Issue link: http://clhia.uberflip.com/i/834345
Life and Health Insurers Working Together For A Better Canada 24 million - With supplementary health benefits 22 million - With life insurance averaging $198,000 per insured 12 million - With disability income protection Protecting over 28 million Canadians The industry is highly competitive with over 100 life and health insurers providing Canadians with an extensive selection of life, health and disability insurance products as well as pension and retirement savings solutions. Canadian insurers are internationally successful, operating in more than 20 countries and territories around the world, with over half of their global assets held for operations outside Canada. Three Canadian life insurers rank among the top 15 largest life insurers in the world. The industry employs nearly 150,000 Canadians, with 55,200 managerial and administrative staff and over 93,400 agents, working from offices and agencies across the country. $40.9 billion - Annuities $32.2 billion - Health and disability claims $11.1 billion - Life insurance policies $84.2 billion in payments to Canadians $762 billion - Total assets $690 billion - 90% held in long-term investments Investing for Canadians $1.1 billion - Corporate income and capital taxes $1.1 billion - Payroll and other taxes $1.3 billion - Premium tax $3.2 billion - Retail sales and payroll taxes collected Over $6.6 billion in taxes paid and collected A Message from the President and CEO Board of Directors Review of the Year's Results CLHIA Code of Member Service Members CLHIA Officers Chair's Message