An Indian member of International Cooperative and Mutual Insurance Federation’s (ICMIF), The Development of Humane Action (DHAN) Foundation, has successfully been able to provide mutual microinsurance protection to 200,773 previouslyuninsured people from poor communities in India in the first year of their project under the ICMIF 5-5-5 Mutual Microinsurance Strategy. The project with the DHAN […]
Read More
With the 2017 losses slowly fading in the rear-view mirror, the ILS market is roaring forward through the first half of 2018. Cat bond issuance is at or near record levels, and non-life ILS assets under management (AUM) continue to grow. Where might the road lead? asks the latest Willis Towers Watson and Willis Re […]
Read More
Between 25 May and 14 June 2018, hailstorms and heavy rain raged across large areas of France and caused a great deal of damage. These challenging weather events were notable for a number of reasons. Their duration, the extent of the geographical area affected and the extensive range of damage that they caused. At the […]
Read More
“Orange Health” is a new health and fitness programme developed by ICMIF member NTUC income (Income) in Singapore. The programme is designed to help Income’s members increase their awareness of their wellness holistically. Developed by Income, Orange Health, which is housed in the Income Insurance app, empowers members who are covered by an IncomeShield policy to record […]
Read More
Bas Lavalaye of Achmea, a Netherlands-based member of the International Cooperative and Mutual Insurance Federation (ICMIF), took part in a Technical Assistance assignment for the Development of Humane Action (DHAN) Foundation (India) through the ICMIF 5-5-5 Mutual Microinsurance Strategy earlier this year. In a new video from the ICMIF Communications Team, Bas has spoken about […]
Read More
This year Argentina holds the presidency of the G20 and, thanks to the growing recognition of insurance as a social protection mechanism to promote financial and economic stability and growth, there will be an Insurance Forum take place this year for the first time ever at a G20 Summit. The G20 Insurance Forum will take […]
Read More
How does the process of innovation work in mutual/cooperative insurance companies in other countries? Nadine Anemüller, Head of International Cooperation and the Future Workshop at German ICMIF member DEVK Versicherungen (DEVK) was keen to find out and so, earlier this year, she invited representatives from Danish ICMIF member the LB Group to visit DEVK’s headquarters in Germany […]
Read More
Canadian ICMIF member The Co-operators has formed an innovative partnership to create solutions that address unmet insurance needs in the fast-evolving, digital economy. The Co-operators, together with award-winning insurtech business partner Slice Labs Inc. (Slice), announced this week that they have signed an exclusive agreement to leverage the Slice Insurance Cloud Services™ (ICS) platform to launch The Co-operators […]
Read More
In a recent episode of A.M.BestTV, Chuck Chamness (pictured), president and chief executive officer, and Jimi Grande, senior vice president, of the National Association of Mutual Insurance Companies (NAMIC) said the U.S. government’s response to disasters has been inconsistent and driven by politics. Click here to view the entire programme. In the programme Chamness and Grande […]
Read More
According to a recent, comprehensive international survey of insurers by Willis Towers Watson, insurers are becoming less tolerant of missed earnings targets due to pressure from investors. As a result, the survey says, they are moving to more sophisticated metrics, such as return on equity and economic capital. Reinsurance is used increasingly for earnings protection […]
Read More