Latest news from the sector

Read and share inspirational stories collected from across the ICMIF membership.

ICMIF announces agenda for the 2024 ICMIF Biennial Conference

ICMIF has announced the agenda for the 2024 ICMIF Biennial Conference, which takes place in Buenos Aires (Argentina) from 12-15 November 2024. The ICMIF Biennial Conference is the premier global gathering of 350+ mutual and cooperative insurance leaders from across the world. The agenda and conference theme The agenda for this year’s ICMIF Biennial Conference […]

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NFU Mutual shared GBP 54m Mutual Investment Bonus with eligible customers in 2023

UK-based ICMIF member NFU Mutual has announced it shared a GBP 54m Mutual Investment Bonus with eligible With-Profits customers in 2023. Mutual Investment Bonus is applied as an uplift to investments, representing a 1.5% increase in investments for 2023, and is in addition to the annual bonus provided to customers that receive one. As a […]

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Thrivent named one of the World’s Most Ethical Companies for 13 consecutive years by Ethisphere

ICMIF member Thrivent (USA) has received the 2024 World’s Most Ethical Companies honour from Ethisphere. Thrivent says this recognition highlights its commitment to business integrity through robust ethics, compliance, and governance programmes. Thrivent has now been recognised for 13 consecutive years and is one of only six honorees in the financial services industry this year. […]

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The path forward to environmental, social, and governance: Mutual Fire Insurance publishes inaugural ESG and sustainability report

Canadian ICMIF member Mutual Fire Insurance has published its inaugural ESG and Sustainability report after what it says was a two-year journey to learn and understand environmental, social, and governance (ESG) initiatives. The journey started with a small committee learning all about ESG which has since led to the organisation approaching business in a completely […]

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Folksam Group invests SEK 2.5 billion in climate-related work in Stockholm

The Folksam Group (Sweden) has announced that it is investing SEK 2.5 billion in a new bond issued by the City of Stockholm. The maturity is five years. About half of the borrowing is planned to go to investments in the city’s water infrastructure. Folksam Group says the investment is part of its strategy to […]

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Far beyond health: Seguros Unimed’s new advertising campaign promotes the diversity of its range of products

Brazilian ICMIF member, Seguros Unimed, the insurance and financial arm of the Unimed System, is taking advantage of the brand’s strength in the health sector to launch a new advertising campaign to inform people in Brazil that it is also a specialist in the protection of people’s lives and assets, with solutions in life and […]

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Royal London customers benefit thanks to the eighth consecutive year of ProfitShare

In its 2023 financial results announcement this week, UK ICMIF member Royal London reported that it would be boosting its customers’ retirement savings once again by adding a share of its profits to their plans thanks to the company’s ProfitShare scheme. Each year, Royal London aims to boost its customers’ retirement savings through ProfitShare, a […]

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Río Uruguay Seguros launches insurance cover specifically for rural women and their families

Last Friday, 8 March 2024, International Women’s Day, Argentinian ICMIF member Río Uruguay Seguros (RUS) launched a new insurance product called Salud Fem Rural Integral (Integrated Health for Rural Women) at the Expoagro trade fair for those working in the agricultural sector. The product was developed in collaboration with Red de Mujeres Rurales (Rural Women’s […]

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UNDP and ICMIF announce four winners of the Insurance Innovation Challenge: innovative insurance schemes to boost financial resilience in developing countries, especially for women

On International Women’s Day 2024, the United Nations Development Programme (UNDP) through its Insurance & Risk Finance Facility and the ICMIF Foundation have announced the four winning projects of the Insurance Innovation Challenge (IIC) Fund. Launched on International Women’s Day in 2023, the Insurance Innovation Challenge (IIC) is a major public-private partnership which calls on […]

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Harford Mutual continues to expand national footprint in USA

Earlier this year, ICMIF member Harford Mutual Insurance Group (USA) announced it was continuing to expand its national footprint after the successful merger of Clearpath Specialty, formerly known as ClearPath Mutual Insurance Company, into the Group. The merger, which officially took effect on 4 August 2023, marked a milestone in Harford Mutual’s 181-year-old history. ClearPath […]

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