Léo Grépin takes over from Claude Accum on Dec. 31
But profits could be threatened by climate change
The appointment is effective Sept. 1
Michel Laurin will assume the position on Sept. 9
Insurance industry association also wants improved access to variable payment life annuities, among other recommendations
Wealth sales rose 7%, while Canada insurance sales decreased 27%
Company reports $459 million net income
The Liberals introduced draft legislative proposals on several measures from the 2019 budget
He replaces Michel Tremblay, who retired at the end of May
Severe weather has reduced the supply of capital, leading to pricing power