Latest news from the sector

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

Mutual values help position Länsförsäkringar as one of Sweden’s most attractive employers for young people

ICMIF member Länsförsäkringar was the only insurance company to be listed as one of Sweden’s 100 most attractive employers for young professionals. The Swedish mutual insurer was ranked 35th overall in the Young Professional Attraction Index 2020 survey, which maps what appeals and attracts young people in their choice of employer. Länsförsäkringar was also ranked […]

RAC unveils its new purpose, vision and mission to shape the organisation for the future and create a better Western Australia

Earlier this month, ICMIF member RAC (Australia) launched a new purpose, vision and mission, part of a wider transformation which will shape its future as an organisation, and guide its common goal for the greater good of over one million members. Since its foundation in 1905, the needs of its members and the Western Australian community have guided RAC WA (or the Royal Automobile Club of Western Australia). As a […]

Two Japanese cooperatives donate tarpaulins in preparation for typhoons

Japanese ICMIF members, Kokumin Kyosai Co-op and JCIF (Japan CO-OP Insurance Consumers’ Co-operative Federation), have donated 13,200 blue tarpaulins to the National Governors’ Association in Japan on 17 August 2020. Large-scale typhoons frequently strike the Japanese Archipelago every year, especially during September and October. Those typhoons cause great damage to the materials used for household […]

New Zealand first in the world to require climate risk reporting

New Zealand will be the first country in the world to require the financial sector to report on climate risks, the Minister for Climate Change James Shaw announced earlier this month. The announcement said that these changes build on the huge progress the New Zealand Government has made to tackle the climate crisis. “Today is […]

The P&V Group provides EUR 1 million to support youth projects in Belgium

Belgian ICMIF member the P&V Group has provided a budget of EUR 1 million to support 66 associations in Belgium which help young people and to reduce the educational gap. The budget has enabled 1,300 socially vulnerable young people to receive a new computer and guidance to strengthen their digital skills. The budget will be […]

Income extends COVID-19 support schemes to help clients stay insured

As a response to the ongoing COVID-19 pandemic and the resultant economic impact, ICMIF member Income (Singapore) has extended the application period for its various coronavirus support schemes to next year (2021) to so that customers who have fallen on hard times can continue to stay insured. Income says it understands that the lives and […]

Desjardins Group makes first direct acquisition in green infrastructure in the US

Canadian ICMIF member Desjardins Financial Security and The Desjardins Group Pension Plan have partnered with Connor, Clark & Lunn Infrastructure to acquire a majority stake in a portfolio of US renewable power assets from EDP Renováveis (EDPR). EDPR has developed four wind farms currently in operation and one construction-stage solar farm. When all the farms are in […]

AM Best launches student challenge geared toward innovative catastrophe risk solutions

Rating agency and ICMIF Supporting Member AM Best has announced a new risk management competition focused on mitigating natural and man-made catastrophe risk, the purpose of which is to provide college-level students with the opportunity to showcase their talents. AM Best’s Student Challenge, sponsored by the AM Best Foundation, asks undergraduate and graduate-level students, or […]

Wawanesa expands legal protection partnership to assist and protect homeowners

Canadian ICMIF member Wawanesa has been in partnership with DAS Legal Protection Inc. (“DAS”) since the beginning of this year and this week an announcement has been made that the two organisations are expanding their partnership further. This expansion will enable Wawanesa to offer certain policyholders an important new source of legal advice and protection. […]

OneFamily launches Sustainable Climate fund strategy

UK ICMIF member OneFamily has announced the launch of a new Sustainable Climate fund strategy that will back its new stocks and shares ISA and its existing Lifetime ISA from 1 September 2020. OneFamily believes that these accounts will be of particular interest to the ethically minded generation of teens whose child trust funds are […]

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