Dutch ICMIF member Achmea yesterday announced the issuance of a new senior bond. This bond will be used to refinance a senior unsecured bond of EUR 750 million that matures in November 2020. Achmea published its annual figures on 12 March and reported a solvency ratio of 219% and liquidity of EUR 732 million. In […]
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Swedish ICMIF member Länsförsäkringar’s Research Fund is funding a new research study at Uppsala University to investigate children and young people’s views on the Covid-19 situation. The study will look at those who are aged 4-18 years old. According to the Research Fund, many children and young people feel anxious and are touched by the issue, but […]
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During a recent ICMIF webinar on “New business models for the mutual of the future“, Lauri Saraste, Director at ICMIF member LocalTapiola (Finland) spoke of the many initiatives that his organisation had undertaken to try to help members and communities in Finland during the COVID-19 pandemic. Before going on to describe some of the initiatives, Saraste said: “Finland is […]
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ICMIF member Coopenae (Costa Rica) is helping its members address any problems they face due to the coronavirus (COVID-19) situation, through a range of initiatives and in particular a website launched specifically to help its members with issues around finances during the pandemic. The recently launched Coopenae coronavirus website has video tutorials to help members know how to carry […]
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During the ongoing COVID-19 pandemic, three Canadian ICMIF members have responded with initiatives to provide assistance to their member policyholders and to support local communities and healthcare providers. Trillium Mutual announced last week that it will be donating CAD 100,000 to support mental health initiatives and programs that are directly helping farmers and rural communities across […]
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Canadian ICMIF member The Commonwell Mutual Insurance Group has this week announced the introduction of “Pay It Forward” – an innovative initiative developed in response to the COVID-19 pandemic. Every member is to be sent CAD 100 as part of the organisation’s COVID-19 Member Response Plan giving a total payment of CAD 8.4 million. “We are proud […]
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Argentinian ICMIF member Seguros Rivadavia has joined the fight trying to combat the pandemic generated by COVID-19 with various solidarity actions through its Raúl Vázquez Foundation, allocating donations of more than ARS 2 million to the cause. Of the various donations made by Seguros Rivadavia, two important contributions stand out, the first was to the San Roque […]
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Canadian ICMIF member The Co-operators last week announced CAD 200,000 in funding to support Canadians who are most vulnerable and impacted by COVID-19. This contribution is in addition to the financial services cooperative’s annual campaign that in 2019 raised over CAD 675,000 through employee and corporate contributions. The CAD 200,000 will be distributed to 28 local United Way […]
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UK-based ICMIF member Ecclesiastical Insurance Group which offers specialist services in insurance, investment management, broking and advisory businesses in the UK, Ireland, Canada and Australia, has joined more than 250 firms globally in making the public commitment to tackle the effects of the Coronavirus (COVID-19) pandemic. Launched by former Cabinet Minister Rt Hon Justine Greening and entrepreneur […]
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ICMIF member The National Association of Mutual Insurance Companies (NAMIC), the trade association for the US mutual property/casualty insurance sector, has compiled a list of over 35 member stories of responses to COVID-19 from mutual insurance companies. The majority of responses compiled by NAMIC (as of 14 April 2020) involve US mutual insurers offering premium relief to personal auto […]
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