A significant majority of insurers understand that innovation is increasingly becoming a differentiator in the global marketplace, according to results of a survey from ICMIF Supporting Member A.M. Best. The survey was carried out by A.M. Best on its rated entities on the subject of innovation. These survey results are part of an extensive Best’s Special Report on […]
Read MoreThe Asia and Oceania Association (AOA) of ICMIF has issued a final reminder to its members to register for the AOA Seminar 2018 in Hong Kong. The seminar has been developed for executives, managers, and staff members of AOA member organisations. This year’s seminar will take place on 6 & 7 December in Kowloon, Hong Kong, hosted by […]
Read MoreThis year Argentina holds the G20 presidency and, thanks to the growing recognition of insurance as a social protection mechanism to promote financial and economic stability and growth, there will be a G20 Insurance Forum take place this year for the first time ever at a G20 Summit. The G20 Insurance Forum will take place […]
Read MoreIn the first half of this year, twice as many new customers entered the doors of Danish ICMIF member GF Forsikring compared with the same period last year. Despite negative investment return, the insurance company has upgraded its expectations for the year and says it predicts it will show good results by the year-end that will benefit […]
Read MoreThe Latin American Association for Reinsurance Education (LARG) is a group of mutual/cooperative insurers from Latin America. All these companies are members of the International Cooperative and Mutual Insurance Federation (ICMIF). The LARG concept was originally set up in 2004 by five ICMIF member organizations in order to purchase reinsurance collectively and the group has […]
Read MoreIn 2018, A.M. Best-rated U.S. property/casualty mutuals experienced a modest deterioration in underwriting results in 2017 owing largely to catastrophic events; however, these mutual insurers still posted growth in surplus and net premiums written. This is according to the Best’s Market Segment Report, “U.S. P/C Mutual Insurers: Moderate Surplus Growth Despite Elevated Losses” which was […]
Read MoreAustralian ICMIF member RAC has this week seen the arrival in Perth of one of the world’s first driverless, on-demand vehicles, after the official unveiling of the RAC Intellicar (pictured with the RAC Intellibus) on Wednesday 12 September. Designed as a shared mobility service, the RAC Intellicar will become the newest addition to RAC’s automated vehicle programme, supported by […]
Read MoreShaun Tarbuck, Chief Executive of the International Cooperative and Mutual Insurance Federation (ICMIF), today welcomed the appointment of Denis Duverne as Chair of the Insurance Development Forum’s Steering Committee, succeeding Stephen Catlin (effective 11 September 2018). Tarbuck, who co-chairs the IDF Microinsurance Working Group said: “On behalf of the International Cooperative and Mutual Insurance […]
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