9 October 2012
Thirty-two insurance associations representing 87 per cent of the worldwide insurance business formally established the Global Federation of Insurance Associations (GFIA) today.
"This is a great day for the insurance industry around the world. The federation will give our associations the ability to respond on a timely basis to international issues affecting our industry and to speak with one voice," said Frank Swedlove, newly-elected GFIA chair and president of the Canadian Life and Health Insurance Association. "I am honoured to have the opportunity to be the inaugural chair of the federation and will strive to ensure that our industry's views are heard."