ICMIF member and cooperative insurer the P&V Group (Belgium) has announced the launch of an insurance bond, which is intended to be affordable in terms of a minimum investment, clear because there are no superfluous options, and safe because it comes with a solid and fixed rate. P&V Group says it is betting on a […]
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ICMIF member La Segunda Seguros (Argentina) has partnered with Banco Coinag and the Red Mujeres Rurales (Rural Women’s Network) to launch a training programme designed to promote the financial autonomy of rural women entrepreneurs in Argentina. The training programme is part of the Promotion of Cooperative Entrepreneurship (Impulso de Emprendimientos Cooperativos) programme, which was created […]
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The NFU Mutual Charitable Trust has announced its first round of donations for 2024, distributing more than GBP 500,000 to 11 rural causes across the United Kingdom. This funding marks the beginning of a two-part donation cycle, with the Trust expecting to contribute at least GBP 1 million by the end of the year. As […]
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True to its customer-centric philosophy, ICMIF member Vaudoise Assurances (Switzerland) continues to solidify its reputation as a leading insurer, earning top ratings for customer satisfaction in 2024. Consistently recognised for its commitment to excellence, Vaudoise has once again climbed the ranks, securing a place among the most appreciated insurers in Switzerland according to comparison websites […]
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Earlier this month, African Risk Capacity (ARC) made an insurance payout to the Government of the Republic of Malawi and its Replica partner, the United Nations High Commissioner for Refugees (UNHCR), following the devastating 2023/24 El Niño-driven drought. The payout of just over USD 11.6 million will support immediate humanitarian efforts to address food insecurity […]
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To improve early detection of fraudulent practices in the insurance industry, ICMIF member Triunfo Seguros organised the first National Congress on Fraud Detection and Prevention in Argentina. The event, which took place on 22 and 23 July 2024 in Mendoza, was delivered by professional insurance specialists and was aimed at training staff, collaborators, law firms […]
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Following a drastic increase in all-terrain vehicle (ATV) fatalities in rural Ontario (Canada), ICMIF member Co-operators, a leading Canadian financial services cooperative, has announced a strategic collaboration with the Ontario Federation of All-Terrain Vehicle Clubs (OFATV). This partnership underscores Co-operators’ dedication to fostering safe and thriving communities, particularly in rural areas where ATV usage is […]
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A market reset by global reinsurers designed to de-risk portfolios, realign relationships with primary carriers and improve pricing generated strong technical results for the segment in 2023, according to a new report from ICMIF Supporting Member AM Best. These efforts have included a much-needed shift away from high-frequency layers, the adoption of tighter contract wording, […]
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Reinforcing its reputation for quality and affordability across multiple insurance products, ICMIF member LB Forsikring, Denmark’s largest member-owned mutual insurance company, was presented the ‘Best in Test’ award recently by the Danish Consumer Council (Forbrugerrådet Tænk) for its dog insurance insurance cover. The Consumer Council tested dog insurance with 14 companies and emphasised that LB […]
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It was announced this week that ICMIF member RAC (Australia) is continuing its long-standing sponsorship agreement with the Western Australia’s state emergency rescue helicopters. Emergency Services Minister Stephen Dawson announced RAC had won the contract for the exclusive naming rights – an arrangement that the RAC has held since shortly after the Emergency Rescue Helicopter […]
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