Canadian Life and Health Insurance Association

Last updated
Canadian Life and Health Insurance Association
Association canadienne des compagnies d'assurances de personnes
FormationMay 5, 1894;127 years ago (1894-05-05)
Founded at Toronto, Ontario
Type Not-for-profit corporation
Purpose Trade association
Membership (2020)
64 companies [1]
President & CEO
Stephen Frank
AffiliationsGlobal Federation of Insurance Associations
Website clhia.ca
Formerly called
    • Canadian Life Managers Association (1894-1901)
    • Canadian Life Insurance Officers Association (1901-65)
    • Canadian Life Insurance Association (1965-81)

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.

Contents

The association is a member of the 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 introduced a private member's bill based on the CLHIA's proposals for insurance reform. [3] 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. [4]

See also

Related Research Articles

Ontario New Democratic Party Provincial political party in Ontario, Canada

The Ontario New Democratic Party is a social-democratic political party in Ontario, Canada. The Ontario NDP, led by Andrea Horwath since March 2009, currently forms the Official Opposition in Ontario following the 2018 general election. It is a provincial section of the federal New Democratic Party. It was formed in October 1961 from the Co-operative Commonwealth Federation and the Ontario Federation of Labour (OFL).

Power Corporation of Canada is a management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are insurance, retirement, wealth management and investment management, including a portfolio of alternative investment platforms.

AARP is a United States–based interest group focusing on issues affecting those over the age of fifty. According to the organization, it had more than 38 million members as of 2018. The magazine and bulletin it sends to its members are the two largest-circulation publications in the United States.

Andrea Horwath

Andrea Horwath is a Canadian politician who presently serves as the leader of the Official Opposition in Ontario. A member of the Ontario New Democratic Party (NDP), Horwath sits as a member of Provincial Parliament (MPP), representing Hamilton Centre in the Ontario Legislature. She was chosen as her party's leader at its 2009 leadership convention.

Laurentian Bank of Canada Canadian bank

The Laurentian Bank of Canada (LBC) is a Schedule 1 bank that operates primarily in the province of Quebec, with commercial and business banking offices located in Ontario, Alberta, British Columbia, and Nova Scotia. LBC's Institution Number is 039. It is the only bank in North America with a labour union, although recent steps have been taken to revoke the accreditation.

André Desmarais is a Canadian businessman based in Montreal, Quebec.

Genworth Financial is an S&P 400 insurance company. The firm was founded as The Life Insurance Company of Virginia in 1871. In 1986, Life of Virginia was acquired by Combined Insurance, which became Aon plc in 1987. In 1996, Life of Virginia was sold to GE Capital. In May 2004, Genworth Financial was formed out of various insurance businesses of General Electric in the largest IPO of that year. Genworth Financial is incorporated in Virginia.

Canadian Automobile Association

The Canadian Automobile Association is a federation of eight regional not-for-profit automobile associations in Canada, founded in 1913. The constituent associations are responsible for providing roadside assistance, auto touring and leisure travel services, insurance services, and member discount programs within their service territories. The CAA National Office in Ottawa coordinates relations between the clubs, oversees joint initiatives, and lobbies the federal government.

Bankers Life is the primary subsidiary of CNO Financial Group, Inc.. The company was established in 1879 in Chicago, Illinois. CNO is a Fortune 1000 company whose subsidiaries provide insurance products and services to customers in the United States. The core retail market served by Bankers Life is the pre-retirement and retirement aged individual and their families whose annual household income is between $25,000 and $75,000.

Canada Life Canadian financial services and insurance company

The Canada Life Assurance Company, commonly known as Canada Life, is an insurance and financial services company with its headquarters in Winnipeg, Manitoba. The current company is the result of the 2020 amalgamation of The Great-West Life Assurance Company, London Life Insurance Company and The Canada Life Assurance Company, along with their holding companies. The company is a wholly owned subsidiary of Great-West Lifeco.

Christian Labour Association of Canada

The Christian Labour Association of Canada (CLAC) is a labour union that represents companies in the construction, healthcare, and food industries. It was established in 1952 to represent workers on the basis of "Christian social principles". The union claims that its approach to labour relations develops workers' sense of responsibility, participation, stewardship, and dignity. It opposes what it calls the undemocratic, adversarial, and monopolistic practices of the labour movement.

Chartwell Retirement Residences is the largest provider of seniors' housing in Canada, with over 200 locations across Quebec, Ontario, Alberta, and British Columbia. Chartwell offers independent living (IL), independent supportive living (ISL), assisted living (AL), memory care (MC), and long-term care (LTC) facilities across Canada.

France Gélinas

France Gélinas is a politician in Ontario, Canada. She is a New Democratic member of the Legislative Assembly of Ontario who was elected in 2007. She represents the riding of Nickel Belt.

2009 Ontario New Democratic Party leadership election

The 2009 Ontario New Democratic Party leadership election was held in Hamilton, from March 6 to 8, 2009 to elect a successor to Howard Hampton as leader of the Ontario New Democratic Party (NDP). On June 15, 2008, Hampton informed the party's provincial council that he would not stand for re-election as leader at the next party convention in a year's time. While a leadership vote was held at each biennial convention of the Ontario NDP until and including the last regular convention in 2007, there is normally not a contested vote unless there is a vacancy, therefore, the 2009 vote was the party's first leadership convention since Hampton was elected in 1996 to succeed Bob Rae.

Empire Life

The Empire Life Insurance Company, operating as Empire Life, is a Canadian life insurance and financial services company headquartered in Kingston, Ontario. It was incorporated in 1923 and is a subsidiary of E-L Financial Corporation Limited of Toronto, Ontario, Canada. The company provides individual life, health and investment products as well as group life and health products through independent distribution partners including financial advisors, management general agents, national account firms and employee benefit producers. Empire Life is the parent company of Empire Life Investments Inc., a Canadian investment management company launched in 2011.

IA Financial Group

IA Financial Group is one of Canada’s leading insurance and wealth management companies. It also has operations in the United States. It is one of Canada’s largest publicly traded companies. Its parent company, IA Financial Corporation Inc., is a portfolio management company whose securities are listed on the Toronto Stock Exchange under the ticker symbol IAG. The preferred shares of its subsidiary Industrial Alliance Insurance and Financial Services Inc. are listed on the Toronto Stock Exchange under the symbol IAF.1

SSQ Insurance

SSQ Insurance, is a mutual diversified financial institution founded in 1944 in Quebec, Canada, which offers insurance and investment products.

The Chambre de la sécurité financière is the self-regulatory organization for representatives subject to Autorité des marchés financiers (Québec) distributing financial products and services, and Financial Planners of Quebec (Canada).

Dean A. Connor

Dean A. Connor is a Canadian businessman currently serving as President and Chief Executive Officer of Sun Life Financial, an international financial services organization. Sun Life is based in Toronto, Ontario, Canada and has operations in 26 markets. It provides a range of insurance, wealth and asset management solutions to individuals and corporate Clients.

The Canassurance Hospital Service Association, also called Blue Cross Canassurance, is a not-for-profit health insurance provider in Canada. It is a member of the Canadian Association of Blue Cross Plans, operating in Ontario under the brand Ontario Blue Cross and in Quebec as Québec Blue Cross.

References

  1. "Canadian Life and Health Insurance Facts 2020". Canadian Life and Health Insurance Association. Retrieved 26 October 2020.
  2. About CLHIA Archived 2010-03-18 at the Wayback Machine , Canadian Life & Health Insurance Association Inc., accessed 8 September 2010.
  3. James Daw, "Bill would make retirement savings plans mandatory," Toronto Star, 6 May 2010, B2.
  4. Andrea Horwath, "Resist insurance lobby, expand CPP," National Post, 9 June 2010, FP15.