Latest news from the sector

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

Aviva Investors wins three insurance investment awards

Earlier this month it was announced that ICMIF Supporting Member, Aviva Investors, had won three industry awards for the work of its insurance asset management business, which creates and manages outcome-oriented asset management strategies for global insurers. Aviva Investors is the global asset management business of Aviva plc (‘Aviva’) and joined ICMIF in December last year. […]

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Panal Seguros celebrates 17 years of member trust with the launch of new branding

Earlier this month, ICMIF member Panal Seguros S.A. (Paraguay) celebrated the organisation’s 17th anniversary with the unveiling of its new branding and slogan “SentíLaConfianza” which emphasizes the trust and confidence that members have in the brand. The event was attended by the entire Panal Seguros board along with shareholders, collaborators and special guests. About Panal Seguros S.A. […]

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Thrivent named one of world’s most ethical companies for ninth year in a row

ICMIF member Thrivent (USA), has been recognized by Ethisphere, a global organisation which aims to define and advance the standards of ethical business practices, as one of the 2020 World’s Most Ethical Companies. This recognition honours those companies that take the long view with a purpose-based strategy and strive to create positive change throughout their various communities […]

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Japan Cooperative Insurance Association Incorporated (JCIA) publishes annual Cooperative Insurance in Japan Fact Book 2019

The Japan Cooperative Insurance Association Incorporated (JCIA) has recently published the English version of its annual Cooperative Insurance in Japan Fact Book. JCIA is a general incorporated association in Japan, which was established for the purpose of promoting coordination among member societies and contributing to the development of cooperatives and cooperative insurers. The main activities […]

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Folksam CEO Ylva Wessén says opportunities for targeted investments for better road safety are needed

To achieve the 2030 Agenda for Sustainable Development, it is important to include road safety as a factor to be considered by large investors. That was the message from Folksam’s President and CEO Ylva Wessén earlier this week when she spoke at the 3rd Global Ministerial Conference on Road Safety. Every year, over one million people […]

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NTUC Income extends COVID-19 protection to over 550,000 individuals in response to evolving outbreak situation

Singaporean ICMIF member NTUC Income (Income) has announced that as of today (17 February 2020), close to 27,000 individuals insured by Income’s Personal Accident (PA) plans with infectious disease cover, and over 500,000 employees of organisations insured by its Group Employee Benefits policies, will automatically enjoy additional COVID-19 cover at no additional premium. To further support lower-income […]

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RAC’s BetterLabs Ventures expands seed capital fund to AUD 23 million to become largest in Western Australia

Earlier this year, RAC’s BetterLabs Ventures announced an AUD 20 million expansion of its seed fund, making it the largest of its kind in Western Australia (WA). Part of ICMIF member RAC’s strategic innovation function, BetterLabs launched AUD 3 million in seed funding in September 2018 to support start-up founders on their growth journeys. RAC […]

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Achmea office installs 3200 solar panels as part of its climate neutral journey

This week, Dutch ICMIF member Achmea has activated 3200 solar panels which have been installed above the parking lot of the company’s offices in Apeldoorn (Netherlands). This new installation, which has been added to 600 solar panels already present at the site bringing the total number of panels to 4000, will provide the company’s office in Apeldoorn […]

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2019 InsurTech investment reaches all-time high says Willis Towers Watson Briefing

Total new worldwide funding commitments to the InsurTech sector in 2019 were USD 6.37 billion, 33.9% of the historical total, following a record-breaking USD 1.99 billion of investment in 75 projects during Q4 2019, according to the new Quarterly InsurTech Briefing from Willis Towers Watson, the  global advisory, broking and solutions company. During the year, eight “unicorn […]

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Coronavirus epidemic likely to have limited impact on China’s non-life insurance market according to AM Best

ICMIF Supporting Member AM Best has this week said that it expects that China’s non-life insurance market will experience limited losses from the ongoing coronavirus outbreak, due to factors including the central government’s announcement to undertake all medical expenses related to the 2019-nCoV diagnosis and treatment, coverage exclusions, and the lack of claim triggers for business interruption […]

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