Latest news from the sector

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

Swiss Re’s 10th edition of its SONAR report scans the horizon for emerging risks

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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NFU Mutual supports staff and communities during Mental Health Awareness Week and beyond

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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La Segunda has reaffirmed its commitment to its membership of the United Nations Global Compact Argentina

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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Folksam Group invests SEK 1 billion to develop agriculture and reduce food shortages in the world’s poorer countries

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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During Pride Month Beneva announces its support for members undergoing a gender transition

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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R+V receives highest award of Corporate Brand of the Year at German Brand Awards 2022

“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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NTUC Income announces net-zero ambition by 2050 in inaugural sustainability report

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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Mutual insurers in Europe outperform the overall European market with record share of total market premiums

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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NFU Mutual becomes the first UK insurer to receive Carbon Literacy Bronze status

ICMIF member and rural insurer, NFU Mutual, is the first UK insurance company to receive Bronze accreditation from The Carbon Literacy Project. The Bronze accreditation follows the recent launch of the insurer’s net zero roadmap, which sets out a long-term plan to achieve net zero operations by 2050. By receiving the Bronze accreditation, The Carbon […]

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Dina Försäkringar and Landshypotek Bank deepen their collaboration to increase value for customers and increase market share

Swedish ICMIF member Dina Försäkringar and Landshypotek Bank have announced that they are deepening the collaboration between the two customer-owned companies. It is a collaboration that began in 2019. Thanks to the collaboration, more customers across Sweden will have the opportunity to have loans and insurance that are competitive, secure and simple. The two organisations […]

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