In April 2024, ICMIF sent a survey to members with the intention of better understanding how and where mutual/cooperative insurers worldwide were implementing artificial intelligence (AI) technologies. The key findings from this survey have now been shared in a new publication ICMIF Members AI Report, which highlights the innovative ways our members are leveraging AI […]
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Earlier this month, on World Environment Day, Canadian ICMIF member Beneva unveiled a new video highlighting its impact statement on sustainability to the public. What is Beneva’s commitment? Beneva said it wants to invest in global wellness while accelerating a just transition towards a greener, more inclusive and resilient world. The mutual insurer says this […]
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According to the newly issued Best’s Market Segment Outlook from ICMIF Supporting Member AM Best, the global rating agency has revised its market segment outlook for the global reinsurance segment to positive from stable, citing robust profit margins along with higher attachment points and tighter terms and conditions that followed a period of drastic repricing. […]
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The world is facing multiple interconnected crises which bring about ever-more complex risks, according to the findings in the 12th SONAR emerging risk report from ICMIF Supporting Member Swiss Re. The report explores critical topics of the future to foster better understanding of new or changing risks, their interactions and dependencies. Patrick Raaflaub, Swiss Re […]
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ICMIF member Co-operators believes the trend of climate change in its home country of Canada is clear. The direct impact to communities puts them at the forefront of this challenge and alone, they aren’t equipped to endure the effects that are no longer far off, but right at their doorstep. As a result, Co-operators says […]
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On 6 July 2024, the cooperative sector around the world will celebrate the International Day of Cooperatives with the theme announced by the International Cooperative Alliance (ICA) of Cooperatives Build a Better Future for All. Cooperatives will take the opportunity on 6 July to showcase their current and historical contributions to building a sustainable future, […]
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Swedish ICMIF member Folksam has announced that it is providing comprehensive and affordable home insurance for tenants of a new apartment building which offers sustainable housing in the Farsta strand suburb of Stockholm. To do this, Folksam is working with Stockholms Stadsmission (Swedish City Mission) and the insurance cover is included in the rent to live […]
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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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