ICMIF member Royal London, the UK’s largest mutual life, pensions and investment company, has this week announced that it paid 99% of all protection claims in 2023. According to the individual claims data published by the mutual, it paid out over 77,000 protection claims, totalling a record total of GBP 731m, which is GBP 100m […]
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ICMIF member Folksam (Sweden) is a customer-owned insurance company which shares its surplus with customers in the form of a refund and has recently announced an impressive refund of SEK 433 million to over 2.6 million of its customers. The refund is based on the premium paid in the previous year and the size of […]
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Danish ICMIF member LB Forsikring has announced that it will be sharing a loyalty discount of DKK 124 million (USD 18.07 million) with its members. The company says it believes that loyalty should be rewarded whenever possible, it is part of LB Forsikring’s DNA and therefore it is proud to announce the expected loyalty discount […]
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In a year marked by financial volatility and a worsening trend of climate-related events, the 2023 Integrated Annual Report from Canadian ICMIF member Co-operators highlights a need to develop and invest in collaborative, innovative solutions to the challenges faced by Canadians. While challenged by significant underwriting losses in its property and casualty line of business, […]
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Canadian ICMIF member, The Commonwell Mutual Insurance Group, Ontario’s largest farm mutual, has once again reaffirmed its commitment to giving back to the communities it serves through its ‘SEEDit’ programme. As of Wednesday 1 May 2024, the Commonwell invited people across Ontario to register for vouchers to use in garden centres to buy seeds and […]
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According to ICMIF member Achmea (Netherlands), we all like to talk about what needs to change: that we want to do something for each other and for our planet. More vegetarian food. Take the train more often. No more texting while driving. Lending a hand and volunteering at school, in a nursing home or refugee […]
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Last month, Danish ICMIF member GF Forsikring published its annual report for 2023 with the good news that members will once again benefit from a profit distribution of more than DKK 215 million and also avoid extraordinary price increases for the second year in a row. This, says GF Forsikring, is despite 2023 being a […]
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German ICMIF member HUK-COBURG and the German Initiative for Safe Roads (Initiative für sichere Straßen GmbH) have announced the signing of a cooperation agreement. From now on, HUK-COBURG will supply anonymised driving data from its telematics tariff to the Road Safety Initiative in Bonn. The aim is to use data analysis to identify potential danger […]
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ICMIF member Grupo San Cristóbal (Argentina), an insurance and financial services company with more than 80 years of experience, has recently obtained the Great Place to Work certification for the quality of the culture achieved in the organisation. The company received its first globally recognised and trusted one-year certification badge. The results were obtained from […]
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On 29 April 2024, ICMIF member Vaudoise Assurances Holding SA (Switzerland) acquired 100% of the share capital of Prevanto SA, which advises on public and private pension funds in Switzerland. This acquisition follows that of Pittet Associés SA, a consulting firm for pension funds and insurance companies, in 2019, which was subsequently joined by SwissLife […]
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