Latest news from the sector

Read and share inspirational stories collected from across the ICMIF membership.

ICMIF member CLIMBS continues its cooperative education journey in 2019

A Co-operative Executive Masterclass, organised by The Co-operative College in partnership with ICMIF, took place on Monday 25 November 2019 at ICMIF’s offices near Manchester (UK). This Masterclass was organised for a delegation from ICMIF member organisation CLIMBS Life and General Insurance Cooperative (the Philippines) along with other cooperative delegates from other organisations in the Philippines. The Masterclass focused […]

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P&V Group signs agreement to acquire Private Insurer strengthening its position in the life insurance market

ICMIF member the P&V Group (Belgium) has this week signed an agreement to acquire all the shares in Belgian life insurance company Private Insurer. Private Insurer has 18 employees and collected in EUR 70 million in premiums in 2018. The acquisition should be finalized before the end of the first quarter of 2020, subject to approval by the […]

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Fifty Young Leaders benefit from exclusive development programme at the ICMIF Biennial Conference

Last month’s ICMIF Biennial Conference in Auckland (New Zealand) was attended by 50 young leaders from 13 countries who were there to participate in the second ICMIF Young Leaders Programme held during an ICMIF Conference. The ICMIF Young Leaders Programme has been specifically designed as a unique development opportunity for younger, high potential employees at […]

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ICMIF welcomes Aviva Investors as a Supporting Member

Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), has been approved as a member of the International Cooperative and Mutual Insurance Federation (‘ICMIF’), the global representative body of the cooperative and mutual insurance sector. Aviva Investors will become a ‘Supporting Member’, joining a group of five other companies from around the world. […]

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EMC Insurance Companies receives Insurtech Corporate Innovation Award from Plug and Play, world’s largest global innovation platform

ICMIF member EMC Insurance Companies (USA) received the Insurtech Corporate Innovation Award from Plug and Play at its Winter Summit in Silicon Valley last week. Plug and Play is a global innovation platform that connects start-ups and corporations. “We are honoured by this award as it speaks volumes about the culture of innovation we’ve established at EMC,” said Scott […]

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NTUC Income partners with automotive marketplace Carro to launch usage-based motor insurance policy

ICMIF member and Singapore-based insurer NTUC Income (Income) has become the latest cooperative/mutual insurer to offer a “Pay-as-you-drive” motor insurance policy. The insurance product has been launched in partnership with Carro, the largest automotive marketplace in Singapore. The new insurance product is based on a “pay as you drive” model and users will pay according to how much […]

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AM Best maintains global reinsurance market outlook at stable

ICMIF Supporting Member AM Best has maintained a market segment outlook of stable on the global reinsurance industry for 2020, citing a stabilized pricing environment – albeit at levels below long-term adequacy – the continuing alignment between traditional and third-party capital and ongoing stability in the global life reinsurance segment.   The new Best’s Market Segment Report, titled, […]

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Sancor Seguros Group recognised for its Sustainability Report

The 7th edition of the Sustainable Leadership Awards organised by the Argentine-British Chamber of Commerce (Cámara de Comercio Argentino – Británica, CCAB) took place on 28 November 2019 at the Buenos Aires Stock Exchange (Argentina). Betina Azugna, Corporate Social Responsibility Manager at the Sancor Seguros Group (one of ICMIF’s members), received the first prize awarded […]

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ICMIF members come out on top in UK personal finance awards

Now in their 22nd year, the Personal Finance Awards have enjoyed recognition for many as being a benchmark for excellence in the UK’s consumer finance market. The 2019 Personal Finance Awards took place at the in London last week, on Wednesday 27 November. Voted for by consumers via The Money Pages website, the organisers say […]

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The Co-operators supports wildfire resiliency efforts and advocacy across Canada

According to a press release issued this week by ICMIF member The Co-operators, Canadians can now apply for funding to support local Wildfire Community Preparedness Day activities, and join municipalities from coast to coast in a national effort to reduce wildfire risk to local communities. Wildfire Community Preparedness Day is an annual, national programme, launched by FireSmart […]

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