Latest news from the sector

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

Descartes launches new parametric flood-at-location product in the United States

Earlier this year, ICMIF Supporting Member Descartes launched an innovative parametric flood insurance product for commercial customers in the United States. Descartes, a global leader in corporate parametric insurance solutions for climate and emerging risks, became a Supporting Member in September 2025. The company’s new Flood-at-Location policy is designed to offer fast, transparent, and flexible […]

ARC Ltd. launches inclusive climate protection initiative, winning global innovation award

ICMIF member African Risk Capacity Limited (ARC Ltd.) has launched a new initiative designed to bring Shariah-compliant climate protection to millions of vulnerable people across Africa. Announced during the 7th Global Takaful and Re-Takaful Forum 2025 in Dubai, the new ARC Re-Takaful WAQF Facility (ARC ReTak) will enable communities and insurers in African Union Member […]

ICMIF welcomes sim2sustain as an Associate Member

ICMIF is pleased to announce that sim2sustain, the Swiss modeling and analytics sustainability consultancy behind the former ICMIF-calibrated Insurance SDG Calculator, developed in partnership with Swiss Re Institute and ICMIF, has joined the Federation as an Associate Member. Alicia Montoya, who led the initiative at Swiss Re, now at sim2sustain, helps ICMIF members quantify and […]

P&V Group recognised with award success for innovation and social impact

Belgian cooperative insurer and ICMIF member P&V Group has received four trophies at the 2025 Decavi Life Insurance Awards, recognising its innovation, prevention initiatives, and social commitment. The insurer won two awards for innovation in life insurance, one for its Free Supplementary Pension for the Self-Employed (PLCI) and another for its Vivium Selection investment insurance. […]

ICMIF members reported USD 238 billion in premium income in 2024

The International Cooperative and Mutual Insurance Federation (ICMIF) has published its ICMIF Members: Key Statistics Report 2025, revealing that its members achieved a combined USD 238 billion in premium income in 2024. The data, compiled from 220 member organisations across 54 countries, also shows total assets of USD 1.75 trillion held across the membership. In […]

Desjardins launches new cyber risk insurance to help SMEs build digital resilience

ICMIF member Desjardins Insurance (Canada) has launched CyberSuite Plus, an enhanced insurance solution designed to help small and medium-sized enterprises (SMEs) manage growing cybersecurity and fraud risks. With digital threats on the rise, Desjardins says this new product responds to a pressing need among businesses that often lack dedicated cybersecurity resources. According to Statistics Canada, […]

Folksam named new insurance partner for the Swedish Handball Federation

Swedish ICMIF member Folksam has announced a new partnership with the Swedish Handball Federation (Svenska Handbollförbundet, SHF). As of 1 October 2025, Folksam has become the official insurance partner for SHF, providing accident insurance for all licensed handball players in clubs affiliated with the Federation. Through this new collaboration, the Swedish Handball Federation joins a […]

OneFamily launches menopause café to promote open conversations and employee wellbeing

As part of World Menopause Awareness Month this October, UK-based ICMIF member OneFamily will be hosting its first Menopause Café on Tuesday 14 October to encourage open discussion and understanding of the menopause in the workplace. The event, which will be held at OneFamily’s Brighton office, will aim to provide a respectful and confidential space […]

AM Best to host Europe Insurance Market and Methodology Briefings this November

On 6 November, ICMIF Supporting Member AM Best will host its 2025 Europe Insurance Market & Methodology Briefings in London (UK), bringing together senior insurance professionals, analysts, and industry leaders for a full day of market insight, ratings expertise, and networking. The event offers delegates, including a warm welcome for ICMIF members, the chance to […]

Red River Mutual turns 150 celebrating community & partnerships

Canadian ICMIF member Red River Mutual, one of the oldest mutual insurance companies in the province of Manitoba, is celebrating a remarkable milestone this year: 150 years in business. Their story When Mennonite newcomers arrived in Manitoba’s Pembina Valley in 1875, they built farms from the ground up — without financial protection, and at great […]

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