Japanese ICMIF member Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives) has announced the issuance of a new catastrophe bond, “Nakama Re Series 2026-1 Class 1”, designed to strengthen its resilience against major earthquake risks while incorporating an innovative environmental component. Issued on 7 April 2026, the USD 100 million (approximately JPY 16 billion) bond […]
Germany-based mutual insurer HUK-COBURG has reported the strongest financial performance in its history, with significant growth across its core lines and improved profitability. Announcing its 2025 results, CEO Klaus-Jürgen Heitmann said: “2025 was the most successful year in the history of our company.” The group increased gross written premiums by more than 10% to around […]
UK-based ICMIF member, The Association of Financial Mutuals, has signed a joint Letter of Commitment with partners across the insurance industry to work together to tackle the protection gap. The letter, coordinated by Fair4All Finance, and signed by AFM, the Association of British Insurers, the Investment and Life Assurance Group, the Income Protection Task Force, […]
A book co-authored by Dr Jaime Aristotle Alip – Founder and Chairman Emeritus of CARD MRI and a long-standing leader within the International Cooperative and Mutual Insurance Federation – has received national recognition in the Philippines. Covering Nanay: The Philippine Microinsurance Journey was named Best Book on Business at the National Book Awards, highlighting both […]
ICMIF member PPS, the South African‑based mutual financial services organisation for graduate professionals, has announced a record ZAR 6.88 billion Profit‑Share allocation for 2025, the second consecutive year in which the organisation has delivered its highest‑ever return to members. The result surpasses last year’s previous record of ZAR 5.33 billion and reflects the continued strength of PPS’s mutual […]
ICMIF member Sociedad de Seguros de Vida has been awarded the “Entidad Libre de Efectivo” (“Cash-Free Entity”) certification by the Banco Central de Costa Rica, recognising its significant progress in digitalising payments and collections. The certification forms part of a national programme led by the Central Bank to modernise financial transactions and reduce the use […]
ICMIF member and cooperative insurer R+V Versicherung (Germany) has reported a record financial performance for 2025, with early results from its “NextLevel” corporate strategy helping to drive profitable growth, strengthen resilience and enhance both its long-term competitiveness and member value. Announcing the results, Dr Norbert Rollinger, Chairman of the Board of Management, said the insurer […]
ICMIF member Cooperativa de Seguros Múltiples de Puerto Rico has reported historic financial results for 2025, announcing it will distribute USD 4.1 million in member bonuses to 68,962 eligible policyholders as part of its commitment to the cooperative model. The distribution will represent a direct injection into the Puerto Rican economy, benefiting thousands of families. […]
Swedish ICMIF member Folksam has invested approximately SEK 800 million in social bonds issued by Motability Operations, an organisation in the UK that enables people with disabilities to lease a car, scooter or wheelchair with the help of their government mobility allowance – and therefore gain better access to work, healthcare, education and participation in […]
ICMIF member Ecclesiastical has reported strong financial results for 2025, while emphasising the vital role of its people and purpose in delivering positive impact for customers, communities and good causes. Profit before tax reached GBP 84.6m (2024: GBP 82.5m), while gross written premiums (GWP) increased by 2.1% to GBP 653.7m (2024: GBP 640.3m), supported by […]