Which organization represents 99% of Canada's life and health insurance companies?

The Canadian Life and Insurance Association (CLIA) is the organization that represents 99% of Canada's life and health insurance companies. This association plays a critical role in the insurance sector, advocating for the interests of its member companies and providing a unified voice in discussions with the government, regulators, and other stakeholders. CLIA's efforts help shape policy and respond to industry challenges, ensuring that its members can operate effectively within the regulatory framework while also addressing the needs of consumers.

In the context of the other organizations listed, while the Insurance Bureau of Canada primarily focuses on property and casualty insurance, and the National Council of Insurance Legislators engages with legislative matters concerning the insurance industry, they do not specifically represent life and health insurance companies. The Life Insurance Market Association, on the other hand, is generally concerned with specific market segments within the life insurance industry but does not encompass the broader representation that CLIA provides to the majority of life and health insurers in Canada.