On Saturday 3 July 2021, the International Day of Cooperatives (#CoopsDay) will be celebrated. The theme this year is “Rebuild better together”. Cooperatives around the world will showcase how they are meeting the COVID-19 pandemic crisis with solidarity and resilience and offering communities a people-centred and environmentally just recovery. More than one billion cooperators worldwide […]
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Danish ICMIF member LB Forsikring says that the DKK 8 billion that it has invested must, in future, be invested with even greater consideration for the climate, so that the member-owned insurance company, through its investments, does its part to limit the world’s CO2 emissions. This is the heart of the new climate strategy that […]
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ICMIF member NTUC Income (Income) is seeking to further consolidates its position as one of Singapore’s leading motor insurers by extending usage-based motor insurance (UBI) to electric vehicle (EVs) owners. Income says the UBI model not only makes motor insurance more flexible, affordable and accessible for EV owners, it also supports the company’s commitment to […]
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Co-op Insurance celebrates 15 years of carbon offsetting as Co-op Group launches new net zero target
ICMIF member Co-op Insurance (UK) is marking a sustainability milestone of 15 years of offsetting CO2 car emissions – over one million tonnes – at the same time as Co-op Group unveils an ambitious new climate change action plan which will see it achieve net zero status by 2040, 10 years ahead of the Government’s […]
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ICMIF member Royal London (UK) has committed to actions which it says will help protect customers’ standard of living and not just focus on product outcomes. Barry O’Dwyer, Group Chief Executive said: “Our population is living longer and, unlike previous generations, we must take responsibility for funding our later lives ourselves. This coincides with a […]
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Convinced that solidarity is the only viable solution to the ongoing Covid-19 crisis, ICMIF member MAIF (France) has taken exceptional measures from the start of the pandemic to help its members. As the gradual exit from the crisis began, MAIF has persevered and showed solidarity for the second year in a row. In March 2020, […]
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Mutual insurance companies were top ranked in terms of the highest customer satisfaction among auto insurers across all 11 regions of the USA in the J.D. Power 2021 U.S. Auto Insurance Study. The annual survey from global data and analytics company J.D. Power, now in its 22nd year, examines customer satisfaction in five factors (in […]
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Swedish ICMIF member Folksam has today announced that it has increased its ownership in steel producer SSAB. Its holding in SSAB now corresponds to 5.2 percent of the voting rights and 2.1 percent of the share capital. The additional investment was primarily made to take a more active role in supporting the company’s transition to […]
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ICMIF member Afa Försäkring and Alecta (Sweden’s largest private pension fund) announced recently that they have joined forces and invested in improved living conditions in developing countries, thus contributing to the achievement of the United Nation’s Sustainable Development Goals (SDGs) that have not advanced as much as might otherwise have been possible due to Covid-19. […]
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Canadian ICMIF member Beneva, the company created by the merger of La Capitale and SSQ Insurance, has contributed CAD 1 million to the Université Laval’s Faculty of Social Sciences for the creation of the Relief Research Chair in Mental Health, Self-Management, and Work, powered by Beneva, as part of a five year partnership. The COVID-19 […]
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