APPOINTMENT: Mary Forrest
News ReleaseRelease Date: 06/17/2015 Staff Reference: Wendy Hope
The members of the Canadian Life and Health Insurance Association (CLHIA) have elected Mary Forrest, President and Chief Executive Officer, North America (Life) of Munich Reinsurance Company as Chair.
Ms. Forrest joined Munich Re in 1991 and over the past 24 years, has held positions of increasing responsibility within the Munich Re Group. Mary is responsible for the company’s Life and Health reinsurance operations in the United States, Canada and the Caribbean.
Ms. Forrest is the past Chairman of the Atlanta based Munich American Reassurance Company Board. Former board memberships include the Munich Reinsurance Company of Canada and Temple Insurance Company.
Ms. Forrest holds a Bachelor of Science from the University of Toronto, and is a Fellow of the Society of Actuaries and the Canadian Institute of Actuaries.
Established in 1894, the CLHIA is a voluntary association whose member companies account for 99 per cent of Canada's life and health insurance business. The industry provides a wide range of financial security products such as life insurance, annuities (including RRSPs, RRIFs and pensions) and supplementary health insurance to 28 million Canadians. It also holds more than $720 billion of assets in Canada and employs 155,000 Canadians.