Latest News

Friday, 13 October 2017

The UK mutual insurance sector continued to outperform the rest of the UK insurance market in 2016, according to the latest financial research from the International Cooperative and Mutual Insurance Federation (ICMIF).

The Market InSights: UK 2016 report will be officially launched next week at ICMIF’s Biennial Conference in London, attended by more than 350 delegates from 147 organisations and 37 countries.

The report shows that the UK mutual sector reported a post-crisis record level of insurance premiums of GBP 19.6 billion in 2016, representing an increase of almost 10% from the previous year (2015: GBP 17.8 billion)....

Friday, 06 October 2017

ICMIF Supporting Member A.M. Best has this week announced that two of its senior executives have been named by Intelligent Insurer magazine in the 2017 edition of its annual Influential Women in (Re)Insurance list, which profiles an elite roster of female executives making their mark on the risk transfer industry.

Andrea Keenan (pictured), senior managing director of industry relations throughout the Americas – Canada, the United States, Caribbean and Latin America – together with Catherine Thomas, senior director of analytics based in A.M. Best’s Europe Middle East and Africa office in London, are named in the honour list by...

Friday, 29 September 2017

More than 50 young leaders from 27 mutual and cooperative insurers in 14 countries have registered to attend the new Young Leaders Programme at the upcoming ICMIF Biennial Conference in London (17-20 October). The unique programme has been designed for millennial/Gen Y employees (generally aged between 18 and 35) of ICMIF member companies, offering them the chance to attend the full ICMIF Conference as well as participate in exclusive breakfast sessions and networking events.

The attendees participating in the Young Leaders Programme will have the chance to learn from their peers at other ICMIF member companies and also enjoy the...

Monday, 25 September 2017

The 25th ICMIF/Americas Annual Conference will take place from 29 November – 1 December 2017 in Montevideo, Uruguay. There are just five days left for ICMIF members to save USD 100 with the early-bird discount registration rate which is available until Friday 29 September 2017.

 

The theme of this year's conference, From Risk to Opportunity, is an ideal opportunity for board members and senior staff of ICMIF member organisations to learn about the successes and latest trends in the cooperative/mutual insurance industry. Click on the following link to visit the ICMIF/Americas Conference Web site at www.icmif.org/...

Friday, 22 September 2017

The Association of Mutual Insurers and Insurance Cooperatives in Europe (AMICE), together with its global organisation, the International Cooperative and Mutual Insurance Federation (ICMIF), welcomes the interim report, “Sustainable Financing a European Economy”, published by the High Level Expert Group on sustainable finance (HLEG) and congratulates the authors on their analysis. We fully support the conclusions identifying many key issues which could help move the EU towards a truly sustainable financial system.

AMICE has responded to the HLEG’s recent questionnaire on its interim report, highlighting diversity in the financial...

Wednesday, 20 September 2017

The global mutual and cooperative insurance community, represented by the International Cooperative and Mutual Insurance Federation (ICMIF), and the European mutual and cooperatives sector, represented by the Association of Mutual Insurers and Insurance Cooperatives in Europe (AMICE), welcomes the application paper issued yesterday by the International Association of Insurance Supervisors (IAIS) on the regulation and supervision of mutuals, cooperatives and community-based organisations (MCCOs). The paper represents an important step forward in recognising that different types of insurers need to be regulated in a way which is appropriate...

Thursday, 14 September 2017

ICMIF is pleased to announce that insurance industry-expert and President of RMS, Mike Pritula, has been added to the line-up of speakers at its upcoming Biennial Conference in London (17-20 October).

Mike leads client service and market development for RMS, advancing the company’s role in delivering value to enable its clients’ strategic success. He joined RMS in March 2017 from McKinsey & Company where he was Senior Partner, with global responsibilities for the development of its insurance practice.

Mike, when at McKinsey, was the keynote speaker at the 2015 ICMIF Biennial Conference held in Minneapolis, where he...

Friday, 01 September 2017

Mr. Fumio Yanai has this week been confirmed as the new Chair of ICMIF’s regional association, the Asia & Oceania Association (AOA).

Mr. Fumio Yanai has been President of ICMIF member Zenkyoren, Japan, since July 2017. Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives) has a business scale of JPY57.7 trillion (USD 514.8 billion) in total assets and JPY 5.9 trillion (USD 53.1 billion) in premium and other insurance income.

Mr. Yanai joined Zenkyoren in April 1979. Since then he has held a number of various position at the organisation,...

Friday, 18 August 2017
Rowan Douglas

…Or should there be more focus on disaster risk reduction and social protection? This is an abridged article from the FT, first published on 15 August 2017.

Western governments believe insurance will help deliver relief more effectively by putting in place a quicker and more predictable source of funds when the worst happens. But some fear the policies do not cover the real risks

The insurance industry, including ICMIF and a number of its members, has assembled a host of executives, alongside the UN and the World Bank, into a group called the Insurance Development Forum, which aims to extend the use of insurance and risk...

Monday, 14 August 2017

La XIII Reunión Anual del Grupo Latinoamericano de Reaseguros (LARG por sus siglas en inglés) se llevará a cabo entre el miércoles 23 de agosto de 2017 hasta el viernes 25 de agosto de 2017 en San Juan, Puerto Rico, con Cooperativa de Seguros Múltiples de Puerto Rico, una empresa miembro de ICMIF, como anfitrión local.

El Grupo Latinoamericano de Reaseguros es un grupo de miembros de la Federación Internacional de Cooperativas y Mutuales de Seguros (ICMIF por sus siglas en inglés) que compran sus reaseguros colectivamente. El concepto fue creado originalmente en 2004 por cinco organizaciones miembro de ICMIF y ha crecido...

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