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The Canadian Life and Health Insurance Association Inc. (CLHIA; french: Association canadienne des compagnies d'assurances de personnes) is a voluntary
trade organization A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific industry. An industry trade association partic ...
representing
life insurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death ...
and
health insurance Health insurance or medical insurance (also known as medical aid in South Africa) is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses. As with other types of insurance, risk is shared among ma ...
providers in
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
. The organization was formed as the Canadian Life Managers Association by executives representing eight Canadian life insurance companies on May 5, 1894; and was incorporated in 1901 as the Canadian Life Insurance Officers Association. The association is a member of th
Global Federation of Insurance Associations
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 John Jeffrey Leal (born December 13, 1954) is a Canadian politician who serves as the 63rd and current mayor of Peterborough. Previously, he was a member of the Legislative Assembly of Ontario from 2003 to 2018 who represented the riding of Pet ...
introduced a
private member's bill A private member's bill is a bill (proposed law) introduced into a legislature by a legislator who is not acting on behalf of the executive branch. The designation "private member's bill" is used in most Westminster system jurisdictions, in whi ...
based on the CLHIA's proposals for insurance reform. This bill was strongly opposed by the
New Democratic Party of Ontario The Ontario New Democratic Party (french: link=no, Nouveau Parti démocratique de l'Ontario; abbr. ONDP or NDP) is a social-democratic political party in Ontario, Canada. The party currently forms the Official Opposition in Ontario following t ...
, whose leader
Andrea Horwath Andrea Horwath (; born October 24, 1962) is a Canadian politician who has been the 58th mayor of Hamilton since 2022. Horwath previously served as the member of Provincial Parliament (MPP) for Hamilton Centre from 2004 to 2022, as leader of t ...
argued that it would favour insurance companies at the expense of consumers.Andrea Horwath, "Resist insurance lobby, expand CPP," ''National Post'', 9 June 2010, FP15.


See also

*
Assuris Assuris is a nonprofit organization under Canadian federal regulation to protect policyholders of life insurance instruments if a life insurance company becomes insolvent. It is designed to allow a block of policies to be transferred to a solven ...
*
Office of the Superintendent of Financial Institutions The Office of the Superintendent of Financial Institutions (OSFI; french: Bureau du surintendant des institutions financières, BSIF) is an independent agency of the Government of Canada reporting to the Minister of Finance created "to contribute ...


References


External links

* 1894 establishments in Ontario Non-profit organizations based in Toronto Insurance industry organizations Trade associations based in Canada Lobbying organizations in Canada Insurance in Canada {{Ontario-stub