ICMIF Supporting Member Aviva Investors, the asset manager of Aviva plc (‘Aviva’), has called for the creation of a global transition plan for finance at a new Bretton Woods conference in 2024 to reform the global financial architecture and mobilise private capital to avert a climatic catastrophe. Failure to do so would have unprecedented environmental, […]
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French ICMIF member the Aéma Groupe announced last month that it has officially joined the UN-convened Net-Zero Asset Owner Alliance (NZAOA); the Finance for Biodiversity Pledge (FFBP) initiative; and the Principles for Responsible Investment (PRI). These new commitments will help the Aéma Groupe reinforce its climate strategy through these strong and ambitious environmental commitments and […]
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ICMIF Supporting Member Guy Carpenter, has today announced the launch of MetaRisk® Live, a new tool that supports the structuring and optimisation of reinsurance strategies in real time. MetaRisk Live enables clients to evaluate instantly the impact of changes to their reinsurance structure, creating a dynamic process that supports a better understanding of buying decisions. Leveraging the power of Guy Carpenter’s […]
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Due in part to the lack of loss experience in the cyber market and in-depth understanding of cyber threat and behaviour, many cyber catastrophe models are still in their infancy. However, the choice of some market leading companies to incorporate the outputs into their capital modelling means that the market is entering a period of […]
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ICMIF Supporting Member AM Best will host its Europe Insurance Market & Methodology Briefings next week (Wednesday 9 November 2022) as an in-person event in London; and have just announced that attendees can now join virtually as it announces a hybrid format for the market and methodology briefing. Details of how to register for the […]
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Singaporean ICMIF member Income Insurance Ltd (Income) announced this week the launch of its micro-insurance franchise model on the company’s Insurance-as-a-Service (IaaS) platform, HIVE by Income, as it expands its footprint beyond Southeast Asia to Japan. ReMark, the digital solutions provider of global reinsurer, SCOR, is the first international partner to adopt Income’s micro-insurance franchise […]
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UK ICMIF member OneFamily has announced that it will be acquiring Beagle Street by the end of the year, in a deal that will see the mutual expanding its product range and the support it can give to its members. Beagle Street, part of BGL Insurance, specialises in affordable, simple to purchase life and critical […]
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At the end of last month, Co-op Insurance, one of UK’s leading provider of home insurance, announced that it will be one of the first three participating insurers for the new Amazon Insurance Store. By the end of the year, customers will be able to purchase Co-op Insurance policies on amazon.co.uk alongside products they may […]
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ICMIF members Halwell Mutual and The Commonwell Mutual were recently certified among the best workplaces in the Canadian insurance and financial service industry by Great Place to Work®, a global authority on workplace culture. The 2022 list of Best Workplaces™ in Financial Services and Insurance is based on direct feedback from employees of the hundreds […]
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This week, at its Centenary Conference being held in Rome (Italy), ICMIF launched the ICMIF Resiliency Benchmark which builds on the work set out from the Federation’s partnership with the United Nations Office for Disaster Risk Reduction (UNDRR) to embed disaster risk reduction (DRR) in mutual and cooperative insurance. In November 2019, the International Cooperative […]
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