Latest news from the sector

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

Gallagher Re publishes Natural Catastrophe and Climate Report: First Half 2024

ICMIF Supporting Member Gallagher Re has published the H1 2024 Natural Catastrophe and Climate Report in which the global reinsurance broker and advisory firm summarises preliminary global loss totals and major catastrophe events that occurred during the first half of the year. According to the report, an active first half of 2024 (H1) for global […]

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New A4S report sets out economy-wide practical steps to accelerate the net-zero transition

The new report from ICMIF partner organisation Accounting for Sustainability (A4S), Accelerating the Transition: Assessing Progress and Driving Action, sets out economy-wide practical actions that it believes would accelerate the global transition to ensure a just, climate-resilient, net-zero world. The report outlines the current state of sustainability efforts, identifies barriers to progress, and proposes practical […]

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First speakers announced for the 2024 ICMIF Biennial Conference in Buenos Aires

ICMIF has announced the first batch of speakers for the 2024 ICMIF Biennial Conference, which takes place in Buenos Aires (Argentina) from 12-15 November 2024. The ICMIF Biennial Conference is the premier global gathering of 350+ mutual and cooperative insurance leaders from across the world and the event is regularly described as “a conference with […]

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African Risk Capacity Ltd. receives USD 27 million from the Dutch Government to help build Africa’s climate resilience

Last month, ICMIF member African Risk Capacity Ltd. (ARC Ltd.) received a USD 27 million contribution from the Dutch government to boost climate resilience in Africa. The funding will be channeled through the African Development Bank’s Africa Disaster Risk Financing Programme (ADRiFi) Multi-Donor Trust Fund. The Netherlands becomes the sixth contributor to the Fund, and […]

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Co-operators again ranked top insurance company among sustainability leaders in Canada

For the 15th consecutive year, Canadian ICMIF member Co-operators has been recognised by Corporate Knights for its ongoing efforts to catalyse a resilient and sustainable society. In the 2024 edition of the annual Best 50 Corporate Citizens ranking, Co-operators earned the highest ranking among insurers globally, ranked second in the financial sector globally, and was […]

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Royal London completes transfer of Aegon UK individual protection book

ICMIF member Royal London, announced yesterday that the Part VII transfer of the Aegon UK individual protection book had been formally approved by the courts in the UK. As a result of the acquisition, the life insurance, critical illness and income protection policies for nearly 400,000 customers have now transferred to Royal London. Carrie Johnson, […]

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New report confirms R+V Versicherung is on track in terms of its sustainability goals

According to the new sustainability report from German ICMIF member, R+V Versicherung, the cooperative insurer made significant progress in achieving its ambitious sustainability goals last year. The company published its 2023 sustainability report last week. As part of its sustainability strategy, R+V has set itself the goal of becoming one of the most sustainable companies […]

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Ömsen contributes to more sustainable society with installation of car charging stations at its office

ICMIF member Ömsen (Finland) has built four new charging stations outside the company office that can charge up to eight electric cars at the same time. Ömsen says the chargers are in use just in time for the summer tourist season. The charging posts have been installed just outside Ömsen’s office and there is room […]

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Sancor Seguros launches new advertising campaign for the Copa América football tournament

As official sponsor of the Argentine national football team, ICMIF member Sancor Seguros has launched a new advertising campaign for the Copa América, the football tournament organised by the South American Football Confederation (CONMEBOL) and which runs from 20 June to 14 July 2024. Through the campaign, Sancor Seguros reinforces its support for the “Scaloneta” […]

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IBISA raises USD 3 million to scale parametric insurance solutions, strengthening climate resilience across Asia and Africa

ICMIF member IBISA, a climate insurtech company, announced this week it has closed a USD 3 million funding round to scale its parametric insurance solutions for weather-related risks in Asia and Africa. The round was led by The Acumen Resilient Agriculture Fund (ARAF) and Equator, alongside the Asian Development Bank Ventures (ADBV) and existing investors […]

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