Latest news from the sector

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

UNDRR and Climate Bonds begin an ambitious journey into climate resilience finance

Today, one of ICMIF’s partner organisations, the UN Office for Disaster Risk Reduction (UNDRR) and Climate Bonds Initiative (Climate Bonds) announced the launch of a new White Paper to guide the development of a taxonomy for adaptation and resilience finance investment. The announcement comes ahead of the Summit for a New Global Financing Pact in […]

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New Gallagher Re report examines evolving wildfire risks

In the 2023 US Wildfire State of the Market report, ICMIF Supporting Member Gallagher Re provides an analysis of the evolving risk factors that contribute to wildfire losses, and the resulting distressed insurance and reinsurance market dynamics for 2023. The report gives a rundown of last year’s wildfire season, as well as commentary on causes, […]

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ICMIF members GF Forsikring and LB Forsikring participate in key debates at Danish Democracy Festival Folkemødet

Folkemødet is the annual Danish Democracy Festival. Every year, the idyllic island of Bornholm is the home of the festival which is a platform for democratic dialogue between civil society, politicians, business, media, universities, and citizens at large. This also includes the participation of Danish ICMIF members GF Forsikring and LB Forsikring. Every year in […]

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Latest SONAR report from Swiss Re identifies new emerging risks including Arctic openings and malicious attacks on AI

From the opening-up of previously frozen waterways in the Arctic to hackers tampering with artificial intelligence, the emerging risk landscape is multi-faceted according to the 11th edition of the SONAR report from ICMIF Supporting Member Swiss Re. The report reveals that the threats on the horizon are developing as dynamically as the technological, geopolitical and […]

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CARD MBA in the Philippines and CIC Insurance Group in Kenya sign a memorandum of understanding to develop microinsurance initiatives in the two countries

On 1 June 2023, ICMIF members CARD Mutual Benefit Association (MBA), Inc., a member institution of the CARD Mutually Reinforcing Institutions (CARD MRI) in the Philippines and CIC Insurance Group (CIC, Kenya) signed a memorandum of understanding (MOU) at the CARD MBA Head Office, San Pablo City, Laguna (Philippines). The MOU aims to share knowledge […]

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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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