Research from the UK cross-party think-tank the Social Market Foundation (SMF) shows that the British public largely thinks that business is falling short on its social responsibilities and putting profits ahead of purpose. However, polling for the SMF found that people have strongly positive views of the way that mutually-owned firms can prioritise members and […]
This week, it was announced that ICMIF member the Folksam Group would be the sole investor in an SEK 1 billion (USD 93 million) bond issued by the World Bank which aims, among other things, to finance sustainable projects in developing countries with a focus on road safety. This is the first bond of its […]
Earlier this year, South African ICMIF member AVBOB announced the launch of Year 2 of the AVBOB Road to Literary Trolley Library campaign in partnership with Oxford University Press. The aim of the campaign is to instil a culture of reading and contribute to improving numeracy skills of primary school children across South Africa by […]
Today, one of ICMIF’s partner organisations, the UN Office for Disaster Risk Reduction (UNDRR) and Climate Bonds Initiative (Climate Bonds) announced the launch of a new White Paper to guide the development of a taxonomy for adaptation and resilience finance investment. The announcement comes ahead of the Summit for a New Global Financing Pact in […]
In the 2023 US Wildfire State of the Market report, ICMIF Supporting Member Gallagher Re provides an analysis of the evolving risk factors that contribute to wildfire losses, and the resulting distressed insurance and reinsurance market dynamics for 2023. The report gives a rundown of last year’s wildfire season, as well as commentary on causes, […]
Folkemødet is the annual Danish Democracy Festival. Every year, the idyllic island of Bornholm is the home of the festival which is a platform for democratic dialogue between civil society, politicians, business, media, universities, and citizens at large. This also includes the participation of Danish ICMIF members GF Forsikring and LB Forsikring. Every year in […]
From the opening-up of previously frozen waterways in the Arctic to hackers tampering with artificial intelligence, the emerging risk landscape is multi-faceted according to the 11th edition of the SONAR report from ICMIF Supporting Member Swiss Re. The report reveals that the threats on the horizon are developing as dynamically as the technological, geopolitical and […]
On 1 June 2023, ICMIF members CARD Mutual Benefit Association (MBA), Inc., a member institution of the CARD Mutually Reinforcing Institutions (CARD MRI) in the Philippines and CIC Insurance Group (CIC, Kenya) signed a memorandum of understanding (MOU) at the CARD MBA Head Office, San Pablo City, Laguna (Philippines). The MOU aims to share knowledge […]
ICMIF member IBISA NETWORK is a global climate insurtech company that helps food and beverage, and agri and allied sector companies to increase the climate resilience and sustainability of their entire supply chain, through optimised climate risk management solutions and increased support to growers. IBISA quantifies the impact of specific climate risks and builds tailor-made […]
One of ICMIF’s partner organisations, the United Nations Development Programme (UNDP) has recently announced the launch of the Inclusive Insurance Navigator, a Guide to Designing Inclusive Insurance Products and Markets, which was developed by the UNDP’s Insurance & Risk Finance Facility (IRFF) team. Jan Kellett, Head of the UNDP Insurance and Risk Finance Facility said: […]