Rating agency and ICMIF Supporting Member AM Best has announced a new risk management competition focused on mitigating natural and man-made catastrophe risk, the purpose of which is to provide college-level students with the opportunity to showcase their talents. AM Best’s Student Challenge, sponsored by the AM Best Foundation, asks undergraduate and graduate-level students, or […]
Read MoreCanadian ICMIF member Wawanesa has been in partnership with DAS Legal Protection Inc. (“DAS”) since the beginning of this year and this week an announcement has been made that the two organisations are expanding their partnership further. This expansion will enable Wawanesa to offer certain policyholders an important new source of legal advice and protection. […]
Read MoreAccording to the latest report on the top mobile services provided by insurance companies in Argentina by local benchmarking company TBI Unit, ICMIF members San Cristóbal and Sancor Seguros hold the top two positions in the country for the progress made in offering mobile and digital insurance services to customers. This is the first time […]
Read MoreICMIF member HUK-Coburg has been announced as the leading German insurer in terms of overall strength of brand in the recently published Markenmonitor Assekuranz 2020 (Brand monitor of insurers 2020), a market research report by consulting institute Heute und Morgen GmbH. The HUK-Coburg brand was ranked highly by German consumers for its brand reputation due […]
Read MoreFollowing rate improvements in many markets, and particularly in loss-affected segments, ICMIF Supporting Member Swiss Re says it expects further rate hardening across all lines of business. At the same time, the reliance on underwriting profits increases in the low interest rate environment. Swiss Re also expects more opportunities for (re)insurers due to a combination […]
Read MoreTotal 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 […]
Read MoreParaguayan 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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