Latest news from the sector

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

Vaudoise Assurances earns top customer satisfaction ratings in 2024

True to its customer-centric philosophy, ICMIF member Vaudoise Assurances (Switzerland) continues to solidify its reputation as a leading insurer, earning top ratings for customer satisfaction in 2024. Consistently recognised for its commitment to excellence, Vaudoise has once again climbed the ranks, securing a place among the most appreciated insurers in Switzerland according to comparison websites […]

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African Risk Capacity makes insurance payout to the Government of Malawi and UNHCR following the 2023/24 El Niño-driven drought

Earlier this month, African Risk Capacity (ARC) made an insurance payout to the Government of the Republic of Malawi and its Replica partner, the United Nations High Commissioner for Refugees (UNHCR), following the devastating 2023/24 El Niño-driven drought. The payout of just over USD 11.6 million will support immediate humanitarian efforts to address food insecurity […]

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Triunfo Seguros organises first National Congress on fraud in Argentina

To improve early detection of fraudulent practices in the insurance industry, ICMIF member Triunfo Seguros organised the first National Congress on Fraud Detection and Prevention in Argentina. The event, which took place on 22 and 23 July 2024 in Mendoza, was delivered by professional insurance specialists and was aimed at training staff, collaborators, law firms […]

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Co-operators responds to all-terrain vehicle fatality spike in rural Ontario

Following a drastic increase in all-terrain vehicle (ATV) fatalities in rural Ontario (Canada), ICMIF member Co-operators, a leading Canadian financial services cooperative, has announced a strategic collaboration with the Ontario Federation of All-Terrain Vehicle Clubs (OFATV). This partnership underscores Co-operators’ dedication to fostering safe and thriving communities, particularly in rural areas where ATV usage is […]

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Best’s Market Segment Report: Strong technical profits bolster momentum for global reinsurers

A market reset by global reinsurers designed to de-risk portfolios, realign relationships with primary carriers and improve pricing generated strong technical results for the segment in 2023, according to a new report from ICMIF Supporting Member AM Best. These efforts have included a much-needed shift away from high-frequency layers, the adoption of tighter contract wording, […]

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LB Forsikring is ‘Best in Breed’ for dog insurance

Reinforcing its reputation for quality and affordability across multiple insurance products, ICMIF member LB Forsikring, Denmark’s largest member-owned mutual insurance company, was presented the ‘Best in Test’ award recently by the Danish Consumer Council (ForbrugerrÃ¥det Tænk) for its dog insurance insurance cover. The Consumer Council tested dog insurance with 14 companies and emphasised that LB […]

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RAC soars to new sponsorship heights with Western Australia State’s rescue helicopters

It was announced this week that ICMIF member RAC (Australia) is continuing its long-standing sponsorship agreement with the Western Australia’s state emergency rescue helicopters. Emergency Services Minister Stephen Dawson announced RAC had won the contract for the exclusive naming rights – an arrangement that the RAC has held since shortly after the Emergency Rescue Helicopter […]

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La Segunda Seguros showcases its Innlab innovation programme at entrepreneur convention in Argentina

ICMIF member La Segunda Seguros (Argentina) has presented its open innovation programme for startups, Innlab, at the Experiencia Endeavor entrepreneurial convention held in Córdoba last month. On Tuesday 30 July, the Córdoba Convention Centre hosted the Experiencia Endeavor, a popular, large-scale event for entrepreneurs which offers a variety of proposals for attendees, including: inspirational talks […]

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Dina Försäkringar partners with healthcare provider Capio to offer sports injury advice for members

ICMIF member Dina Försäkringar (Sweden) has signed an agreement with healthcare provider Capio to be able to offer advice when customers with sports insurance suffer an injury as a result of their sport activities. Customers have been able to use the advisory service from the beginning of August 2024. “We have been offering sports insurance […]

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Peak Re recognised as Asian Reinsurer of the Year – Gold – and Franz-Josef Hahn is CEO of the year

ICMIF Supporting Member Peak Re has been recognised for excellence at the Insurance Asia Awards 2024 in two categories: Asian Reinsurer of the Year – Gold, and CEO of the Year for Franz-Josef Hahn. Peak Re says these prestigious awards underscore its commitment to innovation and agility in a year marked by economic uncertainties and […]

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