Canadian Life and Health Insurance Association Elects 2007-08 Chairman and Board of Directors

TORONTO, June 18 2007 – At the Annual General Meeting of the Canadian Life and Health Insurance Association, Inc. held in Toronto today, Peter C. McCarthy, President and Chief Executive Officer, AIG Life Insurance Company of Canada, was elected Chairman of the Association for the year ahead.

“I am pleased and honoured to serve the industry over the months ahead, and I am looking forward to the opportunity to working together with so many respected and experienced colleagues in continuing the fine tradition of consensus building and constructive dialogue with regulators and policy-makers as the Association enters its 113th year in operation,” said Mr. McCarthy.

During his term in office, Mr. McCarthy will be working with a Board of Directors including: newly elected Chairman Elect, Pierre-Yves Julien, President and Chief Executive Officer, Medavie Blue Cross; two past Chairmen, James A. Brierley, President, Munich Reinsurance Company, Canada Branch (Life) and Yvon Charest, President and Chief Executive Officer, Industrial Alliance Insurance and Financial Services Inc.; and the following Directors:

• Ronald Beettam, President and Chief Executive Officer, The Equitable Life Insurance Company of Canada;
• Richard Bell, Chief Executive Officer, SSQ Financial Group;
• Alain Brunet, President and Chief Executive Officer, National Bank Life Insurance Company;
• Dominic D’Alessandro, President and Chief Executive Officer, Manulife Financial;
• Denis Devos, President and Chief Operating Officer, Canada, The Great-West Life Assurance Company/London Life Insurance Company/The Canada Life Assurance Company; – Gordon Henderson, President and Chief Executive Officer, BMO Life Insurance Company;
• Dieter Kays, President and Chief Executive Officer, FaithLife Financial;
• Paul Reaburn, President and Chief Executive Officer, Transamerica Life Canada (AEGON Canada Inc.)

Established in 1894, the CLHIA represents companies that together account for over 99 per cent of Canada’s life and health insurance business. www.clhia.ca.