Genworth Financial Chairman, President & CEO Michael D. Fraizer to Chair ACLI.

Washington, D.C. (Oct. 18, 2010) — The American Council of Life Insurers (ACLI), whose member companies provide financial and retirement security to millions of consumers, elected its 2011 Chairman and Board of Directors today at its 2010 Annual Conference, Insuring the Future.

Elected as Chairman was Michael D. Fraizer, Chairman, President and CEO of Genworth Financial. Mr. Fraizer will serve as Chairman for one year.

“Mike Fraizer is a proven industry leader. He has a strong commitment to our industry’s core mission of helping Americans achieve financial and retirement security. These qualities, combined with his deep understanding of the key issues affecting the life insurance industry and its policyholders, make him an ideal choice to be ACLI’s Chairman,” said ACLI President and CEO Frank Keating.

ACLI also elected Ted Mathas, Chairman, President and CEO of New York Life Insurance Company to its Chairman-Elect position. He will assume the chairmanship in October 2011. ACLI’s Chairman-Elect designate post was awarded to James T. Morris, Chairman, President and CEO of Pacific Life Insurance Company. He will take over as ACLI Chairman in October 2012. C. Robert Henrikson, Chairman, President and CEO of MetLife, will serve as ACLI Immediate Past Chairman in the coming year.

The Chairman and Board of Directors set policy and guide the actions of the association, which represents the life insurance industry in Washington, D.C., and the states.

Serving on ACLI’s Board through 2013:

• Roger W. Crandall, President & CEO, Massachusetts Mutual Life Insurance Company;
• Anthony M. Garcia, President & CEO, TIAA-CREF Life Insurance Company;
• Dennis R. Glass, President & CEO, Lincoln Financial Group;
• Thomas E. Henning, Chairman, President & CEO, Assurity Life;
• Donna H. Kinnaird, President, Swiss Re Life & Health America Inc.
• Mark W. Mullin, President & CEO, AEGON USA, LLC;
• John E. Schlifske, Chairman & CEO, The Northwestern Mutual Life Insurance Company;
• Donald A. Stewart, Chief Executive Officer, Sun Life Financial;
• Larry D. Zimpleman, Chairman, President & CEO, Principal Financial Group.

Serving on ACLI’s Board through 2012:

• James M. Cracchiolo, Chairman & CEO, Ameriprise Financial, Inc.;
• Bradford L. Hewitt, President & CEO, Thrivent Financial for Lutherans;
• Robert G. Leary, Chief Executive Officer, ING Insurance U.S.;
• David N. Levenson, President, Wealth Management, The Hartford;
• Thomas E. Rattmann, Chairman, President & CEO, Columbian Mutual Life Insurance Company;
• John S. Roberts, President & CEO, Assurant Employee Benefits;
• John R. Strangfeld, Chairman & CEO, Prudential Financial, Inc.;
• Kirt A. Walker, President & COO, Nationwide Financial;
• Matthew E. Winter, President & CEO, Allstate Financial; 

Serving on ACLI’s Board through 2011:

• Gary C. Bhojwani, President & CEO, Allianz Life Insurance Company of North America;
• James R. Boyle, President, John Hancock Financial Services & Senior EVP, U.S. Division, Manulife Financial Services;
• Christopher M. Condron, Chairman, President & CEO, AXA Equitable;
• Patrick A. Cozza, President & CEO, HSBC Insurance;
• Michael G. DeKoning, President & CEO, Munich American Reassurance Company;
• Dennis L. Johnson, President & CEO, United Heritage Life Insurance Company;
• JoAnn M. Martin, President & CEO, UNIFI Companies;
• L. John Pearson, Chairman, The Baltimore Life Insurance Company;
• J. Eric Smith, President, USAA Life Insurance Company.

ACLI represents life insurers’ interests on a wide range of topics at both the federal and state levels. In addition, ACLI represents the industry before courts and aggressively promotes the role life insurers play in the retirement and financial security of millions of Americans as well as the nation’s economic well-being.

“For over 200 years, the life insurance industry has been committed to providing consumers with the peace of mind they want and need. The industry’s core mission is to help Americans achieve financial and retirement security. And with our Board’s leadership, ACLI will continue to help life insurers fulfill this mission.” Keating said.

The American Council of Life Insurers (ACLI) is a Washington, D.C.-based trade association with more than 300 legal reserve life insurer and fraternal benefit society member companies operating in the United States. ACLI members represent more than 90 percent of the assets and premiums of the life insurance and annuity industry. In addition to life insurance and annuities, ACLI member companies offer pensions, 401(k) and other retirement plans, long-term care and disability income insurance, and reinsurance. ACLI's public Web site can be accessed at www.acli.com.