To improve early detection of fraudulent practices in the insurance industry, ICMIF member Triunfo Seguros organised the first National Congress on Fraud Detection and Prevention in Argentina. The event, which took place on 22 and 23 July 2024 in Mendoza, was delivered by professional insurance specialists and was aimed at training staff, collaborators, law firms […]
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Following a drastic increase in all-terrain vehicle (ATV) fatalities in rural Ontario (Canada), ICMIF member Co-operators, a leading Canadian financial services cooperative, has announced a strategic collaboration with the Ontario Federation of All-Terrain Vehicle Clubs (OFATV). This partnership underscores Co-operators’ dedication to fostering safe and thriving communities, particularly in rural areas where ATV usage is […]
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A market reset by global reinsurers designed to de-risk portfolios, realign relationships with primary carriers and improve pricing generated strong technical results for the segment in 2023, according to a new report from ICMIF Supporting Member AM Best. These efforts have included a much-needed shift away from high-frequency layers, the adoption of tighter contract wording, […]
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Reinforcing its reputation for quality and affordability across multiple insurance products, ICMIF member LB Forsikring, Denmark’s largest member-owned mutual insurance company, was presented the ‘Best in Test’ award recently by the Danish Consumer Council (Forbrugerrådet Tænk) for its dog insurance insurance cover. The Consumer Council tested dog insurance with 14 companies and emphasised that LB […]
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It was announced this week that ICMIF member RAC (Australia) is continuing its long-standing sponsorship agreement with the Western Australia’s state emergency rescue helicopters. Emergency Services Minister Stephen Dawson announced RAC had won the contract for the exclusive naming rights – an arrangement that the RAC has held since shortly after the Emergency Rescue Helicopter […]
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La Segunda Seguros showcases its Innlab innovation programme at entrepreneur convention in Argentina
ICMIF member La Segunda Seguros (Argentina) has presented its open innovation programme for startups, Innlab, at the Experiencia Endeavor entrepreneurial convention held in Córdoba last month. On Tuesday 30 July, the Córdoba Convention Centre hosted the Experiencia Endeavor, a popular, large-scale event for entrepreneurs which offers a variety of proposals for attendees, including: inspirational talks […]
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ICMIF member Dina Försäkringar (Sweden) has signed an agreement with healthcare provider Capio to be able to offer advice when customers with sports insurance suffer an injury as a result of their sport activities. Customers have been able to use the advisory service from the beginning of August 2024. “We have been offering sports insurance […]
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ICMIF Supporting Member Peak Re has been recognised for excellence at the Insurance Asia Awards 2024 in two categories: Asian Reinsurer of the Year – Gold, and CEO of the Year for Franz-Josef Hahn. Peak Re says these prestigious awards underscore its commitment to innovation and agility in a year marked by economic uncertainties and […]
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Despite geopolitical tensions and higher inflation that have led to economic concern in recent years, the latest annual World Insurance sigma report from the Swiss Re Institute finds that the global economy has remained remarkably resilient, setting the scene for growth and improved profitability across the insurance industry. Jérôme Haegeli, Group Chief Economist at ICMIF […]
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Earlier this month, it was announced that Japanese ICMIF member Zenkyoren, National Mutual Insurance Federation of Agricultural Cooperatives has invested USD 50 million in the first nutrition bond to be issued by the International Fund for Agricultural Development (IFAD), under its Sustainable Development Finance Framework. The bond will support IFAD’s investments in rural development programmes, […]
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