The latest Insights article from ICMIF Supporting Member Peak Re, focuses on how rural insurance can support efforts towards a more balanced and inclusive development approach in emerging markets, giving rise to new risk landscapes that require a refocus of insurance on the needs and requirements of rural societies. Written by Clarence Wong, Chief Economist […]
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ICMIF member MAS (New Zealand) has been awarded the Consumer NZ People’s Choice Award for its house, car, and contents insurance – for a sixth consecutive year. The awards are based on Consumer NZ’s customer satisfaction surveys, conducted with their members and supporters. MAS topped the surveys by a large margin, with overall satisfaction scores […]
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Since the beginning of this year, Swedish ICMIF member Dina Försäkringar has provided insurance cover for motor insurance products offered by insurance intermediary Omocom. The intermediary distributes insurance solutions to various online motor sharing platforms in Sweden including Hygglo, Heap Carsharing and Blocket. “There is a rapidly growing range of sharing platforms for motor vehicles […]
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Swedish ICMIF member The Folksam Group has recently completed an investment of approximately SEK 3.8 billion in a green bond from the World Bank (International Bank for Reconstruction and Development, IBRD) aimed at financing sustainable development around the world. The Folksam Group is the sole investor in the bond, which will help support renewable energy, […]
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German ICMIF member R+V Versicherung is facing up to the challenges of climate change and has set itself the ambitious goal that its investment portfolio should be CO2-neutral by 2050. R+V Versicherung sees climate change as one of the key societal challenges and believes that the financial world can make an important contribution to the […]
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At the end of October 2021, Japanese ICMIF member Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives) was awarded the “Golden Order of Merit” by the Japanese Red Cross Society in recognition of its blood donation activities. These activities have been part of Zenkyoren’s community contribution activities for many years. The Golden Order of Merit […]
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ICMIF member Ecclesiastical Insurance Group’s Movement for Good awards have given a further GBP 200,000 to five charities across the UK to help them transform lives. After receiving GBP 10,000 from Ecclesiastical in 2021, five charities were chosen by a panel of judges to benefit from an additional GBP 40,000 each. Penhaligon’s Friends, based in […]
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Canadian ICMIF member The Commonwell Mutual Insurance Group (the Commonwell) believes that after nearly two years of COVID lock downs and restrictions, community support and locally-driven projects that foster learning, education and engagement have become more important than ever before. After seeing many such important local causes financially suffer during the Covid-19 pandemic, the Commonwell […]
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Italian ICMIF member UnipolSai Assicurazioni and Linear (an online insurance company within the Unipol Group) have started to offer the roadside assistance service within Pedius, an app that integrates very useful functions for deaf people and all those who find themselves unable, even temporarily, to communicate by voice. By accessing the Pedius app, the user […]
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With an insured loss estimate of USD 116 billion – 63% higher than the average – 2021 was the third largest insured loss from major natural catastrophes since 2011 according to the recently published Summary of Natural Catastrophe Events 2021 from ICMIF Supporting Member Gallagher Re. This was driven by a series of extreme weather-related events […]
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