Latest news from the sector

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

Desjardins is actively supporting a just and sustainable climate transition

Earlier this year, Canadian ICMIF member Desjardins Group released its 2024 Social and Cooperative Responsibility Report and its Climate Action at Desjardins report. These reports outline how North America’s largest financial cooperative is increasingly integrating environmental, social and governance (ESG) factors into its operations, products and services. The publications also describe Desjardins’ commitment to helping its […]

Sociedad de Seguros de Vida celebrates 105 years of stability, solidarity and sustainability

This year, Costa Rican ICMIF member Sociedad de Seguros de Vida del Magisterio Nacional celebrates a significant milestone. The organisation is celebrating 105 years of history which it says is backed by sound financial management, a long-term strategic vision and a firm commitment to social welfare and solidarity. Sociedad de Seguros de Vida del Magisterio […]

Peak Re celebrates recognition as Asian Reinsurer of the Year for 10th year in a row

ICMIF Supporting Member Peak Re has been recognised as the Asian Reinsurer of the Year – Gold at the prestigious Insurance Asia Awards 2025. This is the 10th consecutive year that Peak Re has received this honour which, the reinsurer says, is a testament to its unwavering commitment to sustainability, innovation, and client-centricity. In 2024, […]

Thrivent celebrates CEO of the Year in prestigious awards ceremony

ICMIF member Thrivent (USA) made a big impression during the 2025 InvestmentNews Awards last month. The awards recognised outstanding professionals and firms in the financial services industry. Most notably, InvestmentNews honoured Terry Rasmussen, Thrivent’s President and CEO, with the highly coveted CEO of the Year award and highlighted her purpose-driven leadership and the transformative impact […]

Gallagher Re reports manageable global catastrophe losses in H1 2025 despite major US events

ICMIF Supporting Member Gallagher Re has published its H1 2025 Natural Catastrophe and Climate Report, noting that despite a highly active start to the year in the United States, the overall global catastrophe losses for the first six months remained relatively manageable for both governments and the insurance industry. According to the report, global economic […]

ICMIF team 500km bike ride supports next phase of DHAN Foundation mutual microinsurance programme in India

The ICMIF Foundation and DHAN Foundation have announced the launch of the next phase of support for scaling up mutual life and health microinsurance in India. This next phase will build on the success of reaching over one million households through the 5-5-5 Mutual Microinsurance Strategy and is backed by funds raised through the ICMIF […]

Emergency and solidarity: a real case of cooperativism in action by La Segunda Seguros in Bahía Blanca

In May of this year, ICMIF member La Segunda Seguros (Argentina) joined forces with the cooperative supermarket business Cooperativa Obrera to deal with the ongoing effects of the storm that had previously hit the port city of Bahía Blanca in March 2025. Reports at the time of the storm said Bahía Blanca had effectively been […]

Zenkyoren invests in impact bond fund to support climate resilience and rural sustainability

Japanese ICMIF member Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives) has announced a major investment of JPY 20 billion in the Orchard 2025 Fund, a recently-launched public debt impact fund managed by BlueOrchard Finance Ltd., a Schroders Group company focused on impact investing. Zenkyoren says the investment aligns with its long-standing commitment to supporting […]

CoopsDay highlights how cooperatives drive inclusive and sustainable solutions for a better world

On Saturday 5 July, the global cooperative movement celebrated the International Day of Cooperatives (CoopsDay) by highlighting what can be achieved through the power of cooperation. This year’s theme was “Driving inclusive and sustainable solutions for a better world”, and, as every year, CoopsDay is an opportunity to raise awareness about cooperatives’ role in delivering […]

ICMIF Foundation South-to-South Technical Assistance platform launched through the UNDP ICMIF IIC Programme

Closing the protection gap in emerging markets remains one of the greatest challenges for the mutual insurance sector today. According to the ICMIF Global Mutual Market Share report, mutual insurers hold only 2.7% of the formal insurance market in these regions – a significant decline from over 4% a decade ago – while mutuals in […]

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