An interview with ICMIF’s CEO Designate Liz Green took the front cover of the September issue of AM Best’s monthly insurance magazine, Best’s Review. This month’s issue, with a focus on mutual insurance, speaks with mutual insurance leaders ahead of industry events. Mutual and cooperative insurers had about 26% of the world’s insurance market, representing about USD 1.41 trillion in premium income in 2022, according to ICMIF’s Global Mutual Market Share research.

In her interview, Liz discusses the state of the global mutual sector and the different opportunities for mutuals in the future. She anticipates the additional growth of insurers owned by policyholders amid an improving regulatory landscape and innovative approaches in emerging markets. Liz will formally take over as CEO of ICMIF in November 2024.

Read the full story in “ICMIF Executive Anticipates Microinsurers, Improving Regulatory Climate Boosting Mutuals Globally.”

The issue also featured an interview with Neil Alldredge, President and CEO of the National Association of Mutual Insurance Companies (NAMIC), an ICMIF member, who discusses how mutuals have tried to maintain strong community connections while they face decisions about rates and potential economic and regulatory pitfalls. Read the full story in “NAMIC Chief Executive Officer: Mutuals Strive To Maintain Mission, Identity Amid Economic Challenges.”

Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. The complete content of Best’s Review is available here.

AM Best is a Supporting Member of ICMIF and a silver sponsor of the upcoming ICMIF Biennial Conference in Buenos Aires (Argentina)