ICMIF member JA Kyosai, the Japanese National Mutual Insurance Federation of Agricultural Cooperatives, also known as Zenkyoren, has announced the establishment of a new reinsurance subsidiary, Zenkyoren Re Limited, in Guernsey, strengthening its approach to risk diversification and international collaboration across the cooperative insurance sector. The new entity began operations on 1 April 2026 and […]
ICMIF Supporting Member Gallagher Re has published the latest edition of its 1st View report, offering a first look at market conditions for the April 1 reinsurance renewals. Issued three times a year, the report provides insights into trends at key renewal points: January 1, April 1 and July 1. The April 1 renewals took […]
Canadian ICMIF member Wawanesa has announced it has entered into an agreement to acquire Everest Insurance, the Canadian retail insurance operations of Everest Group Ltd. Wawanesa says the transaction is expected to significantly strengthen the mutual’s position in the Canadian market and expand its commercial insurance capabilities. Everest Canada brings a broad portfolio of specialty […]
ICMIF Supporting Member AM Best has published an analysis of the impact the current Middle East conflict is having on reinsurers’ resilience. According to AM Best’s analysis, losses to the global reinsurance market are currently limited and would generally be characterised as single large losses. However, if the conflict continues, there is scope for accumulations across countries […]
US-based financial services provider and ICMIF member Thrivent has announced plans to recruit 600 new financial advisors in 2026, continuing a major expansion effort that saw the organisation exceed the same hiring target in 2025. The company said the recruitment drive is intended to help meet increasing consumer demand for purpose-based financial advice, while also […]