ICMIF member African Risk Capacity Limited (ARC Ltd, South Africa) has appointed one of ICMIF’s Supporting Members, Gallagher Re, the global reinsurance broking and advisory firm, as its reinsurance broker and risk advisor. ARC Ltd is a specialist insurance company which provides parametric insurance cover to African countries against climate and disaster risk. Speaking about […]
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Sustainable action is a matter of course for German ICMIF member R+V Versicherung. The cooperative insurer has announced this week that it has joined the Net-Zero Asset Owner Alliance – a global alliance of the some of the largest pension funds and insurers which are committed to a climate-neutral investment policy. R+V says its responsible […]
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French ICMIF member MAIF and its subsidiaries MAIF Solutions financières, Altima Assurances, SMACL Assurances and MAIF VIE, have created national support framework agreements with the French Ministry of the Interior and Overseas Territories to encourage the mobilisation of salaried volunteer firefighters, and to ease the conditions for employees across the mutual organisations to take up […]
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ICMIF member FMG (Farmers Mutual Group), has been busy settling claims and making emergency payments following the recent extreme weather conditions experienced in New Zealand. FMG’s CEO Adam Heath (pictured) has been reassuring members and clients that the mutual insurer can handle the aftermath of Cyclone Gabrielle and the wider North Island storms. Speaking last […]
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ICMIF Supporting Member Gallagher Re has published its Reinsurance market report for the full-year 2022. The report provides in-depth analysis of the size and performance of the reinsurance industry, based on the Gallagher Reinsurance Index group of companies. Key findings of the 2022 Reinsurance market report are: Global reinsurance dedicated capital totalled USD 638bn at […]
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Last month, Swedish ICMIF member Folksam announced it had been ranked as the most sustainable brand in the insurance category and KPA Pension, which is part of the Folksam Group, has won the pension company category for the twelfth year in a row in the Sustainable Brand Index for 2022. The Sustainable Brand Index is […]
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ICMIF member Royal London, the UK’s largest life, pensions, and investment mutual, has announced this week that it has reached an agreement with Aegon UK to acquire its individual protection line of business, subject to court approval. As a result of the acquisition, the life insurance, critical illness and income protection policies for over 400,000 […]
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Almost 9,000 companies that have trade credit insurance with German ICMIF member R+V Versicherung (R+V) can look forward to a premium refund this year. Thanks to fewer claims and a growing customer base, the cooperative insurer is paying these policyholders the record sum of EUR 24 million this year. This particular refund by R+V is […]
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Last year, ICMIF member Simplyhealth (UK) announced the launch of its Venture Capital fund, Simplyhealth Ventures and so far this year, it has shared details of the first two investments for 2023. Last month, Simplyhealth announced it had invested in PocDoc, an app-based technology platform that uses proprietary lateral flow tests and cloud-based AI diagnostics […]
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ICMIF member NFU Mutual (UK) has been named as the only Which? Recommended Provider for home insurance in 2023, with the consumer champion calling the rural insurer the nation’s best home insurance provider. To find the best home insurers in the UK, Which? surveyed thousands of customers and analysed 78 policies. “Providers that are rated […]
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