Canadian ICMIF member CAMIC is partnering with the ICMIF Foundation to support its project with the DHAN Foundation to support building resilience through access to mutual microinsurance for low-income communities in rural parts of India which have been recently devastated by the second wave of COVID-19. CAMIC is pleased to announce that Co-operators has shown […]
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The Government of the Federal Republic of Germany announced last week, on the margins of the United Nations Climate Change Conference (COP26), the sum of EUR 18million to subsidise the cost of disaster risk insurance for qualifying African Risk Capacity (ARC) Group Member States. In her statement, the Parliamentary State Secretary to the Federal Ministry […]
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At COP26 this week, Swedish ICMIF member, Folksam has announced an SEK 1.5 billion investment in developing countries’ climate change and climate adaptation, in collaboration with the European Investment Bank and the Allianz Group. The UN Secretary-General highlighted the Net-Zero Asset Owner Alliance, of which Folksam is one of the founding members, as the “Gold […]
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During COP26 – UN Climate Change Conference’s Finance day (Wednesday 3 November), MARI Oceans, part of ICMIF member the Asia Affinity Group, was featured at the COP Resilience Hub, where a select group of start-ups in emerging markets were able to showcase their innovative adaptation and resilience solutions. MARI voiced the benefits of seaweed for […]
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Swedish ICMIF member Länsförsäkringar AB has announced this week that it has adopted a new climate goal within the framework of its climate-smart vision. The climate goal means that the mutual insurer’s own investment portfolios* and funds must be climate-positive by 2045. Fredrik Bergström (pictured), CEO of Länsförsäkringar AB says: “The goal means that we […]
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ICMIF and members join call for policymakers and Governments to ‘Turn Talk into Action’ at COP26
This week (2 November 2021), UK-based insurer Aviva has placed a one-page advertorial in the Financial Times (FT) which challenges policymakers and Governments to ‘Turn Talk into Action’ at COP26. Thanks to ICMIF’s collaboration with Aviva Investors (a Supporting Member of ICMIF) and also the Federation’s involvement with the International Panel for Climate Finance (IPCF) […]
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In the lead up to COP26, UK-based specialist insurer and ICMIF member Ecclesiastical has been encouraging brokers to speak to their education clients about managing climate change risks as new research* reveals three quarters (76%) of UK school leaders believe their school is unprepared for the climate emergency. The UN’s IPCC 2021 report warned that […]
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“A unique collaboration” is how Dutch ICMIF member Univé along with partners, cooperative banking group Rabobank and green energy supplier Greenchoice, describe the ambitious plans to take a big step together in the area of sustainable energy in the Netherlands. The goal is to remove harmful asbestos roofs from farms and other business premises, replacing […]
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The Business Council of Co-operatives and Mutuals (BCCM) today called for the Australian cooperative sector to be included in national resilience and recovery planning after their vital contribution to rebuilding communities affected by the 2019/20 bushfires. Just on two years since the outbreak of the deadly fire season, a report released earlier this month by […]
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African Risk Capacity is the first African company to join UN-convened Net-Zero Asset Owner Alliance
ICMIF member African Risk Capacity (ARC) Limited is the first African company to join the UN-convened Net-Zero Asset Owner Alliance. The Net-Zero Asset Owner Alliance was established in 2019 by eight of the world’s leading insurers and reinsurers and is a historic commitment to transition insurance portfolios to net-zero greenhouse gas (GHG) emissions by 2050. […]
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