Latest news from the sector

Read and share inspirational stories collected from across the ICMIF membership.

AM Best’s Market Segment Special Report: global reinsurers see more stable and improved results

According to a new report by ICMIF Supporting Member AM Best, increased losses from not only natural catastrophe events, but from so-called secondary perils as well, along with the pandemic impacts and economic uncertainty, many global reinsurance companies have shifted their business mix into casualty and specialty primary lines where pricing movement is still positive. […]

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Gallagher Re publishes Global InsurTech Report for Q2 2022

ICMIF Supporting Member Gallagher Re has published its Global InsurTech Report for Q2 2022. The report follows on this year’s theme of ‘Geographic Trends and Regional Idiosyncrasies’, with a specific look at the EMEA region through an InsurTech lens. In addition to profiling various InsurTech businesses, clients and individuals, this report provides the readership with […]

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ICMIF launches EUR 10,000 Young Scholar Award: now open for submissions

The International Cooperative and Mutual Insurance Federation (ICMIF) has established a new bursary award of EUR 10,000 for the most promising young scholar (under 35 years of age) in the field of mutual and cooperative insurance. This is in conjunction with the forthcoming Mutual Insurance Conference (MIC) organised by the Mutual Research Network and taking […]

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EY announces enhancement of its Insurance Industry Cloud for SAP solutions to help insurance organisations accelerate digital transformation

ICMIF Supporting Member EY has enhanced their EY Insurance Industry Cloud for SAP solutions offering to help insurance organisations around the world accelerate their digital transformation. Combining the vast insurance industry knowledge and experience of EY teams with the SAP Business Technology Platform (SAP BTP), the offering provides organisations with innovative solutions to help them […]

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Shelter Insurance recognised for disability workplace inclusion and equality

US ICMIF member Shelter Insurance has been recognised as a “Best Place to Work for Disability Inclusion”, earning a score of 80 on the 2022 Disability Equality Index (DEI), the world’s most comprehensive benchmarking tool for the Fortune 1000 and Am Law 200 to measure disability workplace inclusion against competitors. By taking the DEI , […]

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Ecclesiastical offers advice and support for schools looking to improve their sustainability

According to recently published new research from ICMIF member and specialist insurer Ecclesiastical (UK), a survey of 112 independent school bursars across England and Wales highlighted that ‘becoming more sustainable’ is a priority. Three quarters (74%) agree that a carbon reduction programme will be part of their school’s marketing material for current and prospective parents. […]

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African Risk Capacity hosts regional meeting to address the role insurance has in fighting climate change

ICMIF member, African Risk Capacity Limited (ARC) has the potential to transform how Africa deals with climate-change induced events, such as droughts and cyclones. Representatives from African governments, humanitarian partners and donors have met in Malawi this week to discuss how parametric insurance delivered through ARC can do this. This is the second such meeting […]

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CivicRisk Mutual assists with recovery after devastating floods in Australia

As a result of recent floods in New South Wales (NSW, Australia), ICMIF member CivicRisk Mutual has been hard at work. The mutual, which provides property protection to 26 local authorities in NSW, stepped in to ensure council buildings and community centres were repaired. “In the case of our regional councils we provide water and […]

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Swiss Re awarded Silver status in Stonewall’s Global Workplace Equality Index and placed among Top Global Employers for 2022

ICMIF Supporting Member Swiss Re has been awarded the Silver status in Stonewall’s Global Workplace Equality Index. Stonewall’s Top Global Employers list recognises organisations for their efforts and commitment to creating welcoming and inclusive environments for their LGBTI+* employees. Swiss Re says it embraces and is building a diverse workforce that brings together the best […]

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Folksam donates SEK 1 million to support agriculture in developing countries

Swedish ICMIF member Folksam, is donating SEK 1 million to the aid organisation We Effect. We Effect is an organisation that aims to create sustainable agriculture, reduce environmental and climate impact, fight poverty, and much more. The organisation is being affected by the Swedish government’s reallocation of development assistance and now projects and collaborations that […]

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