Latest news from the sector

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

Latest sigma: Insurers hit by USD 89 billion of losses from disasters in 2020

According to the latest sigma report from the Swiss Re Institute, insured losses from all of last year’s disaster events around the world were USD 89 billion which the Institute says is the fifth highest on sigma records. The report’s findings show that global insured losses from natural catastrophes were USD 81 billion in 2020 […]

Read More

LB Forsikring establishes new knowledge centre for injury prevention

A brand-new knowledge centre will help ICMIF member LB Forsikring, Denmark’s largest member-owned insurance community, find solutions that can help the company’s more than 400,000 members prevent injuries, damages or loss before they happen. The Knowledge Centre for Prevention is the name of LB Forsikring’s new initiative that will help the mutual insurer towards its […]

Read More

Gore Mutual enhances anti-fraud capabilities in underwriting and claims

ICMIF member Gore Mutual (Canada) is currently in the midst of an ambitious transformation programme that will take the organisation from a mid-size, regional carrier to a national scale insurer underpinned by best-in-class technology and operating models in only a few short years. As part of the company’s large-scale transformation, Gore Mutual seeks to further […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More
Scroll to Top