Canadian Life and Health Insurance Association announces new Chairman and Board of Directors

MONTREAL, June 3, 2004 – At the Annual Business Meeting of the Canadian Life and Health Insurance Association, Inc. held in Montreal today, Donald A. Stewart, Chief Executive Officer of Sun Life Financial Inc., was elected Chairman of the Association for the year ahead.

“I am honoured to have been elected the 99th Chair of the Association on the occasion of the 110th anniversary of Canada’s life and health insurers working together”, said Mr. Stewart. “The purpose of the first gathering of CLHIA’s founding members on May 5, 1894, was to develop industry input to proposed legislation on life insurance. One hundred and ten years later, we are still working with legislators and regulators at all levels of government to contribute constructively to decisions that affect our industry. I am very pleased to participate in continuing this fine tradition.”

During his term in office, Mr. Stewart will be working with a Board of Directors including: newly elected Chairman Elect, James A. Brierley, President, Munich Reinsurance Company, Canadian Operations; two past Chairmen, Dan Thornton, Chief Operating Officer, Co-operators Life Insurance Company and Claude A. Garcia, President, Canadian Operations, The Standard Life Assurance Company; and the following Directors:

  • Brenda Buckingham, President and Chief Executive Officer, Swiss Re Life & Health Canada;

  • Van M. Campbell, President and Chief Executive Officer, Unity Life of Canada;

  • Yvon Charest, President and Chief Executive Officer, Industrial Alliance Insurance and Financial Services;

  • Dominic D’Alessandro, President and Chief Executive Officer, Manulife Financial;

  • Jacques Desbiens, Chief Executive Officer, Union Life, A Mutual Assurance Company;

  • Pierre Desbiens, President and Chief Executive Officer, National Bank Life Insurance Company;

  • Dan Evans, Vice President and Chief Agent for Canada, Combined Insurance Company of America;

  • Peter C. McCarthy, President and Chief Executive Officer, AIG Life Insurance Company of Canada;

  • A. David Pelletier, President and Chief Executive Officer, RGA Life Reinsurance Company of Canada;

  • Shirley Raab, President and Chief Executive Officer, Group Medical Services; and

  • John D. Reid, President and Chief Executive Officer, Teachers Life Insurance Society (Fraternal).

Established in 1894, the CLHIA represents companies that together account for about 97 per cent of Canada’s life and health insurance business.