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]
There are positives and negatives to both stockholder and mutual/cooperative insurers in terms of structure. Our current times, however, lend themselves ideally to the cooperative and mutual ethos with many people feeling like they “want to be there for their… [READ MORE]
A.M. Best, one of the ICMIF Supporting Members, has performed additional stress tests of the balance sheets of insurers’ exposure to eurozone debt as economic conditions within the region continue to worsen. Findings of these evaluations are discussed in the… [READ MORE]
The political and social unrest in the Middle East and North Africa (MENA) region will affect the insurance industries of each country to varying degrees, though the projected negative impact on premiums overall in the region is not expected to… [READ MORE]
In a recent interview with A.M. Best Shaun Tarbuck, ICMIF CEO, discusses key issues facing the mutual and cooperative sector including rapid growth and an ever changing regulatory environment. The interview is available now as a podcast. In conversation with… [READ MORE]
New Zealand’s insurance market is in a state of transformation as it grapples with prolonged earthquake activity and regulatory developments. The operating environment for the insurance and reinsurance industry has shifted dramatically in the wake of the Darfield and Christchurch… [READ MORE]
A.M. Best, one of the ICMIF Supporting Members, has been named Best Global Rating Agency at the Reactions Global Awards 2011 event on September 27 in New York City. Matthew Mosher, Senior Vice President of Ratings accepted the award. This… [READ MORE]
The Asia-Pacific region offers daunting challenges but lucrative rewards to non-life insurers competing in the region’s fast-growing economies. Wealthier populations fed by expanding industries are driving demand for insurance, but competition and mounting losses are making underwriting profits elusive. Meanwhile,… [READ MORE]
China’s insurance market continues to stand out, although companies need to build capital to keep up with the current pace of expansion and must continue to evolve. While other, more mature insurance markets are stagnating, total gross premiums written (GPW)… [READ MORE]
A.M. Best has published a report focusing on the reinsurance environment in the Middle East and North Africa (MENA) region. The report states that the market is stagnant in many aspects, yet it also contains many elements that are in… [READ MORE]
The European non-life insurance sector is approaching critical moments, with economic, regulatory and market forces set to severely test individual companies and the industry as a whole. Ongoing recession in many countries, volatile financial markets and the sovereign debt crisis… [READ MORE]
Hopeful signs are emerging for the global reinsurance industry after years of a soft market, weak investment returns, lukewarm investor interest and sluggish consolidation activity. The bottom line has been squeezed, and capacity has been dampened. Favourable loss-reserve development that… [READ MORE]
ICMIF Supporting Member, A.M. Best has published a new report which identifies the two countries of Jordan and Lebanon as the main emerging markets of the Levant region. It examines the drivers for insurance growth, challenges facing companies in the… [READ MORE]
ICMIF Supporting Member, A.M. Best has published a new report examining the performance of takaful operators in the Gulf Cooperation Council (GCC) and Malaysia compared to that of conventional insurers. The report is based on analysis of 131 takaful operators… [READ MORE]
A.M. Best has chosen to maintain its stable ratings outlook for the global non-life reinsurance industry as companies are beginning to see pressure in the market for rate increases. Following the Tohoku earthquake and tsunami in Japan, research has shown… [READ MORE]
A.M. Best have compiled a list of the world’s largest insurance companies by assets and premiums in which four mutuals have been named in the top 15. When ranked by premiums, Japan-based ICMIF member Zenkyoren featured at number seven on… [READ MORE]
“2010 ICMIF Board meetings”
