With construction well-underway, Canadian ICMIF member Co-operators’ new head office in Guelph, Ontario has earned Zero Carbon Building – Design Standard certification from the Canada Green Building Council (CAGBC). When it opens in the summer of 2024, the 226,000 sq. ft facility at 101 Cooper Drive in Guelph will feature an all-electric design that will […]
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Earlier this month, ICMIF Supporting Member EY published the 2023 edition of the annual EY Global Insurance Outlook (pdf). The key message of this latest Outlook is that insurers that harness innovation and transformation to deliver what customers want right now can thrive in the turbulent market ahead. Key findings are: An uncertain macroeconomic and […]
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The Vaudoise Group invests in new start up businesses to support online business and local economies
Swiss ICMIF member, the Vaudoise Insurance Group, is investing in the scale-up company NewCo, which assists entrepreneurs in the various stages of creating an online business. NewCo is already a leader in the field of LegalTech in French-speaking Switzerland and it wishes to expand across other parts of Switzerland, including German-speaking regions. Founded in 2020 […]
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South African ICMIF member African Risk Capacity Ltd (ARC Ltd) has once again earned the global insurance industry’s top overall environmental, social and governance (ESG) score from independent ESG research firm, Sustainalytics. ARC Ltd’s ESG score was calculated following an independent audit of the company’s business practices and policies. The evaluation is a comprehensive assessment […]
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Singapore ICMIF member Income Insurance Ltd (Income), has launched new marketing campaigns at the start of the year in order to amplify its purpose of putting “people first”. Income says the new “People first” campaign is not just a marketing amplification of a purpose but is mirrored in Income’s ethos, from the way its advisors […]
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ICMIF members have USD 759 bn of assets under management in investments which are aligned to sustainable investment frameworks, according to the ICMIF Members Sustainable Investment Report 2022 launched by the International Cooperative and Mutual Insurance Federation (ICMIF) today. The report’s data shows how the Federation’s members are collectively investing USD 759 billion in sustainable […]
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Last month, Canadian ICMIF member, Desjardins Group, announced a partnership with Export Development Canada (EDC) that will enable the organisation to launch a new sustainable financing offer for medium and large export companies. With this new product, Desjardins will grant up to CAD 1 billion over the next three years for projects that aim to […]
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From the beginning of this year, Swedish ICMIF member Folksam has entered partnerships with two national sporting associations – the Swedish Volleyball Federation and the Swedish Tennis Federation. From 1 January 2023, Folksam and the Swedish Volleyball Federation entered into a partnership that will see over 11,000 licensed players and children up to the age […]
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Sri Lankan ICMIF member Sanasa Insurance Company is taking part in a pilot programme to provide innovative insurance policies for farmers whose crops and property are often trampled by elephants. Elephants can stray onto farms and cause a lot of damage to crops and vegetation, which may also exacerbate any existing drought conditions. Human-wildlife conflict […]
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Members of Danish ICMIF member GF Forsikring, of which there are over 340,000, will have a good start to the new year. With more than DKK 260 million, the distribution of profits from GF Forsikring will ensure that the prices of members’ insurance policies do not skyrocket this year. “We have balanced the books, and […]
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