Latest news from the sector

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

NFU Mutual supports customers using private vehicles to deliver humanitarian aid for Ukraine and donates GBP 150,000 to DEC appeal

Today, ICMIF member NFU Mutual (UK) has announced a GBP 150,000 donation to support communities affected by the crisis in Ukraine. The emergency donation will be made through the NFU Mutual Charitable Trust, an independent charity set up to support charitable initiatives. The Trust will be making its donation to the UK Disasters Emergency Committee’s […]

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Ukraine war: R+V supports volunteers and refugees with non-contributory insurance cover and also donates EUR 800,000 to help victims

Desperate people are fleeing the war in Ukraine every day, and more and more are finding shelter in Germany. In response to this, German ICMIF member R+V Versicherung is supporting the volunteers who are working to help refugees and the refugees themselves with non-contributory insurance cover. The willingness to help amongst people in Germany is […]

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Swiss Re partners with NTUC Income on a first-in-market longevity arrangement to shield against future variation in Income’s annuity book

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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Royal London continues to share profits with customers

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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Women CEOs at ICMIF members lead the way in disaster risk reduction

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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Folksam President and CEO Ylva Wessén named 20th most powerful woman in Swedish business

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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DHAN Foundation and supporting CAMIC members brought together in first roundtable discussion

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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Insurance that does good: Gore Mutual launches refreshed brand identity for a purpose-driven, modern mutual

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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LB Forsikring expands contents and liability insurance to cover Ukrainian refugees who move in with a member policyholder

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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Latest Peak Re Insights: Insuring the next phase of rural development

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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