16(1)The Superintendent shall visit personally, or cause to be visited, at least annually, the head office or chief agency in the Province of every licensed insurer, other than a mutual benefit society having less than three hundred members, or any insurer as to which he adopts the inspection of some other government, and he shall verify the statement of the condition and affairs of each insurer filed under this Act, and make such inquiries as are necessary to ascertain its ability to provide for the payment of its contracts as they mature, and whether or not it has complied with all the provisions of this Act applicable to its transactions; and the Superintendent shall report to the Financial and Consumer Services Commission on all matters requiring its attention and decision.

16(2)If the head office of an insurer is not in the Province, the Financial and Consumer Services Commission may instruct the Superintendent to visit the head office to inspect and examine the insurer’s affairs and to make any inquiries that the Commission requires.

16(3)The officers or agents of the insurer shall produce its books and records for the inspection of the Superintendent or other person making the inspection, and shall otherwise facilitate such examination so far as is in their power.

16(4)In order to facilitate such inspection the Superintendent may require the insurer to produce the books and records at the head office or chief agency of the insurer in the Province or at such other convenient place as the Superintendent directs; any officer of the insurer who has custody of the books and records so attending shall be entitled to be paid by the insurer the actual expenses of such attendance.

16(5)The Superintendent may cause abstracts to be prepared of the books and vouchers and a valuation to be made of the assets and liabilities of an insurer, and the cost of preparing these shall be paid by the insurer in accordance with a certificate of the costs presented by the Superintendent.

16(6)Where the office of an insurer at which an examination is made is out of the Province the insurer shall pay the account of the Superintendent in connection with such examination upon the certificate of the Superintendent.

16(7)The Superintendent may, with respect to any insurer, accept the inspection and report, in whole or in part, of, or made under the authority of, any other government in Canada.

16(1)The Superintendent shall visit personally, or cause to be visited, at least annually, the head office or chief agency in the Province of every licensed insurer, other than a mutual benefit society having less than three hundred members, or any insurer as to which he adopts the inspection of some other government, and he shall verify the statement of the condition and affairs of each insurer filed under this Act, and make such inquiries as are necessary to ascertain its ability to provide for the payment of its contracts as they mature, and whether or not it has complied with all the provisions of this Act applicable to its transactions; and the Superintendent shall report thereon to the Minister as to all matters requiring his attention and decision.

16(2)Where the head office of any such insurer is not in the Province, the Minister may, in his discretion, instruct the Superintendent to visit such head office to inspect and examine its affairs and to make such inquiries as the Minister requires.

16(3)The officers or agents of the insurer shall produce its books and records for the inspection of the Superintendent or other person making the inspection, and shall otherwise facilitate such examination so far as is in their power.

16(4)In order to facilitate such inspection the Superintendent, with the approval of the Minister, may require the insurer to produce the books and records at the head office or chief agency of the insurer in the Province or at such other convenient place as the Superintendent directs; any officer of the insurer who has custody of the books and records so attending shall be entitled to be paid by the insurer the actual expenses of such attendance.

16(5)The Superintendent, with the approval of the Minister, may cause abstracts to be prepared of the books and vouchers and a valuation to be made of the assets and liabilities of any such insurer and the cost thereof upon the certificate of the Superintendent, approved by the Minister, shall be paid by the insurer.

16(6)Where the office of an insurer at which an examination is made is out of the Province the insurer shall pay the account of the Superintendent in connection with such examination upon the certificate of the Superintendent approved by the Minister.

16(7)With the consent of the Minister, the Superintendent may, with respect to any insurer, accept the inspection and report, in whole or in part, of, or made under the authority of, any other government in Canada.