Global 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 […]
Read MoreGerman ICMIF member R+V Versicherung has received the prestigious Marken Award 2021 brand award for the best brand relaunch in 2021 for its “You are not alone” campaign. With its stance “Against egoism; for the community” and the claim “You are not alone”, the jury for the awards felt that R+V Versicherung had successfully repositioned […]
Read MoreSontiq, the provider of Intelligent Identity Security, has announced it was named the winner of a Gold Stevie Award in the International Expansion category of the 18th Annual International Business Awards (IBAs). The International Business Awards are the world’s premier business awards programme and this prestigious honour recognises the strength of Sontiq’s international expansion through […]
Read MoreThis week, ICMIF Supporting Member Willis Re published its latest assessment of global (re)insurers’ financial health. This short report summarises key themes emerging from global (re)insurers’ 2021 H1 results and has been prepared by Willis Re’s Strategic and Financial Analytics teams. The key takeaways from the report are: Continued favourable pricing, particularly for commercial lines […]
Read MoreCanadian ICMIF member The Mutual Fire Insurance Company of British Columbia has been recognised as one of the best insurance carriers in Canada, achieving a Five-Star rating in Insurance Business Canada’s sixth annual broker survey. Each year, Insurance Business Canada asks hundreds of insurance brokers from across the country how well insurance companies are meeting […]
Read More