According to a new briefing from ICMIF member A.M. Best, the wildfire threat for insurers is continuing to grow as a result of increased housing development in more rural areas and wildlands in California. The Best’s Briefing, “Wildfires: The New Normal?” notes that 45 of the 58 counties in California have experienced population growth since […]
ICMIF member Maif (France) recently launched a new type of car insurance. This new cover is prices on a “pay when you drive” (« payez quand vous roulez » in French) basis. Maif launched this new “by the minute” car insurance product with the help of its subsidiary Altima, which serves as the innovation laboratory for the mutual group. The […]
The Argentinian Minister of Finance, Nicolás Dujovne, has presented the Executive Committee that will preside over the G20 Insurance Forum 2018. The Insurance Forum an encounter that will be held within the framework of the G20 on 25-26 September in San Carlos de Bariloche, Patagonia (Argentina). The Forum’s Executive Committee will be chaired by Adrián […]
With the 2017 losses slowly fading in the rear-view mirror, the ILS market is roaring forward through the first half of 2018. Cat bond issuance is at or near record levels, and non-life ILS assets under management (AUM) continue to grow. Where might the road lead? asks the latest Willis Towers Watson and Willis Re […]
Between 25 May and 14 June 2018, hailstorms and heavy rain raged across large areas of France and caused a great deal of damage. These challenging weather events were notable for a number of reasons. Their duration, the extent of the geographical area affected and the extensive range of damage that they caused. At the […]
Bas Lavalaye of Achmea, a Netherlands-based member of the International Cooperative and Mutual Insurance Federation (ICMIF), took part in a Technical Assistance assignment for the Development of Humane Action (DHAN) Foundation (India) through the ICMIF 5-5-5 Mutual Microinsurance Strategy earlier this year. In a new video from the ICMIF Communications Team, Bas has spoken about […]