ICMIF member Dina Försäkringar (Sweden) has signed an agreement with healthcare provider Capio to be able to offer advice when customers with sports insurance suffer an injury as a result of their sport activities. Customers have been able to use the advisory service from the beginning of August 2024. “We have been offering sports insurance […]
ICMIF Supporting Member Peak Re has been recognised for excellence at the Insurance Asia Awards 2024 in two categories: Asian Reinsurer of the Year – Gold, and CEO of the Year for Franz-Josef Hahn. Peak Re says these prestigious awards underscore its commitment to innovation and agility in a year marked by economic uncertainties and […]
Despite geopolitical tensions and higher inflation that have led to economic concern in recent years, the latest annual World Insurance sigma report from the Swiss Re Institute finds that the global economy has remained remarkably resilient, setting the scene for growth and improved profitability across the insurance industry. Jérôme Haegeli, Group Chief Economist at ICMIF […]
Earlier this month, it was announced that Japanese ICMIF member Zenkyoren, National Mutual Insurance Federation of Agricultural Cooperatives has invested USD 50 million in the first nutrition bond to be issued by the International Fund for Agricultural Development (IFAD), under its Sustainable Development Finance Framework. The bond will support IFAD’s investments in rural development programmes, […]
ICMIF member Ecclesiastical Insurance (UK) has recently launched a new product for office-based businesses providing professional services as it continues its ambitious growth drive. Ecclesiastical says the Office Professions product is aimed at all clerical-based office risks, including professions such as accountants, architects, estate agents, lawyers, and insurance brokers, as well as call centres, graphic […]
According to ICMIF Supporting Member Guy Carpenter, mid-year renewals reflected a transitioning reinsurance market meeting demand in a dynamic trading environment. Loss-free property programs generally saw easing of pricing, even as demand increased. While casualty programs were also completed with adequate capacity, pricing and underwriting scrutiny persisted due to a variety of market trends. “Well-positioned […]
ICMIF member World Council of Credit Unions’ (WOCCU) President and CEO Elissa McCarter LaBorde (pictured) laid out an aggressive new vision to increase the number of members of credit unions from 400 million to one billion people, with at least 50% (500 million) of those members being women, in her State of the Movement Address […]
ICMIF has welcomed the recent launch of an EU base for Coop Exchange in Malta which, the fintech platform says, marks another significant milestone in the world of cooperative/mutual investment. With its headquarters in London, Coop Exchange is an international platform for raising capital and trading financial instruments directly aimed at supporting the cooperative and […]
ICMIF Supporting Member Gallagher Re has published the H1 2024 Natural Catastrophe and Climate Report in which the global reinsurance broker and advisory firm summarises preliminary global loss totals and major catastrophe events that occurred during the first half of the year. According to the report, an active first half of 2024 (H1) for global […]
The new report from ICMIF partner organisation Accounting for Sustainability (A4S), Accelerating the Transition: Assessing Progress and Driving Action, sets out economy-wide practical actions that it believes would accelerate the global transition to ensure a just, climate-resilient, net-zero world. The report outlines the current state of sustainability efforts, identifies barriers to progress, and proposes practical […]