The Global Federation of Insurance Associations (GFIA), a group of 31 associations representing 87 percent of the insurance business globally and much of the U.S. industry, formally established itself as an association and held its first meeting today in Washington at the headquarters of the American Council of Life Insurers (ACLI).

Frank Swedlove, president of the Canadian Life and Health Insurance Association, serves as the newly-elected GFIA chair.

The federation was formed to represent the views of insurers from all over the globe to ensure a unified voice among all multi-national companies across all lines of insurance–from health to life to property and casualty–before international panels like the International Association of Insurance Supervisors (IAIS)

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Elizabeth Festa

Elizabeth Festa is a longtime business and financial services reporter with a specialty in insurance regulatory and legislative coverage at the federal and state level. She is based in Washington, D.C.