Latest news from the sector

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

IBISA NETWORK launches innovative parametric heat index product in India to protect dairy farmers against losses

ICMIF member IBISA NETWORK is a global climate insurtech company that helps food and beverage, and agri and allied sector companies to increase the climate resilience and sustainability of their entire supply chain, through optimised climate risk management solutions and increased support to growers. IBISA quantifies the impact of specific climate risks and builds tailor-made […]

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The UNDP has launched the Inclusive Insurance Navigator: a Guide to Designing Inclusive Insurance Products and Markets

One of ICMIF’s partner organisations, the United Nations Development Programme (UNDP) has recently announced the launch of the Inclusive Insurance Navigator, a Guide to Designing Inclusive Insurance Products and Markets, which was developed by the UNDP’s Insurance & Risk Finance Facility (IRFF) team. Jan Kellett, Head of the UNDP Insurance and Risk Finance Facility said: […]

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MAIF and Sport Planète Eco-Games put taking part in sports at the service of the environment

This week, the 2023 edition of the Sport Planète Eco-Games takes place in France with the support of French ICMIF member MAIF. This will be a week of sporting events, both in the capital Paris and across France. The aim is for MAIF’s support to give the games an added dimension by engaging a greater […]

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EMC Insurance Companies to welcome over 80 (re)insurance leaders to the ICMIF Meeting of Reinsurance Officials this week

This week, over 80 leaders from the global mutual and cooperative insurance sector will meet in Des Moines, Iowa (USA) for the 2023 International Cooperative and Mutual Insurance Federation (ICMIF) Meeting of Reinsurance Officials (MORO). ICMIF is the global association for cooperative and mutual insurers. As a membership organisation, the Federation’s mission is to help […]

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Desjardins announces CAD 350 million in financing to build wind farms

This week, Canadian ICMIF member Desjardins announced that it is providing up to CAD 350 million in financing to the Alliance de l’Énergie de l’Est so that it can invest in renewable energy projects and qualify for requests for proposals from Hydro-Québec. In its announcement, Desjardins said it is proud to support the alliance – […]

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Cooperatives for sustainable development: 2023 International Day of Cooperatives announced

On 1 July, the cooperative movement will celebrate the 2023 International Day of Cooperatives. This year, cooperatives around the world will be united by the slogan Cooperatives for sustainable development. The International Cooperative Alliance (ICA), the global apex body representing cooperatives of which ICMIF is the sectoral body for insurance, says this day will be […]

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Folksam home insurance tops the consumer list

The Swedish Consumer Insurance Agency recently conducted an independent comparison of how Swedish non-life insurance companies work with sustainability in different areas. The comparison shows major differences between the companies and Swedish ICMIF member Folksam came out very well and is at the forefront in many areas of sustainability. The Swedish Consumers’ Insurance Bureau compared […]

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Royal London announces major new charity partnership with Cancer Research UK aimed at tackling cancer inequalities

ICMIF member Royal London, the UK’s largest life, pensions and investment mutual, has announced a new GBP 1.2 million charity partnership with Cancer Research UK tackling cancer inequalities. The partnership will fund research into hard-to-treat cancers and initiatives to improve the pathway to early diagnosis, as well as support programmes that increase cancer awareness in […]

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BCCM launches the Mutual Value Measurement framework in Europe

ICMIF member the Business Council of Co-operatives and Mutuals (BCCM, Australia) has formally launched its world-first framework that measures the value of cooperatives and mutuals in Europe. Mutual Value Measurement© (MVM), developed by the BCCM in conjunction with Melbourne’s Monash University Business School and Warwick University Business School was launched on Wednesday 24 May at […]

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NFU Mutual launches new parametric insurance to protect dairy farmers from heat stress losses

ICMIF member NFU Mutual (UK) is helping dairy farmers adapt to climate change by trialling a new type of parametric insurance which pays out in the event of increased hot weather which can cause heat stress in cattle which, in turn, can lead to reduced milk production.  The new cover operates on an index-driven model, […]

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