ICMIF Supporting Member Swiss Re has partnered with Singapore-based ICMIF member NTUC Income (Income) on the first longevity arrangement of its kind in Singapore. This partnership will help shield Income from future variations in its annuity book, by sharing with Swiss Re any future payments to annuitants who live beyond their age expectancy. The long-term […]
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ICMIF member Royal London (UK) announced last week that its customers will continue to share in the success of the mutual through an increase in its ProfitShare allocation. As part of the announcement of its annual results for 2021, Royal London said its ProfitShare allocation to 1.8 million eligible customers would increase by 15.8% to […]
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The United Nations Observance of International Women’s Day (IWD) will be held virtually on 8 March 2022 (10.00 am to 11.30 am EST) with the theme this year being “Gender equality today for a sustainable tomorrow”. According to the UN, the year 2022 is pivotal for achieving gender equality in the context of climate change, […]
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Swedish ICMIF member Folksam‘s President and CEO Ylva Wessén has been named the 20th most powerful woman in the business world in Sweden. Today, on International Women’s Day, Dagens Industri presented its annual list of the 125 most powerful women in business in Sweden. Speaking about the award, Ylva Wessén said: “I am of course […]
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Last year, CAMIC, a Canadian ICMIF member and association of mutual insurers in Canada, launched an appeal to its members to ask them to support Indian ICMIF member and ICMIF Foundation project partner the DHAN Foundation in its work supporting local communities during the COVID-19 pandemic. CAMIC members that have pledged their support to the […]
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As part of its strategic transformation to become a national insurer, Canadian ICMIF member Gore Mutual Insurance Company has introduced a refreshed brand identity to reflect this ambition and its purpose to provide Insurance that does good. Grounded in its purpose and guided by its core values, Gore Mutual believes that being good and doing […]
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Danish ICMIF member LB Forsikring announced today that it has expanded the coverage on contents and liability insurance to cover Ukrainian refugees who have moved in with one of the mutual insurer’s 412,000+ members. The hope is to give one less worry to those who have fled here from the war in Ukraine. “The terrible […]
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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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