In response to the outbreak of Covid-19, ICMIF member Sancor Seguros (Argentina) has developed two new products to respond to the protection needs arising from the situation, which have additional coverage and benefits. The new options are: HOME OFFICE: a product offering cover for personal accidents, 24 hours a day, and accidental damage to technological work equipment (for […]
Earlier in the Covid-19 pandemic we reported on the ways in which ICMIF member Climbs Life and General Insurance Cooperative in the Philippines was supporting members during the crisis. This included, on 11 March, setting up a Covid-19 taskforce to create a Crisis Management Plan and Crisis Communications Plan. Under the tagline “more than just protection”, CLIMBS also launched […]
Dutch ICMIF member Achmea yesterday announced the issuance of a new senior bond. This bond will be used to refinance a senior unsecured bond of EUR 750 million that matures in November 2020. Achmea published its annual figures on 12 March and reported a solvency ratio of 219% and liquidity of EUR 732 million. In […]
Swedish ICMIF member Länsförsäkringar’s Research Fund is funding a new research study at Uppsala University to investigate children and young people’s views on the Covid-19 situation. The study will look at those who are aged 4-18 years old. According to the Research Fund, many children and young people feel anxious and are touched by the issue, but […]
During a recent ICMIF webinar on “New business models for the mutual of the future“, Lauri Saraste, Director at ICMIF member LocalTapiola (Finland) spoke of the many initiatives that his organisation had undertaken to try to help members and communities in Finland during the COVID-19 pandemic. Before going on to describe some of the initiatives, Saraste said: “Finland is […]
ICMIF member Coopenae (Costa Rica) is helping its members address any problems they face due to the coronavirus (COVID-19) situation, through a range of initiatives and in particular a website launched specifically to help its members with issues around finances during the pandemic. The recently launched Coopenae coronavirus website has video tutorials to help members know how to carry […]
During the ongoing COVID-19 pandemic, three Canadian ICMIF members have responded with initiatives to provide assistance to their member policyholders and to support local communities and healthcare providers. Trillium Mutual announced last week that it will be donating CAD 100,000 to support mental health initiatives and programs that are directly helping farmers and rural communities across […]
Canadian ICMIF member The Commonwell Mutual Insurance Group has this week announced the introduction of “Pay It Forward” – an innovative initiative developed in response to the COVID-19 pandemic. Every member is to be sent CAD 100 as part of the organisation’s COVID-19 Member Response Plan giving a total payment of CAD 8.4 million. “We are proud […]
Argentinian ICMIF member Seguros Rivadavia has joined the fight trying to combat the pandemic generated by COVID-19 with various solidarity actions through its Raúl Vázquez Foundation, allocating donations of more than ARS 2 million to the cause. Of the various donations made by Seguros Rivadavia, two important contributions stand out, the first was to the San Roque […]
Canadian ICMIF member The Co-operators last week announced CAD 200,000 in funding to support Canadians who are most vulnerable and impacted by COVID-19. This contribution is in addition to the financial services cooperative’s annual campaign that in 2019 raised over CAD 675,000 through employee and corporate contributions. The CAD 200,000 will be distributed to 28 local United Way […]