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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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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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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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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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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With the early start to the 2024 wildfire season, Canadian ICMIF member Gore Mutual Insurance has announced a partnership with Wildfire Defense Systems (WDS), the largest provider in North America of Qualified Insurance Resource wildfire loss intervention services. The aim of the partnership is to actively defend all Gore Mutual residential and commercial building policyholders […]
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ICMIF member Royal London, the UK’s largest mutual life, pensions and investment company, has this week announced that it paid 99% of all protection claims in 2023. According to the individual claims data published by the mutual, it paid out over 77,000 protection claims, totalling a record total of GBP 731m, which is GBP 100m […]
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ICMIF member Folksam (Sweden) is a customer-owned insurance company which shares its surplus with customers in the form of a refund and has recently announced an impressive refund of SEK 433 million to over 2.6 million of its customers. The refund is based on the premium paid in the previous year and the size of […]
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Danish ICMIF member LB Forsikring has announced that it will be sharing a loyalty discount of DKK 124 million (USD 18.07 million) with its members. The company says it believes that loyalty should be rewarded whenever possible, it is part of LB Forsikring’s DNA and therefore it is proud to announce the expected loyalty discount […]
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In a year marked by financial volatility and a worsening trend of climate-related events, the 2023 Integrated Annual Report from Canadian ICMIF member Co-operators highlights a need to develop and invest in collaborative, innovative solutions to the challenges faced by Canadians. While challenged by significant underwriting losses in its property and casualty line of business, […]
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