The International Cooperative and Mutual Insurance Federation (ICMIF) has this week welcomed the news that the Estonian Parliament Riigikogu has introduced an Amendment to the Estonian Insurance Activities Act, which has now expanded the types of insurance company structure which are permitted in Estonia. The Amendment means that both insurance associations (a type of mutual insurer), and European […]
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On International Women’s Day 2019 (Friday 8 March), we are proud to share the details of some of our work in the pursuit of a “Balance for Better” – the theme of this year’s day. A balanced world is a better world and ICMIF and its members are working to forge a more gender-balanced world; we celebrate women’s […]
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The theme for this year’s International Women’s Day, #balanceforbetter, is based on the principle that “gender balance is essential for economies and communities to thrive”. However, with 783 million people living below the international poverty line of USD 1.90/day (according to the United Nations), there are many communities around the world that are not thriving. The distribution […]
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The ICMIF Young Leaders Programme is a unique programme for ICMIF members which takes place during the Federation’s Biennial Conferences. The Programme is designed for young professionals (generally aged 18 to 35) from mutual, cooperative and member-owned insurers who have been identified by their seniors as strong candidates to become future leaders within their organisations. It gives the […]
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Belgian ICMIF member P&V Assurances has launched Fixiteasy: the first “all-in” platform in Belgium that quickly finds authorised professionals to carry out home repairs. With a warranty for the work completed and online payment included. P&V Assurances is the first Belgian insurer to launch an online platform for housing-related repairs, from the request for intervention to […]
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US ICMIF member, Thrivent, a not-for-profit membership organisation that aims to help its members be wise with money and live generously, has been recognised by the Ethisphere Institute, as one of the 2019 World’s Most Ethical Companies. The Ethisphere recognition honours companies which recognise their critical role to influence and drive positive change in the […]
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The mutual and cooperative insurance market has been the fastest-growing part of the global insurance industry in the 10-year period since the global financial crisis, according to the Global Mutual Market Share 10 report launched today by the International Cooperative and Mutual Insurance Federation (ICMIF). This is a special 10 year anniversary edition of the […]
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ICMIF, the Federation representing the global mutual and cooperative insurance industry today announced the addition of a new Supporting Member, Berkley Re, which specialises in providing international property and casualty reinsurance worldwide. The International Cooperative and Mutual Insurance Federation (ICMIF) represents 197 member organisations in 66 countries which collectively wrote USD 232 billion in premiums […]
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Pricing in the global reinsurance sector remains disappointing following the 1 January 2019 renewals, according to a new report from ICMIF Supporting Member AM Best, as expected rate increases following heavy catastrophe losses in 2017-2018 did not come to fruition. The Best’s Market Segment Report, entitled, “Reinsurance: Will Investor Losses Lead to a Rising Tide for Pricing?,” […]
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The results of a recent survey by the Centre for Public Opinion Studies in Argentina on the way insurers manage and pay customers’ claims show that four ICMIF member organisations feature in the top ten best-performing companies in 2018. The survey was carried out on behalf of NBS Banks and Insurance news website. The four ICMIF […]
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