Latest news from the sector

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

MAIF launches its Socially Responsible Retirement Savings Plan

Eager to offer its members investment support consistent with its raison d’être, French mutual and ICMIF member MAIF has this week announced the launch of a new product: the Socially Responsible Retirement Savings Plan. This retirement savings plan, the first on the market to be classed as a 100% socially responsible investment (SRI), expands MAIF’s […]

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Ecclesiastical launches fundraising hub to help UK charities raise vital funds

To support charities in the UK during these challenging times, specialist insurer and ICMIF member Ecclesiastical has developed a fundraising hub with a range of resources to help charities raise vital funds. The mutual insurer says the surge in demand for services during the pandemic, coupled with loss of funding, has put a financial strain […]

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Willis Re measures modest 3% decline in global reinsurance capital in the first half of 2020; COVID-19 “not a capital event”

Total capital dedicated to the global reinsurance industry was USD 587 billion at 30 June 2020, reflecting a 3% decline since year-end 2019, according to the latest Reinsurance Market Report from ICMIF’s Supporting Member Willis Re. The half-year figure masks an approximate fall of 30% up to late-March, says the report, following the impact of […]

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Panal Seguros implements new video technology in the underwriting of motor policies

Paraguayan ICMIF member Panal Seguros is now offering a remote, video assessment of motor vehicles for both new insurance policies and renewals. Inspections of customers’ vehicles can now be carried out via a video-operating system on smartphones. The mutual insurer has launched this new innovation to provide customers with enhanced service and customer experience without […]

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La Vaudoise is number one in customer satisfaction and best employer

ICMIF member La Vaudoise (Switzerland) has been recognised as number one in customer satisfaction and as best employer 2020 in the “insurance” category. Now in its 125th anniversary year, La Vaudoise was recently awarded first place in two satisfaction surveys carried out by Swiss comparison websites: for household/public liability insurance from bonus.ch; and motor and […]

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Folksam is a co-investor in the Swedish government’s first green bond

Swedish ICMIF member Folksam has today announced it is investing SEK 474 million in the Swedish government’s first green bond. This is a green bond that will contribute to Sweden’s environmental and climate goals through climate investments, railway maintenance and by protecting nature. The state’s first green bond is worth SEK 20 billion and has […]

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NTUC Income expands its Family Micro-Insurance Scheme

ICMIF member NTUC Income (Income) in Singapore has announced the expansion of the Income Family Micro-Insurance Scheme (IFMIS) to include eligible low-income families with a child or ward who is studying in a local secondary school, certain specialised schools or a pre-university institution and receiving assistance under the Ministry of Education Financial Assistance Scheme (MOE […]

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Securian Financial signs A4S Net Zero Statement of Support

ICMIF member Securian Financial (USA) has this week announced that it has signed the Accounting for Sustainability (A4S) Net Zero Statement of Support — joining 46 organisations worldwide in committing to publish a detailed pathway to net zero emissions. The company says it expects to publish a plan on its website in early 2021. Securian Financial […]

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Aviva Investors scores highly across 2020 UN PRI assessment reports

ICMIF Supporting Member Aviva Investors has been awarded ‘A+’ and ‘A’ ratings by the United Nations Principles for Responsible Investment (PRI), the world’s leading proponent of responsible investing, as part of the organisation’s 2020 Assessment Reports for signatories. Maintaining its previous year’s leading scores in its response to the 2020 Annual United Nations Principles for […]

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New Zealand mutual FMG wins two national awards for most satisfied customers in home and car insurance

ICMIF member FMG (New Zealand) has won two Canstar Most Satisfied Customers Awards 2020, for Car Insurance and Home and Contents Insurance. The mutual insurer beat all other insurers in the New Zealand market to win these two awards for customer satisfaction.   This year was FMG’s first appearance in the car insurance category, and its second appearance in the home and contents category as it won the Most Satisfied Customers Awards for home and contents insurance in 2019 […]

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