News

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We are delighted to announce that Peter Skinner, MEP and Rapporteur for the European Parliament for Solvency II and EIOPA and long-time member of the Economic and Monetary Affairs Committee (ECON), will join Jonathan Evans MP, in a lively debate… [READ MORE]

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The second volume of the Microinsurance Compendium has recently been published by the Microinsurance Innovation Facility (part of the International Labour Organisation – ILO) and the Munich Re Foundation. The latest Compendium examines recent developments and achievements in the microinsurance… [READ MORE]

Paddy Jago at ICMIF MORO 2012

ICMIF Supporting Member, Willis Re, the global insurance broker, has released a report discussing the challenges and opportunities available to mutual insurers through diversification. The report, subtitled Navigating the Pitfalls in Pursuit of Successful Diversification, examines, through discussion and the… [READ MORE]

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During the forthcoming Solvency II Solutions event for ICMIF members, Thursday, May 24, Invesco’s Chief Economist, Dr John Greenwood, will update delegates on his latest Economic Outlook and will expand on this to look at the potential impact on capital markets from… [READ MORE]

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Thrivent Financial for Lutherans is one of most recent organisations to join ICMIF. The organisation has just been recognised for its demonstrated leadership in ethical business practices by being selected as one of the “World’s Most Ethical Companies” for 2012… [READ MORE]

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ICMIF’s current strategy of working closely with key insurance media titles to highlight major issues affecting our members has continued with two more features appearing in a special report on Microinsurance and Mutuals in Insurance Day. Shaun Tarbuck, ICMIF CEO,… [READ MORE]

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One of the key topics at the forthcoming Solvency II Solutions event for ICMIF members, Thursday, May 24, will be how to manage insurance risk for profit under the new Solvency II regime. Typically over 60% of the Solvency Capital… [READ MORE]

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Today marks ICMIF’s 90th anniversary. On April, 25, 1922, 12 delegates from five insurance cooperatives met in the offices of the Lega Cooperativa in Rome. Mr Joseph Lemaire, Chief Executive of La Prévoyance Sociale in Belgium, had called the meeting… [READ MORE]

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The number of confirmed delegates for this year’s Meeting of Reinsurance Officials (MORO) has now reached 100. Delegates travelling to the event in Paris, May 2- 4, will be coming from countries all around the globe including Argentina, Australia, Canada,… [READ MORE]

Dr John Greenwood - Invesco JG

In December Dr John Greenwood, Chief Economist, Invesco, shared his Annual Economic Outlook with ICMIF members and posed three key questions: Will the US economy maintain its recent better performance? Will the Eurozone crisis be resolved in a timely and… [READ MORE]

Jonathan Evans

As you may know, during the last few months we have been collaborating with our Supporting Members – Willis Re, PartnerRe, Invesco, Risk Dynamics, A.M. Best and Clyde & Co to deliver a unique one day event in London, England… [READ MORE]

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As part of ICMIF’s recent strategy to profile key issues affecting its members in the trade media, ICMIF’s CFO and Senior Vice-President, Development Sabbir Patel was recently featured in the global insurance title, Insurance Day. In a wide-ranging article, published… [READ MORE]

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ICMIF’s South African member, the Professional Provident Society (PPS) has recently launched a series of high profile multimedia campaigns focussing on their mutual values. During February radio coverage and print advertisements (see images below) in key South African business publications… [READ MORE]

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The Swiss Parliament passed a bill this week which puts in place a mandatory earthquake insurance scheme for the country. Switzerland’s National Council, its lower parliamentary house, approved the bill this month. Switzerland’s upper parliamentary house had already approved the… [READ MORE]

PILIL wins Century Quality Award

Earlier this month, Prime Islami Life Insurance Limited (PILIL), an ICMIF member based in Bangladesh, travelled to Switzerland to receive a Century International Quality ERA Award in the Gold category for Quality Management. The presentation ceremony of the 2012 International… [READ MORE]

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This week, ICMIF member, The Co-operators announced more than CAD 250,000 worth of funding to 14 community-based organizations across Canada. The funding is provided through The Co-operators Foundation – Community Economic Development (CED) Fund, which supports community enterprises and initiatives… [READ MORE]

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The Solvency II Solutions Seminar is a new and unique one day event for ICMIF members. The event will provide expert solutions on how to gain maximum benefits from implementing Solvency II; how it can actively help you to streamline… [READ MORE]

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The Ownership Commission, set up by the UK Labour government in 2010, last week published a report on its findings on British business ownership. The Commission, chaired by Will Hutton, was initially set up to look into how employee and… [READ MORE]

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The need for Australia to have representation of cooperative and mutual businesses at a national level was a key topic discussed by cooperative business leaders recently when ICA President Dame Pauline Green toured the country in February. It is hoped… [READ MORE]

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ICMIF member Solidarity General Takaful, Bahrain, has announced the appointment of Youssef Al Kareh as the new CEO of the organisation. Solidarity General Takaful is a subsidiary of Solidarity Group Holding, one of the largest Takaful companies in the world.… [READ MORE]

Pauline Green

To coincide with International Women’s Day, celebrated both annually and globally on 8 March, the International Co-operative Alliance (ICA) asked ICMIF for help in producing a video celebrating this important day.  In the video Dame Pauline Green, the first female President… [READ MORE]

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Canadian ICMIF member The Co-operators have this week announced a commitment of $500,000 to a new campaign in support of international co-operative development. The announcement was made as The Co-operative Development Foundation (CDF) of Canada launched the “Build a Better… [READ MORE]

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ICMIF Supporting Member, A.M. Best has organised a webinar to take place on Thursday 8 March at 14.00H, (Eastern Standard Time). Participants in the webinar will discuss microinsurance and its growth in popularity in emerging markets and how it can… [READ MORE]

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The Global Development Co-operative (GDC) was launched on October 31, 2011 and over the course of 2012 (the International Year of Cooperatives) it aims to raise 50m USD to provide access to low cost loans for capital and infrastructure projects.… [READ MORE]

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ICMIF member, Ecclesiastical, has launched a national campaign to try to save thousands of churches across Britain from damage by criminals stealing lead from their roofs. The campaign ‘Hands Off Our Church Roofs’ aims to see sophisticated electronic alarm systems… [READ MORE]

ICMIF Americas

ICMIF’s Regional Association for the Americas (ICMIF/Americas) will celebrate its 20th Annual Conference at the NH City and Tower Hotel in Buenos Aires, Argentina from November 14-16, 2012. Hosted by the Argentine Association of Cooperative and Mutual Insurers, this two… [READ MORE]

Gerard-Andreck

The President of GEMA, Gérard Andreck, recently announced GEMA’s financial results for 2011 in which he highlighted that the GEMA mutuals have outperformed the overall French market last year in both property/casualty and life and savings. GEMA members saw a… [READ MORE]

Chateau Frontenac - image by Sabiec

Organisers of the Québec 2012 International Summit of Cooperatives have announced the first speakers for the summit this October. They include more than 20 esteemed speakers from around the world. Many distinguished speakers have also been confirmed for Imagine 2012,… [READ MORE]

David Neave

The British Prime Minister recently met with representatives from the UK insurance industry, the Association of British Insurers (ABI) and consumer and business groups to discuss the rising motor insurance premiums that many UK drivers are facing. There was a… [READ MORE]

Tan Suee Chieh, CEO of NTUC Income, speaking at the ICMIF Conference

In January of this year NTUC Income, Singapore insurer and ICMIF member, announced that it would make an exceptional payout of 15,000 USD under its Student Protection Plan to the family of a nine year old schoolchild, Lee Yu Heng. Sadly… [READ MORE]