Last week, ICMIF member Farm Mutual Re (Canada) announced the launch of “Mutual Support”. With this initiative, Farm Mutual Re will provide each of its 48 voting member companies and one wholly-owned subsidiary with a one-time payment of CAD 41,000 (USD 30,000) so they are empowered to support local charitable causes during the ongoing COVID-19 pandemic. In […]
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Japanese ICMIF member Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives), is the national federation that manages Kyosai (the name for cooperative insurance in Japan) business for farmers in the JA Group consisting of more than 600 Japan Agricultural Cooperatives (JAs) all over Japan. According to the 2019 issue of the World Cooperative Monitor published by the International Cooperative Alliance (ICA) […]
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ICMIF member NFU Mutual (UK) is giving its existing and new car and small van* member policyholders complimentary or upgraded RAC home start and national recovery breakdown cover until the end of August 2020, to help customers get back on the road as lockdown restrictions are lifted during the coming months and to keep key workers and vital […]
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In line with its goal to be a leader in sustainability in the insurance industry, ICMIF member Folksam (Sweden) is starting to report its own carbon footprint every quarter. For the first time, it published key figures linked to its sustainability work in its interim report for the first quarter of 2020. Folksam is the first in the […]
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Two Argentinian ICMIF members, the Association of Interior Insurers of the Argentine Republic (ADIRA) and the Argentine Association of Insurance Cooperatives and Mutual Societies (AACMS) have this week helped organise and taken part in the Global Insurance Conference – Buenos Aires 2019. The event was convened in conjunction with a number of other Argentinian insurance […]
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ICMIF member OneFamily, a UK-based friendly society, is to use teen-friendly tech to make life easier for its 1.6 million child trust fund account holders, as their accounts mature from September this year. OneFamily holds around a quarter of the UK’s child trust funds. It will be working with digital identity platform Yoti to manage the secure identification of […]
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Despite India being in lockdown for almost for two months now, ICMIF member IFFCO, a fertilizer cooperative, has been working with farmers to ensure they are equipped with what they need to continue working safely through their ‘Break the Corona chain’ campaign. The campaign is designed to educate farmers about virus transmission, equip them with masks […]
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During the first quarter of 2020, Swedish ICMIF member Länsförsäkringar increased its investments in green, social and other sustainable bonds by SEK 3 billion (USD 310 million). Currently, more than 10% of the managed capital in Länsförsäkringar’s portfolio is now invested in sustainability-oriented bonds. “The share of investments in green, social and other sustainable bonds seems, in […]
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A recent survey by ICMIF member, NFU Mutual (UK), highlights that nearly three quarters of respondents from their membership are feeling isolated since the UK lockdown. It has therefore donated GBP 739,000 via its charitable trust, across several national charities, specifically reaching out to the isolated and vulnerable throughout the UK. This donation is part of an […]
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ICMIF member Seguros Unimed is the largest doctors’ cooperative in the world and one of the three largest health insurers in Brazil and the organisation says it working to transform the future with increased healthcare services and financial coverage. Facing the current coronavirus pandemic, Unimed Seguros has followed the guidelines given by the Brazilian health authorities […]
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