ICMIF member Co-operators, a leading Canadian financial services cooperative, has officially opened its new state-of-the-art corporate headquarters in Guelph, Ontario. The environmentally sustainable building, designed to support employee well-being and reduce carbon emissions, consolidates five southern Ontario locations into one 226,000 sq. ft. facility. The new office is part of Co-operators’ larger commitment to sustainability […]
Agents and staff at NFU Mutual agencies across the UK have nominated more than 300 charities across the country in 2024 to receive a total donation of GBP 1.92million from NFU Mutual’s national ‘Agency Giving Fund’. The Fund forms part of ICMIF member NFU Mutual’s GBP 3.25m funding pledge for both local and national charities […]
Norwegian ICMIF member Granne Forsikring has announced some strategic changes including the sale of its land-based insurance business to another Norwegian insurance company, Frende Forsikring. With this, Granne says it will strengthen its investment in maritime insurance, while at the same time gaining more customers and a clear presence in the city of Ålesund. “Maritime […]
ICMIF Supporting Member Peak Re, a Hong Kong-based global reinsurer, has announced the key findings of its flagship 2024 Asia Middle-Class Consumer Survey. In the 2024 study, Peak Re focused on the role of family, the need for old age care, the rising importance of the women consumer groups, the importance of home insurance and […]
Río Uruguay Seguros (RUS) in Argentina has become the latest ICMIF member to join as a member of the United Nations Environment Finance Initiative (UNEP FI), signing the Principles for Sustainable Insurance (PSI). Launched at the 2012 UN Conference on Sustainable Development, the PSI serves as a global framework for the insurance industry to address […]
The Mutual Factor 2024, released today by the National Association of Mutual Insurance Companies (NAMIC) and Aon, details US mutual property/casualty insurers’ financial resilience in the face of multiple market challenges in this “New Era of Risk”. NAMIC and Aon released the seventh annual Mutual Factor report today during the association’s 129th Annual Convention in […]
An interview with ICMIF’s CEO Designate Liz Green took the front cover of the September issue of AM Best’s monthly insurance magazine, Best’s Review. This month’s issue, with a focus on mutual insurance, speaks with mutual insurance leaders ahead of industry events. Mutual and cooperative insurers had about 26% of the world’s insurance market, representing […]
Since 2014, clients of ICMIF member Thrivent have raised more than USD 1.9 billion in funds for local communities across the USA. Through Thrivent Action Teams, an industry-leading volunteer programme, Thrivent’s clients are given the funding, tools, and resources they need to advance the causes most important to them and their communities. Over the past […]
ICMIF member Gore Mutual has launched its new telematics programme, Drive Good, in Ontario (Canada), allowing drivers to earn personalised discounts and rewards based on their driving habits. The programme, which went live on Monday 31 July, features a fully digital experience, managed through a smartphone app that provides real-time feedback to improve road safety. […]
In August, Dutch financial services group Achmea, released the latest update on its ambitious Climate Transition Plan. This update, published alongside Achmea’s half-year results, reflects the company’s ongoing commitment to combat climate change as part of the Dutch financial sector’s Climate Commitment. The Climate Transition Plan update highlights the progress Achmea is making towards its […]