Reinsurance placements at 1 January 2019 highlight a pricing gap between accounts with peak peril exposures or poor loss records and the rest, with many reinsurers placing emphasis on the quality of client counterparties, according to the latest 1st View renewals report from ICMIF member Willis Re. The report notes a two-track trend as having been especially evident […]
Read MoreRegis Mutual Management, has been included in the 2017/2018 edition of The Parliamentary Review which was published in October 2018. The Parliamentary Review is an annual publication which highlights best practice in different industry sectors in the UK. Read the full article from Regis in the insurance edition of the Review here. Established 10 years […]
Read MoreBusiness Council of Co-operatives and Mutuals (BCCM) one of the Australian members of the International Cooperative and Mutual Insurance Federation (ICMIF) last week announced that its board has been re-elected in full. The BCCM Chairperson for 2019 is Terry Agnew (pictured). The BCCM Board of Directors for 2019: Ian Gillespie – re-elected as Director Greg […]
Read MoreDr Jaime Aristotle Alip (pictured, centre), Founder of the ICMIF 5-5-5 Mutual Microinsurance Strategy and a fomer Chair of the ICMIF Development Committee, has today (10 December 2018) joined the opening session at the second InsuResilience Global Partnership Forum taking place in Katowice (Poland). The framing session, entitled Effective risk financing and insurance solutions for […]
Read MoreMany Canadians are already experiencing challenging weather conditions with snow and sub-zero cold. These freezing temperatures can wreak havoc on homes, causing pipes to freeze and ice damming. Water is the most common cause of damage and accounts for 50% of home insurance claims costs. And although home insurance policies cover accidental damage resulting from […]
Read MoreICMIF Supporting Member A.M. Best has revised its market segment outlook for the global reinsurance industry to stable from negative for 2019, citing factors stemming from a growing alignment between traditional and third-party capital among non-life reinsurers. A more-stabilized pricing environment—albeit at levels still below long-term adequacy—a rising interest rate environment, emerging growth opportunities and […]
Read MoreInsurers around the world should receive fair regulatory treatment, according to their nature, scale and complexity, a conference of mutual and cooperative insurers will hear at the second joint AMICE-ICMIF regulatory event taking place in Paris today. More than 100 delegates will hear from leading industry representatives, practitioners, global regulators and policymakers about regulatory developments […]
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