One of ICMIF’s members in the Philippines, the Centre for Agriculture and Rural Development Mutual Benefit Association (CARD MBA), has announced a new policy, the ‘8-24’ strategy, aiming to pay its members’ insurance claims in under 24 hours. This will improve on its current claims policy (the ‘1-3-5’ strategy where claims were settled within one, […]
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In December last year the 2017 Korea Finance Awards 12th Awards Ceremony was held and Ki-Bong Seo (pictured), President and CEO of ICMIF member NH NongHyup Life, Republic of Korea and his organisation were recognised for leading new trends in the finance sector. The 2017 Korea Finance Grand Prix Judging Committee selected six leading financial […]
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ICMIF has today announced that Unipol Gruppo of Italy is the latest member of the Federation to confirm their support for the 5-5-5 Mutual Microinsurance Strategy. Unipol will be providing financial assistance to the second phase of the 5-5-5 Strategy in India, assisting the DHAN Foundation with their goal of providing mutual microinsurance to 1.17 […]
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Three members of staff from supporting partners of the ICMIF 5-5-5 Mutual Microinsurance Strategy: Blair White of The Co-operators, Canada; and Carina Bodesand and Johan Nyman of Länsförsäkringar in Sweden(all pictured), travelled to India in November 2017 to participate in the first annual review meeting of the Uplift project. The 5-5-5 project in India officially […]
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With recent catastrophe loss estimates in the region of USD 136 billion, 2017 is proving to be one of the worst loss years on record for the global (re)insurance market, according to the latest 1st View renewals report from Willis Re. Willis Re is a Supporting Member of the International Cooperative and Mutual Insurance Federation […]
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Indian-based member of the International Cooperative and Mutual Insurance Federation (ICMIF), Uplift Mutuals, has launched its first mobile application (app), which will enable the organisation to expand its existing community-owned health microinsurance programme and reach many more previously uninsured urban and rural low-income households. Uplift aims to deliver its entire community-owned model through the new […]
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Thrivent Financial pledges to support long-term rebuilding efforts in areas hit by recent hurricanes
Thrivent Financial, one of ICMIF’s members in the United States, has recently been working with its members to support response efforts in areas affected by Hurricanes Harvey, Irma and Maria. Thrivent announced in the last few months that is has agreed to be a keystone partner of Habitat Hammers Back, the Hurricanes Harvey, Irma and […]
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New combined company, Aviso Wealth, will focus on meeting the expanding wealth management needs of credit union members and other partners and clients across the country Desjardins Group and a partnership comprised of Canada’s five provincial credit union centrals (the Centrals) and The CUMIS Group have entered into a definitive agreement to merge the businesses […]
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Desjardins Group (Canada) has announced concrete measures that will enable it to play a proactive role in the fight against climate change. In addition to supporting the energy transition, it will also help businesses adopt environmental, social and governance best practices. “As a financial cooperative, we can lead by example and encourage the transition to […]
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ICMIF member NTUC Income (Income), Singapore, announced today that it has developed ‘Family Protect’, a unique protection proposition developed with the “sandwiched” generation in mind to enhance the financial security of those who are supporting intergenerational dependants. In a 2015 study on class and social orientations[1], the “sandwiched” generation describes a “social arrangement in which […]
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