June 11, 2009 -

The following article recently appeared on the Canadian Life and Health Insurance Association Inc. (CLHIA) website

Ronald E. Beettam, President and Chief Executive Officer of Equitable Life of Canada®, has been elected Chairman of the Board of Directors of the Canadian Life and Health Insurance Association Inc. (CLHIA). Mr. Beettam previously served on the Board for two years and as Chair of the Standing Committee on Standards and Marketplace Relations.

Mr. Beettam joined Equitable Life® in January 2005 as President and CEO having worked in the insurance industry for 30 years. Equitable Life is the largest federally-regulated mutual life insurance company in Canada.

Mr. Beettam is a graduate of the University of Western Ontario in 1979 with an Honours BSc., Actuarial Science. He is a Fellow of the Society of Actuaries (FSA) and the Canadian Institute of Actuaries (FCIA). He is also member of the Industry Advisory Committee for Assuris, the not-for-profit organization that protects Canadian consumers in the event that their life insurance company should fail. He is also a supporter of the United Way in Kitchener-Waterloo.

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 about 26 million Canadians. It also holds more than $400 billion of assets in Canada and employs over 120,000 Canadians.