President's message
Welcome to the CLHIA's new and improved Canadian Life and
Health Insurance Facts. The life and health insurance industry in
Canada continues to evolve to meet the needs of its customers
and plays an important role in contributing to matters of public
policy. We thought the time was right to take a fresh approach to
communicating the data that underpins the major contribution
the industry makes to Canada's economy and illustrates how it
provides financial security to Canadians when they need it the
most.
Canada's life and health insurance industry grows from strength
to strength with every passing year. We have continued to weather significant shocks to the
global economy, as well as a persistently low interest rate environment since 2008. The life
and health insurance industry is one of the powerhouses driving the Canadian economy, and
we are one of the few Canadian industries that hold global assets of more than $1.6 trillion.
I hope that you find the 2016 Edition of our "factbook" informative and that it communicates
the significant value the life and health insurance industry represents to Canada's economy
and to Canadians.
Frank Swedlove
President & CEO
