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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“With its clear and courageous position against racism, hatred and verbal violence as well as its commitment in times of crisis, (ICMIF Member) R+V Versicherung proves its brand promise in a contemporary, tangible and credible way,” said the jury of the German Brand Awards competition, explaining its choice of R+V as winner of the award […]
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Singapore-based ICMIF member NTUC Income (Income) launched its first Sustainability Report, “Because We Are Made for Purpose”, earlier this month. The report outlines Income’s sustainability vision to empower better financial well-being by embedding environmental, social and governance (ESG) considerations across its business. It also taps into opportunities to achieve operational resilience, as well as address […]
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The share of the total European insurance market held by mutual and cooperative insurers has increased to a record high of 33.4%, according to the International Cooperative and Mutual Insurance Federation’s latest Mutual Market Share report, marking a 9.2 percentage-point increase from the first available market share figure (24.2%) recorded in 2007. ICMIF’s European Mutual […]
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