International Cooperative and Mutual Insurance Federation

Manchester, UK, 9 February 2017: The Achmea Foundation, a Netherlands-based member of the International Cooperative and Mutual Insurance Federation (ICMIF) has joined other ICMIF member organisations in supporting ICMIF’s 5-5-5 Mutual Microinsurance Strategy. Other organisations already contributing to the 5-5-5 project are The Co-operators, Canada and Länsförsäkringar AB, Sweden which are both providing financial support to Uplift Mutuals (the flagship programme of Uplift India Association).

ICMIF’s 5-5-5 Mutual Microinsurance...

Manchester, UK, Thursday 26 January 2017: Länsförsäkringar AB, Sweden, has announced its support for the International Cooperative and Mutual Insurance Federation's (ICMIF) 5-5-5 Mutual Microinsurance Strategy in India. This support will go towards assisting the Uplift Mutuals organization (the flagship programme of Uplift India Association) with its goal of providing health mutual aid to an additional half a million low-income people over the next five years.

Länsförsäkringar AB joins ICMIF’s Canadian member The Co-operators in the growing...

Manchester, UK, Monday 14 November: Record membership numbers boosted the aggregate premium income of members of the International Cooperative and Mutual Insurance Federation (ICMIF) in 2015, according to the Federation’s latest financial research.

The seventh edition of the ICMIF Members: Key Statistics report, an annual overview of ICMIF members’ collective financial performance, highlighted that members wrote a record level of premium income in 2015, collectively writing USD 307 billion in insurance premiums. Since 2007, members have grown their premium...

Manchester, UK, Thursday 10 November: The International Cooperative and Mutual Insurance Federation (ICMIF), has just published the latest edition of its Global Reputation Report, an exclusive report for ICMIF members. The findings in this report show a dramatic increase in the global visibility of the mutual and cooperative insurance sector since 2013 and a significant increase in the sector’s share of voice within high-profile content and conversation.  

As the only global representative body for the cooperative/mutual insurance sector, ICMIF has an...

Manchester, UK, Tuesday 25 October 2016: The International Cooperative and Mutual Insurance Federation (ICMIF) today announced that Hilde Vernaillen, Chair of the Management Committee, P&V Group (Belgium) will be the Federation’s new Chair.

The announcement comes after the ICMIF Board and Committee meetings took place in Nairobi, Kenya, on 19-21 October, hosted by ICMIF member CIC Insurance Group.

Hilde Vernaillen has been working in the financial services industry for more than twenty years and is a committed defender of the mutual/cooperative business...

Manchester, UK, Wednesday 12 October 2016: United Nations Secretary-General Ban Ki-moon this week announced the launch of a new platform for scaling up innovative finance solutions to support the achievement of the Sustainable Development Goals (SDGs) by 2030 at a meeting with high-level officials from ministries of finance and foreign affairs, together with leaders from major global financial institutions. The Financial Solutions for the Sustainable Development Goals meeting took place on Monday 10 October 2016 at the UN Headquarters, New York, USA. The...

Manchester, UK, Monday 10 October 2016: September 28th saw an ambitious insurance-led risk management strategy get the green light from the Insurance Development Forum (IDF). This first-of-its-kind collaborative effort spanning the United Nations (UN), the World Bank Group, and the insurance industry aims to promote economic recovery and resilience in vulnerable regions facing climate events and natural disasters.

This innovative public/private partnership is in line with the UN Agenda 2030 and will contribute to achieving the G7...

Manchester, UK, Thursday 22 September 2016: The percentage of women on the boards of directors of mutual and cooperative insurers rose to 20.6% in 2015, compared to an insurance industry average of just 17.8%*, according to the latest research published by the International Cooperative and Mutual Insurance Federation (ICMIF). This represents a significant growth for the mutual and cooperative sector over the previous 10 years, having increased from an average representation of women on boards of 14.3% in 2010 and almost doubled from 11.0% in 2005.

Corporate...

Manchester, UK, Monday 19 September 2016: B20 2016 Policy Recommendations presented to the G20 during the Hangzhou Summit, China (September 2016) included the recommendation to Leverage mutual insurance and microinsurance to protect less privileged people.

At the recent B20 Summit, 3-4 September 2016 in Hangzhou, China, the B20 Taskforces had the opportunity to present their recommendations, forged from meetings throughout 2016, to the G20 and other assembled parties. The principal...

Manchester, UK, Tuesday 2 August 2016: The mutual insurance market’s pleasing performance since the financial crisis suggests ‘permanent recovery’ for the sector according to Swiss Re’s latest sigma report.

The Swiss Re sigma report Mutual insurance in the 21st century: back to the future, published today, states that mutuals are enjoying a renewed period of relative popularity and that they have benefited from the financial crisis of 2007/8 as policyholders retreated from stock-based insurers.  The premium growth from 24...

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