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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Asia Affinity Holdings and RightIndem strike an alliance to provide digital claims solutions in Asia
ICMIF member Asia Affinity Holdings, one of Asia’s leading providers of Financial Services, digital empowerment and service innovation solutions for the SME and small community sectors, has this week announced the launch of a partnership and business alliance with RightIndem to further validate and extend its global drive towards integrated digital claims processing solutions. Building […]
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Last month, ICMIF Supporting Member EY hosted a virtual event that explored key areas of differentiation for mutuals to help them drive growth and create value. EY’s recent Global Mutual Market Scan and discussions with mutual insurers highlight opportunities for mutuals to drive long-term value, differentiate and scale growth, and create a new mutual operating […]
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ICMIF member RÃo Uruguay Seguros has launched a unique new insurance cover that will allow access to comprehensive health services for transgender people in Argentina, mainly during the transition process. RÃo Uruguay Seguros (RUS) cooperative devised the project to launch the first health insurance for transgender people with the aim of providing access to treatments […]
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ICMIF member Surco Seguros (Uruguay) was recently recognised by Great Places to Work (GPTW) Uruguay for the quality of its organisational culture. Silvana Tachini, Head of Human Resources at the cooperative insurer says that achieving the certification is a recognition that makes everyone at the organisation very happy. Tachini says: “It comes at a particular […]
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As the COVID-19 crisis continues to play a defining role in the lives of millions of people across the world, Swiss Re’s SONAR 2021: New Emerging Risks Insights identifies the threats that Swiss Re believes will shape the future post-COVID-19 risk landscape. These emerging risks range from the unintended consequences of government interventions through to […]
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Argentinian ICMIF member Sancor Seguros has launched a corporate venture capital fund to invest in insurtech, fintech and healthtech in Latin America. The new venture fund, Sancor Seguros Ventures, will invest USD 10 million in tickets of up to USD 500,000 in a portfolio of 12 startups, mainly in Latin America, covering global needs that […]
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In his closing remarks to the Insurance Development Forum (IDF) Summit, which was held on Monday 7 and Tuesday 8 June 2021, UN Secretary-General António Guterres told participants: “We are in a race against time to adapt to a rapidly changing climate. Today, we are at 1.2°C of warming and already witnessing unprecedented climate extremes […]
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