Latest news from the sector

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

R+V Versicherung launches internal fundraising campaign to support workers in aftermath of floods in Germany

Across many flooded villages in Germany, hundreds of people have recently lost their homes. In response to this disaster ICMIF member R+V Versicherung has declared that solidarity is the order of the day. Therefore the mutual insurer, together with the R+V STIFTUNG (R+V Foundation), has launched the “We help the helpers” fundraising campaign, in which […]

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Cornish Mutual rolls out hay fire prevention trial with Members

ICMIF member Cornish Mutual (UK) has strengthened its farm fire safety message with an innovative new trial. Farm fires can see lives lost and livelihoods ruined, so Cornish Mutual has launched a pilot to help its Members prevent fires. The latest efforts are aimed at combatting hay fires, which can start suddenly and cause huge […]

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Royal London research finds over half of consumers want their pension invested responsibly to help tackle climate change

New research from ICMIF member and mutual insurer and pension provider, Royal London, reveals more than half (57%) of consumers want their pension to be invested responsibly to help tackle climate change, with only one in ten (9%) saying they don’t want their pension invested responsibly. Despite this enthusiasm for responsible investment, only one in […]

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ICMIF members recognised in Argentinian national competition to combat fraud in the insurance industry

Argentinian ICMIF members Grupo Asegurador La Segunda, Río Uruguay Seguros (RUS), San Cristóbal Seguros and Seguros Rivadavia have each been recognised in the annual national competition to combat fraud in the insurance industry CESVI ARGENTINA, the Centre for Experimentation and Road Safety. CESVI ARGENTINA is a company dedicated to research, experimentation and analysis of road […]

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Achmea takes the next step towards climate-neutral business operations

Dutch ICMIF member Achmea is working towards climate-neutral business operations by 2030 and part of the cooperative insurer’s efforts will be making the office buildings energy-neutral. To underline this ambition, Achmea has signed the Dutch Green Building Council’s Paris Proof Commitment. With this commitment, Achmea will ensure that all existing and new buildings in its […]

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AM Best’s September Reinsurance Market Briefing will take place online

ICMIF Supporting Member AM Best‘s Reinsurance Market Briefing – Rendez-Vous de Septembre returns in a virtual format on Monday 13 September 2021. This annual event will feature AM Best senior executives and analysts from across the rating agency’s global offices presenting their insights and opinions on the state of the global reinsurance market. It will […]

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Amana Takaful Insurance extends support to local communities in mutuality and solidarity

ICMIF member Amana Takaful Insurance (Sri Lanka) has recently carried out several community initiatives in the spirit of upholding its core mission, commitment and responsibility towards mutuality and solidarity amidst the ongoing challenges of both the Covid-19 pandemic and recent monsoons in Sri Lanka. Staying true to what the insurer says is its very essence […]

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Swiss Re Institute publishes latest sigma report; forecasts record global insurance premium at USD 7 trillion by the end of 2022

The Swiss Re Institute has today published its annual world insurance premium publication sigma. The world insurance sigma report has been considered by many to be the premier source of insurance premium data since 1968. The report includes premium volumes by country, penetration rates, insurance density and key macroeconomic indicators. The report also contains in-depth […]

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AM Best details impact of ESG factors on recent (re)insurer rating actions

Environmental, social and governance (ESG) factors were considered the primary driver in 13% of AM Best’s global rating actions during the 12-month period ending in March 2021, according to a new report from ICMIF Supporting Member AM Best. The Best’s Special Report, Impact of ESG Factors on AM Best’s Rating Actions, notes that nearly three […]

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Gore Mutual announces new operating model for auto lines cover and launches national contact centre

Gore Mutual Insurance Company (Gore Mutual) has announced its new operating model for Ontario personal lines automobile and Individually Rated Commercial Auto (IRCA) insurance. The mutual insurer has taken the first step in its strategic transformation with the launch of its national contact centre, underpinned by industry-leading technology to enable brokers to provide their customers […]

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