Canadian Life and Health Insurance Association explained

Canadian Life and Health Insurance Association
Native Name:Association canadienne des compagnies d'assurances de personnes
Native Name Lang:fr
Founders:-->
Founding Location:Toronto, Ontario
Type:Not-for-profit corporation
Purpose:Trade association
Membership:64 companies[1]
Membership Year:2020
Leader Title:President & CEO
Leader Name:Stephen Frank
Affiliations:Global Federation of Insurance Associations

The Canadian Life and Health Insurance Association Inc. (CLHIA; French: Association canadienne des compagnies d'assurances de personnes) is a voluntary trade organization representing life insurance and health insurance providers in Canada. The organization was formed as the Canadian Life Managers Association by executives representing eight Canadian life insurance companies on May 5, 1894,[2] and was incorporated in 1901 as the Canadian Life Insurance Officers Association.

The association is a member of the Global Federation of Insurance Associations[3] whose member associations represent insurers that account for about 87 per cent of total insurance premiums worldwide.

Leadership

Since 2007, Frank Swedlove has been serving as the association's president while the current chair of the board (2014–2015) is Donald Guloien, president and chief executive officer of Manulife Financial Corporation.

Recent activities

In May 2010, Ontario Member of Provincial Parliament (MPP) Jeff Leal introduced a private member's bill based on the CLHIA's proposals for insurance reform.[4] This bill was strongly opposed by the New Democratic Party of Ontario, whose leader Andrea Horwath argued that it would favour insurance companies at the expense of consumers.[5]

See also

References

  1. Web site: Canadian Life and Health Insurance Facts 2020 . Canadian Life and Health Insurance Association . 26 October 2020.
  2. http://www.clhia.ca/e2.htm About CLHIA
  3. https://web.archive.org/web/20140130044837/http://www.gfiainsurance.org/en/
  4. James Daw, "Bill would make retirement savings plans mandatory," Toronto Star, 6 May 2010, B2.
  5. Andrea Horwath, "Resist insurance lobby, expand CPP," National Post, 9 June 2010, FP15.