CLHIA-ACCAP

Canadian Life and Health Insurance Facts -- 2018

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President's message Welcome to the 2018 Edition of the CLHIA's Canadian Life and Health Insurance Facts. As the information contained in this year's Edition bears out, our industry continued to move from strength to strength over the past year, reinforcing its contribution to the lives of both Canadians and our economy. Canada's life and health insurers are in business to provide products and services to Canadians that helps them save for the comfortable future they want, while protecting themselves and their loved ones from life's unexpected events. We also ensure they can access supplementary healthcare, including prescription drugs and paramedical services, when they need it the most. Whether beginning a new career, working to support a family, or preparing for retirement, life and health insurers are there to ensure peace of mind and health and well-being. The industry also plays a critical role in helping to build Canada's economy for the future. We provide a significant source of financing to support and fulfil the need for capital for new projects as well as to replace Canada's aging infrastructure such as hospitals, roads and bridges. And, we stand ready to invest even more. In addition, as one of Canada's biggest export industries, we are contributing to Canada's international reputation as a good place in which to invest and do business. Foreign operations of Canadian insurers grew significantly over the past year, reflecting our growing stature in the international marketplace. I hope that you find the information in this 2018 Edition informative and useful. Stephen Frank President & CEO

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