The Mutual Factor 2024, released today by the National Association of Mutual Insurance Companies (NAMIC) and Aon, details US mutual property/casualty insurers’ financial resilience in the face of multiple market challenges in this “New Era of Risk”. NAMIC and Aon released the seventh annual Mutual Factor report today during the association’s 129th Annual Convention in […]
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An interview with ICMIF’s CEO Designate Liz Green took the front cover of the September issue of AM Best’s monthly insurance magazine, Best’s Review. This month’s issue, with a focus on mutual insurance, speaks with mutual insurance leaders ahead of industry events. Mutual and cooperative insurers had about 26% of the world’s insurance market, representing […]
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Since 2014, clients of ICMIF member Thrivent have raised more than USD 1.9 billion in funds for local communities across the USA. Through Thrivent Action Teams, an industry-leading volunteer programme, Thrivent’s clients are given the funding, tools, and resources they need to advance the causes most important to them and their communities. Over the past […]
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ICMIF member Gore Mutual has launched its new telematics programme, Drive Good, in Ontario (Canada), allowing drivers to earn personalised discounts and rewards based on their driving habits. The programme, which went live on Monday 31 July, features a fully digital experience, managed through a smartphone app that provides real-time feedback to improve road safety. […]
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In August, Dutch financial services group Achmea, released the latest update on its ambitious Climate Transition Plan. This update, published alongside Achmea’s half-year results, reflects the company’s ongoing commitment to combat climate change as part of the Dutch financial sector’s Climate Commitment. The Climate Transition Plan update highlights the progress Achmea is making towards its […]
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Ahead of this week’s Rendez-Vous de Septembre in Monte Carlo, ICMIF Supporting Member Gallagher Re released its Reinsurance Market Report for the first half of 2024 (H1 2024). The report delivers a comprehensive analysis of the capital and profitability of the global reinsurance industry, based on the Gallagher Reinsurance Index group of companies. Key findings […]
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As the insurance industry convened in Monte Carlo at the start of the renewals at the Rendez-Vous de Septembre, ICMIF Supporting Member Swiss Re announced that it expected growing demand for reinsurance protection to be a key topic of discussion. The global resinsurer also predicted conversation would revolve around forward-looking risk assessment and capital management […]
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In a recent update, ICMIF Supporting Member Guy Carpenter said it believes the reinsurance market to be characterised by reinsurers’ strong profitability in 2024 and growing capitalisation, which the global risk and reinsurance specialist expects to continue into 2025. Examining the current data on the reinsurance market’s capital positions, Guy Carpenter and another of ICMIF’s […]
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The International Cooperative and Mutual Insurance Federation (ICMIF) has announced four keynote speakers for its forthcoming Biennial Conference which will take place in Buenos Aires (Argentina) from 12-15 November 2025. Most of the speakers for the event have now been added to the agenda on the Conference website. The theme for this year’s Conference is […]
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ICMIF member, Onderlinge s’-Gravenhage (Netherlands), takes pride in being a customer-centric insurance company, particularly catering to those over the age of 50. In line with its commitment to inclusivity, it recently announced that its website is now digitally accessible to everyone. In December last year, the Dutch mutual life insurer launched its newly revamped website. […]
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