Danish ICMIF member GF Forsikring has announced it will share more than DKK 165 million (USD 23.4 million) with its members in 2025 – and for the third year in a row will enter a new year without having to impose extraordinary price increases. In a recent announcement, GF Forsikring said that although the costs […]
ICMIF Supporting Member AM Best has maintained its market segment outlook for the global reinsurance segment at positive, citing robust underwriting returns and the potential for solid full-year 2024 results despite an active Atlantic hurricane season. The recently issued Best’s Market Segment Report also notes that life insurance remains a good source of diversification for […]
ICMIF member AVBOB (South Africa) has been named the ‘Coolest Insurance Brand’ in the 20th Sunday Times GenNext Survey, a leading benchmark of South African youth culture, conducted by Yellowwood. The survey identifies the most favoured brands by young South Africans, and the 2024 results were announced on 18 November 2024 in Johannesburg. With over […]
ICMIF member and rural insurer NFU Mutual (UK) has today published a Code for Countryside Roads to tackle the tragic and disproportionate loss of life on the UK’s rural roads. NFU Mutual and its campaign partners launched the Code for Countryside Roads as exclusive analysis of official DfT figures shows that there are 70% more […]
ICMIF member Co-operators has been named one of Canada’s Top 100 Employers for 2025. Co-operators says this recognition highlights its commitment to creating a collaborative, inclusive, and supportive work environment, reinforcing its dedication to its employees and the broader community. The achievement underscores Co-operators’ belief that empowered employees are central to achieving its purpose of […]
ICMIF Supporting Member Aviva Investors recently announced the launch of an innovative Carbon Removal Fund which will provide institutional investors – including insurers – with access to carbon removal solutions which aim to deliver investment returns, whilst also supporting their long-term net-zero ambitions. Aviva Investors says its Carbon Removal Fund (‘CRF’, ‘The Fund’) will invest […]
Río Uruguay Seguros (RUS), a leading Argentinian cooperative insurer and long-standing ICMIF member, has launched RUS Pet Care, an innovative animal welfare plan offering extensive coverage for pets. The product includes veterinary care, telemedicine, and exclusive discounts at specialist retailers, reflecting RUS’s commitment to digital transformation and customer-centric innovation. The launch event was streamed live […]
Mutual and cooperative insurers remain a critical pillar of the global insurance industry, offering vital protections to individuals, families, businesses and communities around the world, says a new report from ICMIF Supporting Member EY. According to the EY Global Mutual Insurance Market Scan 2024, mutuals will only become more important as new risks emerge, presenting […]
ICMIF member Wawanesa Mutual Insurance Company (Canada) has partnered with the Institute for Catastrophic Loss Reduction (ICLR) to officially open the new climate resilience centre in Winnipeg. The facility, located in Wawanesa’s former executive office, will play a key role in advancing education and practical solutions to address the impacts of climate change. “As Canada’s […]
ICMIF member LB Forsikring, Denmark’s largest member-owned mutual insurance company, has been named the top company for image in the Danish 2024 Financial Image Survey. Conducted by Wilke and Watch Medier, the survey evaluates financial companies in Denmark across nine parameters, including trustworthiness, customer service and sustainability. LB Forsikring secured first place this year, moving […]