Latest news from the sector

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

LähiTapiola is the first Finnish company to sign the UN Principles for Sustainable Insurance

ICMIF member LähiTapiola is the first Finnish company to sign the United Nations Environment Programme’s Principles for Sustainable Insurance Initiative (PSI), which support the implementation of the United Nations Sustainable Development Goals (SDGs) and the Paris Climate Agreement and provide an international framework for the development of responsible business. The principles emphasise the role of […]

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Royal London launches new social impact commitments to make a positive difference for customers and communities

ICMIF member Royal London (UK) has launched a new Social Impact Report, which details the mutual insurer’s approach to social impact, as well as its themes, commitments, and how these align to the United Nations Sustainable Development Goals (SDGs). As a member-owned and independent business, putting members and customers first is in Royal London’s DNA: […]

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MAIF freezes motor premiums for 2021 to support policyholders

The consequences of the ongoing coronavirus crisis continue to impact the French economy and many are forecasting that they will continue to do so into 2021, and therefore the purchasing power of the French people will be reduced. To support its members in this difficult period, ICMIF member MAIF has announced it will freeze its […]

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Mutual values help position Länsförsäkringar as one of Sweden’s most attractive employers for young people

ICMIF member Länsförsäkringar was the only insurance company to be listed as one of Sweden’s 100 most attractive employers for young professionals. The Swedish mutual insurer was ranked 35th overall in the Young Professional Attraction Index 2020 survey, which maps what appeals and attracts young people in their choice of employer. Länsförsäkringar was also ranked […]

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RAC unveils its new purpose, vision and mission to shape the organisation for the future and create a better Western Australia

Earlier this month, ICMIF member RAC (Australia) launched a new purpose, vision and mission, part of a wider transformation which will shape its future as an organisation, and guide its common goal for the greater good of over one million members. Since its foundation in 1905, the needs of its members and the Western Australian community have guided RAC WA (or the Royal Automobile Club of Western Australia). As a […]

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Two Japanese cooperatives donate tarpaulins in preparation for typhoons

Japanese ICMIF members, Kokumin Kyosai Co-op and JCIF (Japan CO-OP Insurance Consumers’ Co-operative Federation), have donated 13,200 blue tarpaulins to the National Governors’ Association in Japan on 17 August 2020. Large-scale typhoons frequently strike the Japanese Archipelago every year, especially during September and October. Those typhoons cause great damage to the materials used for household […]

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New Zealand first in the world to require climate risk reporting

New Zealand will be the first country in the world to require the financial sector to report on climate risks, the Minister for Climate Change James Shaw announced earlier this month. The announcement said that these changes build on the huge progress the New Zealand Government has made to tackle the climate crisis. “Today is […]

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The P&V Group provides EUR 1 million to support youth projects in Belgium

Belgian ICMIF member the P&V Group has provided a budget of EUR 1 million to support 66 associations in Belgium which help young people and to reduce the educational gap. The budget has enabled 1,300 socially vulnerable young people to receive a new computer and guidance to strengthen their digital skills. The budget will be […]

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Income extends COVID-19 support schemes to help clients stay insured

As a response to the ongoing COVID-19 pandemic and the resultant economic impact, ICMIF member Income (Singapore) has extended the application period for its various coronavirus support schemes to next year (2021) to so that customers who have fallen on hard times can continue to stay insured. Income says it understands that the lives and […]

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Desjardins Group makes first direct acquisition in green infrastructure in the US

Canadian ICMIF member Desjardins Financial Security and The Desjardins Group Pension Plan have partnered with Connor, Clark & Lunn Infrastructure to acquire a majority stake in a portfolio of US renewable power assets from EDP Renováveis (EDPR). EDPR has developed four wind farms currently in operation and one construction-stage solar farm. When all the farms are in […]

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