Latest news from the sector

Read and share inspirational stories collected from across the ICMIF membership.

NTUC Income launches SNACK Investment, an industry-first Micro Investment-Linked Plan that integrates micro-investments into consumers’ everyday lives

ICMIF member NTUC Income (Income) has this week launched the industry’s first micro investment-linked plan (ILP) on the SNACK by Income mobile app. Known as SNACK Investment, it adopts a “stackable” approach that allows consumers in Singapore to build their investment portfolios with bite-sized premiums while providing insurance coverage as they go about their daily […]

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Zenkyoren announces ESG investment in nutrition bonds to support the SDGs

Japanese ICMIF member, Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives, President: Fumio Yanai), has announced that it has invested in the first “Nutrition Bond” issued by Corporacion Andina de Fomento (CAF), an international development bank which was established under an international agreement with various countries in Latin America. Zenkyoren says it is making this […]

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Securian Financial and Securian Asset Management sign Principles for Responsible Investment

Furthering their commitment to secure a sustainable future, ICMIF member Securian Financial (USA) and its subsidiary, Securian Asset Management, have signed the United Nations-supported Principles for Responsible Investment (PRI). PRI signatories are committed to including environmental, social and governance (ESG) factors in their investment decision making and ownership. More than 4,000 organisations worldwide—including 700 US […]

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Achmea to plant one million trees in reforestation programme

Over the next three years, cooperative insurer and ICMIF member Achmea (the Netherlands) will be planting about one million trees as a further step on its path to fully climate-neutral business operations by 2030. Working with Land Life Company, Achmea has started a multi-year reforestation programme which it says will offset the CO₂ emissions of […]

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Global reinsurance capital, profits, and ROE on the rise in H1: Willis Re

Global reinsurers performed well in the first half of 2021, with a further expansion of their capital bases and strong headline underwriting results and ROEs. Underlying ROEs, while less strong, were nonetheless noticeably improved, according to the latest Reinsurance Market Report from ICMIF Supporting Member Willis Re. Total capital dedicated to the global reinsurance industry […]

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Swiss Re sees growing demand for insurance protection, positive outlook for premiums

Ahead of the Rendez-Vous de Septembre 2021, ICMIF’s Supporting Member Swiss Re has shared its view on the state of the market and possible implications for the renewals season. A key discussion point for re/insurers in the current environment will be heightened risks, driven by longer-term trends and their implications. Swiss Re says it expects […]

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The ICMIF team lends its support to the ICMIF Foundation appeal to help India’s low-income communities affected by Covid-19

Earlier this year, the ICMIF Foundation launched an appeal to ICMIF members asking them to support ICMIF member and ICMIF Foundation project partner the DHAN Foundation in its work supporting low-income communities in India during the Covid-19 pandemic. Since the launch of the appeal a number of member organisations have donated money to support the […]

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Growth through differentiation: EY global insurance mutual market scan identifies four principles for mutual insurers

Mutual insurers can differentiate through purpose-led strategies, member centricity, value creation and social responsibility says a new report from ICMIF Supporting Member EY. Following a review of the global mutual insurance market, the EY global insurance mutual market scan reveals what sets mutual and cooperative insurers apart from stock carriers. EY’s scan found that mutual […]

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On the road to a driverless future as the RAC Intellibus® marks five years

Australian ICMIF member RAC and the City of South Perth have been celebrating the success of Australia’s first and longest-running public trial of driverless vehicles, with 31 August 2021 marking five years since the RAC Intellibus® started carrying passengers on public roads. On 31 August 2016, with support from the State Government and City of […]

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R+V Versicherung wins prestigious brand award 2021 for best brand relaunch

German ICMIF member R+V Versicherung has received the prestigious Marken Award 2021 brand award for the best brand relaunch in 2021 for its “You are not alone” campaign. With its stance “Against egoism; for the community” and the claim “You are not alone”, the jury for the awards felt that R+V Versicherung had successfully repositioned […]

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