ICMIF member Assumption Life (Canada), a mutual life insurance company with over 120 years of history, has announced that it has been recertified as a B Corp. This prestigious international certification highlights Assumption Life’s dedication to sustainable and responsible business practices, demonstrating its commitment to aligning financial performance with positive social and environmental impact. Assumption […]
ICMIF member Thrivent (USA), a membership-owned financial services organisation, has announced it will provide a record USD 564 million payout to its clients in 2025. The total comprises USD 432 million in dividends and USD 132 million in non-guaranteed policy enhancements, which include benefits such as increased credited interest and reduced fees. The total marks […]
ICMIF member MAIF (France) has introduced Aux Alentours, a free, intuitive tool designed to help citizens assess and protect their homes from climate risks. According to a study by the French Association for the Prevention of Natural and Technological Disasters (AFPCNT), 45% of French homeowners are unaware of the natural risks their homes may face. […]
This week, the International Cooperative and Mutual Insurance Federation (ICMIF) published its new ICMIF Members Sustainability Report. According to the report, members who responded to ICMIF’s annual sustainability survey reported that, collectively, over USD one trillion of their investments are aligned to sustainable investment frameworks. The report shows that ICMIF members are collectively investing USD […]
ICMIF Supporting Member, Gallagher Re, has released its Q3 2024 Natural Catastrophe and Climate Report, summarising preliminary global loss totals and major catastrophe events that occurred during the first three quarters of the year. The report highlights that global natural catastrophe activity through the first nine months of 2024 remained active, with minimum economic losses […]
Irish ICMIF member IPB Insurance has announced its sponsorship of the newly launched Road Safety Matters Transition Year (TY) programme, developed in collaboration with the Road Safety Authority (RSA) and An Garda Síochána (Ireland’s National Police and Security Service). This important initiative aims to promote safer road use among young people across Ireland. Speaking about […]
Simplyhealth, a UK-based member of the International Cooperative and Mutual Insurance Federation (ICMIF), has announced the launch of a new digital mental health service in partnership with Spectrum.Life (Ireland). The service aims to provide fast and accessible mental health support to all Simplyhealth’s 2.5 million customers across the United Kingdom, addressing the growing mental health […]
New Zealand-based ICMIF member MAS (Medical Assurance Society) has implemented a significant upgrade to its motor claims process by introducing a dedicated team of in-house motor vehicle assessors. The change is designed to reduce delays in the claims process, providing faster assessments and decisions for members in need of motor vehicle repairs or settlements. Previously, […]
Dutch cooperative insurer and ICMIF member Univé has become the first insurer in the Netherlands to provide remote veterinary care services for pets. This new initiative, in partnership with online veterinary platform VETTS, is designed to offer quick, affordable access to non-urgent pet care advice for Univé members, while helping to reduce the pressure on […]
ICMIF Supporting Member AM Best will host its annual Europe Insurance Market and Methodology Briefings in London on Thursday 7 November 2024. The event, which is free to attend, will bring together key industry figures to discuss trends and developments in the insurance market. The briefings will take place at etc.venues St Paul’s from 08.30 […]