Latest news from the sector

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

R+V Versicherung rewards members with EUR 10 million premium refund

ICMIF member R+V Versicherung (Germany) has announced the transfer of around EUR 10 million to its Membership Plus customers as a premium refund. Membership is rewarded according to the cooperative insurer. Around 273,000 R+V customers enjoyed a premium refund in March. Anyone who is a member of the cooperative can become part of the R+V […]

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The Co-operators recognised on Women Lead Here benchmark of executive gender diversity

Canadian ICMIF member The Co-operators has announced that it has earned a spot on the 2021 Report on Business Women Lead Here list, an annual editorial benchmark to identify best-in-class executive gender diversity in corporate Canada. Established in 2020 by Report on Business magazine, the Women Lead Here initiative applies a proprietary research methodology to […]

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Royal London shares GBP 146 million of profits with customers

ICMIF member Royal London (UK) has announced that it will share GBP 146 million with eligible customers through its ProfitShare allocation. Each year, Royal London aims to boost its customers’ retirement savings by adding a share of its profits to their plans. Despite the impacts of the pandemic, Royal London was able to demonstrate its […]

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Simplyhealth gains Carbon Neutral + status

ICMIF member Simplyhealth, a provider of health plans across the UK, has achieved Carbon Neutral + status from March 2021 for 12 months with Carbon Footprint Ltd. The status was achieved by cutting carbon emissions and then offsetting the remaining emissions whilst supporting three international energy efficiency projects aimed at helping communities in other parts […]

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New Länsförsäkringar research project on artificial intelligence as a tool in responsible investment

How can artificial intelligence, AI, contribute to the work of responsible investment? That was the main question when ICMIF member Länsförsäkringar’s Research Fund (Länsförsäkringar Forskningsfond) started its research project “ESG prediction”. The research examines how AI could be used as a tool to handle unstructured sustainability information and contribute to the investment process within Länsförsäkringar […]

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Ecclesiastical supports churches in the UK with new Trust130 scheme

ICMIF member Ecclesiastical Insurance (UK) has announced that it is once again supporting churches across the UK with the launch of its new Trust130 campaign. From funding accessibility improvements to supporting foodbanks, thousands of churches across the UK have benefited from grants raised by Ecclesiastical customers as part of its Trust130 scheme. The campaign was […]

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Swiss Re announces ambitious climate targets; accelerates race to net zero

ICMIF Supporting Member Swiss Re has this week announced new measures to support the transition to a net-zero economy, encompassing both asset management and underwriting as well as its own operations. Swiss Re’s Group Chief Executive Officer Christian Mumenthaler said: “Climate change remains the biggest challenge we face as a society. The stakes are high […]

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The Prince’s Accounting for Sustainability Project (A4S) invites ICMIF member CFOs to nominate senior team members to join the A4S Academy

The Prince’s Accounting for Sustainability Project (A4S) was established by The Prince of Wales in 2004 with the aim of inspiring action by finance leaders to drive a fundamental shift towards resilient business models and a sustainable economy. A4S and ICMIF formed a partnership in 2019 which was founded on shared values and shared purpose […]

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The Sancor Seguros Group Foundation joins forces with UNESCO to promote cooperative education in Latin America

Fundación Grupo Sancor Seguros, the Foundation arm of ICMIF member the Sancor Seguros Group (Argentina) and the UNESCO Office in Montevideo have signed a cooperation agreement to strengthen cooperative education in schools in Latin America. Having recognised the mutual interest in joint actions to promote cooperative education in Latin America, the Fundación Grupo Sancor Seguros […]

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AM Best becomes signatory to the United Nations Environment Programme (UNEP) FI Principles for Sustainable Insurance (PSI)

ICMIF Supporting Member AM Best has today announced that it has become a signatory of the United Nations Environment Programme (UNEP) FI Principles for Sustainable Insurance (PSI). AM Best says it believes the insurance industry plays an important role in supporting sustainable economic and social development. In addition, management of environmental, social and governance (ESG) […]

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