German ICMIF member R+V Versicherung has collaborated with Friendsurance Business to jointly developing a digital bancassurance solution as a service for members of the 875 cooperative banks in Germany which make up the Volksbanken Raiffeisenbanken group. R+V Versicherung forms part of the group and is the insurance provider within Volksbanken Raiffeisenbanken. The VR-Versicherungsmanager app is based on […]
Danish ICMIF member LB Forsikring has today announced a strategic partnership with Denmark’s largest commercial customer-owned pension company PFA which, among other things, means that PFA’s customers will be given the opportunity to take out private, non-life insurance with LB Forsikring. Common values and comparable business models have been key to the establishment of the partnership, which will take […]
Securian Financial CFO joins other finance leaders in launch of US chapter of A4S Leadership Network
A group of leading US CFOs have this month announced the launch of the first US Chapter of the global A4S Chief Financial Leadership Network. This prestigious group includes Warren Zaccaro, CFO of ICMIF member Securian Financial. Established by the Prince’s Accounting for Sustainability Project (A4S), a nonprofit founded by HRH The Prince of Wales in 2004, this […]
In just 10 weeks, Argentinian ICMIF member La Segunda has created its own innovation platform, catalyzing a generation of workers to generate and execute new ideas, with the help of innovation company Parabolt. The aim of the platform is to transform the working culture at the La Segunda (one of Argentina’s leading insurance companies) with the help of Parabolt, a company that sets out to transform innovative ideas into disruptive products. The […]
Singaporean ICMIF member NTUC Income (“Income”) has announced this month that it has joined forces with ZA Tech Global Limited (“ZA Tech”), a business entity for overseas technological exports formed by China’s first internet-based insurer, ZhongAn Online P&C Insurance Co. Limited (“ZhongAn”), to bring speed to Income’s digital innovation and product launches in Singapore. As part of […]
Nearly 300,000 previously uninsured people from low-income and disadvantaged communities in India are now protected with a health or life microinsurance policy by ICMIF Indian member the DHAN Foundation. This is a result of the DHAN Foundation’s project under the ICMIF 5-5-5 Mutual Microinsurance Strategy (the “5-5-5”), which launched in April in 2017. Through its partnership with ICMIF, […]
According to the latest Reinsurance Market Report from ICMIF Supporting Member Willis Re, total capital dedicated to the global reinsurance industry measured USD 462 billion at year-end 2018. The largest component of this figure is the total shareholders’ equity of the 32 reinsurance companies tracked in the Willis Reinsurance Index1 which was down 10% to USD 335.7 billion, […]
UK ICMIF member Ecclesiastical is giving away £1million to charities with the launch yesterday of its Movement for Good awards. From Monday 22 April 2019, brokers can nominate a cause close to their hearts for a potential £1,000 award. Five hundred charities will each receive £1,000 during the first phase of the campaign, with the […]
Last week,Kenya ICMIF member CIC Insurance Group (CIC) officially began celebrations to mark its Golden Jubilee. The celebrations came hot on the heels of the recent release of the organisation’s financial results for the year ending 31 December 2018, which saw pre-tax profits of KES 852 million, representing a 64 per cent increase from KES […]
Last week, ICMIF member The Co-operators (Canada) highlighted significant challenges and opportunities presented by increasing environmental, social and economic issues and trends with the release of its 2018 Integrated Annual Report. The report was launched as representatives of the cooperative’s 45 member organisations gathered from across the country in Toronto for its Annual General Meeting (AGM). In The Co-operators 2018 […]