Latest news from the sector

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

AM Best revises outlook for global reinsurance industry to positive with publication of new market segment outlook

According to the newly issued Best’s Market Segment Outlook from ICMIF Supporting Member AM Best, the global rating agency has revised its market segment outlook for the global reinsurance segment to positive from stable, citing robust profit margins along with higher attachment points and tighter terms and conditions that followed a period of drastic repricing. […]

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New SONAR report from Swiss Re explores cascading effects of natural disasters and other key emerging risks

The world is facing multiple interconnected crises which bring about ever-more complex risks, according to the findings in the 12th SONAR emerging risk report from ICMIF Supporting Member Swiss Re. The report explores critical topics of the future to foster better understanding of new or changing risks, their interactions and dependencies. Patrick Raaflaub, Swiss Re […]

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Co-operators reinforces its commitment to community resilience with new property insurance coverage

ICMIF member Co-operators believes the trend of climate change in its home country of Canada is clear. The direct impact to communities puts them at the forefront of this challenge and alone, they aren’t equipped to endure the effects that are no longer far off, but right at their doorstep. As a result, Co-operators says […]

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“Cooperatives Build a Better Future for All” announced as theme for 2024 International Day of Cooperatives

On 6 July 2024, the cooperative sector around the world will celebrate the International Day of Cooperatives with the theme announced by the International Cooperative Alliance (ICA) of Cooperatives Build a Better Future for All. Cooperatives will take the opportunity on 6 July to showcase their current and historical contributions to building a sustainable future, […]

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Folksam partners with Swedish City Mission to provide insurance cover for cooperative housing projects

Swedish ICMIF member Folksam has announced that it is providing comprehensive and affordable home insurance for tenants of a new apartment building which offers sustainable housing in the Farsta strand suburb of Stockholm. To do this, Folksam is working with Stockholms Stadsmission (Swedish City Mission) and the insurance cover is included in the rent to live […]

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An ever-growing impact for the P&V Group in Belgium with a record 1 million members

Cooperative insurer and ICMIF member, the P&V Group (Belgium), is consolidating its solvency margin to achieve its growth ambitions and offer protection to an increasing to a growing number of people The P&V Group says it is remaining true to its mission of offering protection to as many people as possible, as it celebrates having […]

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ICMIF publishes its 2024 ranking of the world’s 500 largest mutual and cooperative insurers: The Global 500

The 500 largest mutual and cooperative insurance companies* in the world, in terms of premium income, have once again been ranked by the International Cooperative and Mutual Insurance Federation (ICMIF) in the latest edition of its  Global 500 report. ICMIF members represented a record 81 organisations in the list of Global 500 companies this year, compared […]

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MAIF adopts two new responsible investment strategies

ICMIF member MAIF (France) has announced it is strengthening its responsible investment policy with the adoption of two new strategies: a biodiversity component to complement its climate strategy and reinforce its action to support nature, and a social component to reflect the MAIF Group’s policy in favour of inclusion and equal opportunities. An investor committed […]

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LB Forsikring invites new member groups into its community

Danish ICMIF member LB Forsikring has announced that it is ready to open up to new member groups with the goal of strengthening its relationship and community with a wider range of professional groups. Following the announcement, all employees in the Danish defence services and all academics can now take out insurance with LB Forsikring. […]

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Promutuel Insurance recognised for its employee experience

ICMIF member Promutuel Insurance (Canada) has recently announced that it had ranked in the top 60 for employee experience, and at 3rd place among the 1,000 employees and more companies in the latest Officevibe surveys. Officevibe’s programme recognises companies that provide an outstanding employee experience. Promutuel Insurance has used innovative programmes and a people-centred approach […]

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