To support more children and youths in need in Singapore, ICMIF member NTUC Income (Income) is expanding the Income Family Micro-Insurance Scheme (IFMIS). The expansion, which came into effect on 1 July 2022, will see IFMIS extend insurance protection to about 54,000 eligible students in Singapore, up from over 46,500 students currently eligible for IFMIS […]
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Through its investment portfolios, Swedish ICMIF member Länsförsäkringar is a partner in several forestry companies. “Based on our ownership, we have calculated that the total, positive climate effect amounts to over 550,000 tonnes of carbon dioxide,” said Kristofer Dreiman, Head of Responsible Investments at Länsförsäkringar Liv. Länsförsäkringar believes that forest investments and raw forest materials […]
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On 2 July 2022, cooperatives all around the world will celebrate the 100th International Day of Cooperatives (#CoopsDay). A decade on from the UN International Year of Cooperatives, which showcased the unique contribution of cooperatives to making the world a better place, this year’s slogan –“Cooperatives Build a Better World” — echoes the theme of […]
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On 9 June 2022, a press conference was held at the headquarters of Nacional Seguros (Bolivia) to present Ayllu, a new insurance cover which will be launched soon for Bolivian migrants living in Argentina. Ayllu will be a first of its kind coverage designed to protect the Bolivian migrant community and ICMIF member Rio Uruguay […]
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Representatives from South African ICMIF member African Risk Capacity (ARC) and the African Development Bank presented a symbolic USD 5.3 million cheque to the Zambian Government, to aid in the country’s recovery from the extreme drought event during the 2021/2022 agriculture season. The payout is the result of drought insurance taken out by the Government […]
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The 10th anniversary edition of the SONAR report from ICMIF Supporting Member Swiss Re covers 14 emerging risk topics across technological, economic, social and environmental areas. Key findings in the report include: Trends in crypto assets are revolutionising the financial landscape, leading to new challenges for insurers Thawing permafrost and the struggle to feed a […]
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In recognition of Mental Health Awareness Week (9-15 May), ICMIF member and rural insurer, NFU Mutual recently offered employees the opportunity to attend a live webinar session run by The Wellbeing Project. The session, which took place on the 23 May, explored the meaning of mental wellbeing; common conditions and symptoms; how to recognise the […]
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In order to ratify the membership agreement of ICMIF member Grupo Asegurador La Segunda (Argentina) and the United Nations Global Compact, the Executive Director of Global Compact Argentina, Flavio Fuertes, visited the Group’s sustainable building and delivered the certificate of membership of the Compact to the Board of Directors. It was received by Isabel Larrea, […]
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Pension savers and policyholders of Swedish ICMIF member Folksam are investing approximately SEK 1 billion (USD 100 million) in the UN agency International Fund for Agricultural Development (IFAD) first-ever bond. The investment, where the Folksam Group is the only financier, will help reduce food shortages and increase growth in the world’s poorer countries; whilst also […]
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Canadian IMCIF member Beneva has announced it is expanding its group insurance health coverage by adding a new gender-affirming clause. To that effect, the mutual will now reimburse the eligible expenses of surgery performed by a doctor to change the sex characteristics so that they correspond to the person’s gender identity. “This new clause reflects […]
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