ICMIF member NTUC Income (Income) has this week launched the industry’s first micro investment-linked plan (ILP) on the SNACK by Income mobile app. Known as SNACK Investment, it adopts a “stackable” approach that allows consumers in Singapore to build their investment portfolios with bite-sized premiums while providing insurance coverage as they go about their daily […]
Read MoreGlobal reinsurers performed well in the first half of 2021, with a further expansion of their capital bases and strong headline underwriting results and ROEs. Underlying ROEs, while less strong, were nonetheless noticeably improved, according to the latest Reinsurance Market Report from ICMIF Supporting Member Willis Re. Total capital dedicated to the global reinsurance industry […]
Read MoreAhead of the Rendez-Vous de Septembre 2021, ICMIF’s Supporting Member Swiss Re has shared its view on the state of the market and possible implications for the renewals season. A key discussion point for re/insurers in the current environment will be heightened risks, driven by longer-term trends and their implications. Swiss Re says it expects […]
Read MoreEarlier this year, the ICMIF Foundation launched an appeal to ICMIF members asking them to support ICMIF member and ICMIF Foundation project partner the DHAN Foundation in its work supporting low-income communities in India during the Covid-19 pandemic. Since the launch of the appeal a number of member organisations have donated money to support the […]
Read MoreMutual insurers can differentiate through purpose-led strategies, member centricity, value creation and social responsibility says a new report from ICMIF Supporting Member EY. Following a review of the global mutual insurance market, the EY global insurance mutual market scan reveals what sets mutual and cooperative insurers apart from stock carriers. EY’s scan found that mutual […]
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