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The global mutual and cooperative insurance sector reached a record USD 1.61 trillion in premium income in 2024, outperforming the total global insurance market in terms of both annual and five-year premium growth.
The Global Mutual Market Share 2026 report, published by the International Cooperative and Mutual Insurance Federation (ICMIF), provides a comprehensive overview of the scale, performance, and
development of the global mutual and cooperative insurance sector. The report presents the latest insights into both the financial and non-financial characteristics of the sector, drawing on data from more
than 4,700 mutual and cooperative insurers across 80 countries and territories.
At a time when trust has never been more important, these findings reinforce the unique strengths of the mutual and cooperative model. Built on member ownership, long-term stewardship and service rather than shareholder returns, mutual insurers continue to deliver financial strength while creating lasting value for their members and communities.
As ICMIF prepares to welcome members to our Biennial Conference in Toronto under the theme Trusted to deliver, this year's report provides compelling evidence that the mutual sector continues to earn that trust through resilience, innovation and a steadfast commitment to its purpose.
Download the Global Mutual Market Share 2026 report to explore the latest global trends, market analysis and country-level data.
