This month, ICMIF member Sandbox Mutual Insurance (Canada) has introduced a new product line known as FarmSecure, announcing that it has expanded its farm products to include three protection bundles and three boxes. Sandbox Mutual Insurance says the concept of the protection bundles and “boxes” through the FarmSecure product range is a new comprehensive way […]
Read MoreEmerging Asia is expected to be the main contributor to global economic growth in the coming years, according to Swiss Re Institute’s latest sigma report. With the reopening of China’s economy this year leading to a recovery in demand, ICMIF Supporting Member Swiss Re forecasts emerging Asia to grow by 5.4% in 2023/24. Inflation remains […]
Read MoreAlejandro Simón, CEO of ICMIF member Grupo Sancor Seguros (Argentina) has been recognised as business leader of the year by the Argentinian Association of Business Leaders (ADE, Asociación Dirigentes de Empresas). Simón is also Vice-Chair of the ICMIF Board of Directors. This prestigious award is granted annually to those leaders who stand out in Argentina, […]
Read MoreThe International Cooperative and Mutual Insurance Federation (ICMIF) today announced that Shaun Tarbuck will retire from his current role as Chief Executive Officer in November 2024 after 28 years of service to the global Federation. It was also announced that Liz Green, Executive Vice-President, becomes CEO Designate with immediate effect and will formally take over […]
Read MoreThe broader market trends seen at 1 January continued at mid-year renewals, but with improved timing and concurrence around terms and conditions. While property pricing saw continued risk-adjusted rate increases in many segments, the average change moderated from 1 January, according to ICMIF Supporting Member Guy Carpenter. Additional capacity and increased appetite entered the property […]
Read MoreRenowned for its knowledge and expertise in the heritage sector, ICMIF member Ecclesiastical Insurance (UK) the specialist insurer is expanding its risk appetite to include businesses in more modern properties. Ecclesiastical says it will initially target four- and five-star hotels, fine-dining restaurants, gastropubs, and visitor attractions, with plans to expand to more customer groups in […]
Read MoreIn 2021, over 4,400 mutual insurers collectively wrote USD 1.42 trillion in insurance premiums, the highest level of premium volume ever recorded by the mutual sector, according to the International Cooperative and Mutual Insurance Federation’s latest Global Mutual Market Share report. ICMIF has today published the new Global Mutual Market Share 2023 report which reveals […]
Read More