ICMIF member Thrivent (USA) has announced that it will pay an estimated USD 296 million in dividends in 2022 to clients who own eligible insurance products. Thrivent’s structure as a not-for-profit, fraternal benefit society allows it to return a portion of any surplus to eligible clients in the form of dividends. These are the result […]
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Canadian ICMIF member Promutuel Insurance announced this week that it is investing in Portage Ventures III, the third venture capital fund of Portage Ventures, intended to propel start-ups in the fields of financial technology (fintech), insurance (insurtech) and wealth management. This investment will allow Promutuel Insurance to be on the lookout for innovative and emerging […]
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Canadian cooperative Desjardins has this week announced it is investing CAD 3.2 million to support leading non-profit organisations in Canada in their attempts to achieve the recently announced United Nations (UN) and World Health Organization (WHO) target of preventing at least 50% of road traffic deaths and injuries by 2030. Desjardins says its aim is […]
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Benefact Group, which owns ICMIF member Ecclesiastical Insurance, has set an ambition to become the UK’s biggest corporate donor, after achieving its goal of giving more than GBP 100 million to good causes in the past five years. Earlier this month, it was announced that Ecclesiastical Insurance’s parent company had renamed as Benefact Group. The […]
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ICMIF Supporting Member Gallagher Re, the global reinsurance broker, and BitSight, a global provider of cybersecurity ratings, have recently announced a collaboration to integrate BitSight cybersecurity data with Gallagher Re’s reinsurance insights and analytics. The partnership will provide reinsurance clients with a holistic view of security performance and supply chain aggregation within their portfolios, giving […]
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Netherlands-based cooperative insurer and ICMIF member Univé is offering business customers a free Cyber Fit Service for one year with all business insurance policies. In doing so, the cooperative says it is going one step further to help its business members protect themselves against cybercrime. The training programme teaches freelancers, SMEs and their employees on […]
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ICMIF member PG Mutual (UK) and Blue Light Card have today announced they are partnering to protect the livelihoods of thousands of healthcare workers and their families. The partnership will offer Blue Light Card’s holder’s a 20% discount off their first two years’ premiums for comprehensive Income Protection Plus insurance provided by PG Mutual. In […]
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The global insurance-linked securities (ILS) market remains saddled with prior catastrophe losses, a decline in assets under management for some prominent ILS funds and a drop in the overall performance of ILS funds despite another year of a record catastrophe bond issuance, according to a new report from ICMIF Supporting Member AM Best. The Best’s […]
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ICMIF Supporting Member Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), has received two awards at Insurance Asset Risk’s UK & Europe Awards 2022, being recognised in the ‘Stewardship initiative of the Year’ and ‘Climate Mitigation Investment Initiative of the Year’ categories. In being presented with the ‘Climate Mitigation Investment Initiative of […]
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ICMIF member Länsförsäkringar has been announced as having the top ranking for the insurance industry in the Swedish Sustainable Brand Index™ 2022 results. This is the fifth time the mutual insurer has been in first position in this survey since 2011. Sustainable Brand Index™ is Europe’s largest independent brand study on sustainability, including over 1,500 […]
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