Mutual and cooperative insurers remain a critical pillar of the global insurance industry, offering vital protections to individuals, families, businesses and communities around the world. Mutuals will only become more important as new risks emerge, presenting more potentially severe threats. Mutuals can also provide leadership as the industry is increasingly challenged to balance profitability with its noble purpose of providing protection.

This report covers the findings of EY’s most recent research into the global mutual insurance sector, conducted in partnership with the International Cooperative and Mutual Insurance Federation (ICMIF). Beyond the snapshot view of the current mutual insurance landscape, the following pages highlight megatrends and major business drivers shaping the market today.

Those forces include…