Latest news from the sector

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

Groupe VYV and MAIF team up to offer life insurance

French ICMIF members, Groupe VYV and the MAIF Group, and in particular its life insurance subsidiary Parnasse MAIF, have this week announced that they will partner to bring a new life insurance offering to the market in France. This announcement this week confirms the desire for multisectoral collaboration between the two mutual groups, Groupe VYV […]

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Willis Re 1st View April 2018 report: Subdued markets — lively M&A

According to the latest 1st View renewals report from ICMIF member Willis Re, the April renewals saw the continuation of a broadly flat pricing environment. The report found that that there was a rapid reload of insurance-linked securities (ILS) funds following initially overstated Hurricane Harvey, Irma and Maria losses. There was a continued capital oversupply, […]

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The ICMIF team donates Easter treats to a local children’s charity

The team at the International Cooperative and Mutual Insurance Federation (ICMIF) have this week donated a collection of Easter Eggs to a local charity The Children’s Adventure Farm Trust (CAFT). CAFT is based very close to the ICMIF office and the Farm provides a variety of programmes for terminally ill, disabled and disadvantaged children from […]

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CIC Group scoops 2017 Group Life Company of the Year Award from the Association of Kenya Insurers (AKI)

CIC Insurance Group, a member of the International Cooperative and Mutual Insurance Federation (ICMIF), based in Kenya has been awarded the title of Group Life Company of the Year in the Association of Kenya Insurers Group Life Best Practice Awards. This annual event is a celebration of top performing insurance companies and sales agents in […]

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The Co-operators to take on full ownership of CUMIS brand in Canada

The Co-operators, a Canadian member of the International Cooperative and Mutual Insurance Federation (ICMIF), this week announced that it would assume full ownership of CUMIS General Insurance Company and CUMIS Life Insurance Company. Since 2009 The Co-operators and Central 1 have shared ownership of the two insurance companies which will soon become fully owned subsidiaries […]

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ICMIF welcomes a new Board Director, Juan A. Lugo Meléndez, of Cooperativa de Seguros Múltiples de Puerto Rico

At the recent meeting of the Board of Directors of ICMIF/Americas there was a warm welcome for the newest member of the Board, Juan A. Lugo Meléndez. In addition to a seat on the ICMIF/Americas Board, Juan also sits on the main ICMIF Board of Directors. Juan is the Executive President of Cooperativa de Seguros […]

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Willis Towers Watson launches the Global Ecosystem Resilience Facility

Willis Towers Watson, a global advisory, broking and solutions company, has developed the Global Ecosystem Resilience Facility (GERF), the first global insurance facility of its kind to provide innovative finance and risk management solutions to build the resilience of ecosystems and the communities they support. The GERF was launched by Willis Towers Watson CEO, John […]

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MORO agenda now online for the must-attend reinsurance event of 2018 for mutual and cooperative insurers

The 24th Meeting of Reinsurance Officials (MORO) is a unique, global gathering of reinsurance professionals from the mutual and cooperative sector that meets every two years. This conference is an outstanding opportunity for ICMIF members to learn from leading reinsurance professionals as well as share reinsurance knowledge and discuss issues of common interest with other […]

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ICMIF research champions the mutual sector’s diversity

Research carried out by ICMIF on gender diversity at board, CEO and senior management level last year demonstrated how cooperative and mutual insurers – and particularly ICMIF member organisations – are leading the way in diversity. More and more women are leading mutual and cooperative insurers and playing a key role in growing the insurance […]

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The future looks bright for women in mutual and cooperative insurance

The International Cooperative and Mutual Insurance Federation (ICMIF) newly formed Young Leaders Programme had its official launch as part of its Biennial Conference in London last October. Fifty-five young leaders attended and just under half were women, highlighting a clear commitment from mutuals and cooperatives world-wide to “press for progress”. In total, ICMIF’s Biennial Conference […]

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