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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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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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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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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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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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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The RUS Accelerator is promoted by ICMIF member Río Uruguay Seguros (RUS, Argentina), Digital Insurance LatAm and the Insurtech Community Hub in order to contribute to the development of startups and insurtechs in Latin America and Europe that offer innovative solutions for the insurance market. This year’s call for proposals has the support of the […]
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Italian ICMIF member, the Unipol Group, and UnipolSai Assicurazioni Spa, are working hard to support the victims of the floods last week in the Emilia Romagna region of Italy. UnipolSai has launched a structured and integrated plan of interventions to try to help people affected by the recent floods that occurred in Emilia Romagna, with […]
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ICMIF member LocalTapiola Life (Finland) has made a donation of EUR 50,000 to the Finnish Paralympic Committee’s fundraising programme which helps children and young people with special needs to take part in sports and hobby activities. The sum will be allocated to the Paralympic Committee’s “Valtti” programme, which provides support people who accompany children and young […]
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With the launch of its Integrated Annual Report, Purpose built for a better future, this month, Canadian ICMIF member Co-operators reported a 2022 net income after tax of CAD 309 million, and a return on members’ equity of 8.5%, a strong financial performance by the insurer and financial services cooperative in a year marked by […]
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