ICMIF Supporting Member Gallagher Re has published its Reinsurance market report for the full-year 2022. The report provides in-depth analysis of the size and performance of the reinsurance industry, based on the Gallagher Reinsurance Index group of companies. Key findings of the 2022 Reinsurance market report are: Global reinsurance dedicated capital totalled USD 638bn at […]
Last month, Swedish ICMIF member Folksam announced it had been ranked as the most sustainable brand in the insurance category and KPA Pension, which is part of the Folksam Group, has won the pension company category for the twelfth year in a row in the Sustainable Brand Index for 2022. The Sustainable Brand Index is […]
ICMIF member Royal London, the UK’s largest life, pensions, and investment mutual, has announced this week that it has reached an agreement with Aegon UK to acquire its individual protection line of business, subject to court approval. As a result of the acquisition, the life insurance, critical illness and income protection policies for over 400,000 […]
Almost 9,000 companies that have trade credit insurance with German ICMIF member R+V Versicherung (R+V) can look forward to a premium refund this year. Thanks to fewer claims and a growing customer base, the cooperative insurer is paying these policyholders the record sum of EUR 24 million this year. This particular refund by R+V is […]
Last year, ICMIF member Simplyhealth (UK) announced the launch of its Venture Capital fund, Simplyhealth Ventures and so far this year, it has shared details of the first two investments for 2023. Last month, Simplyhealth announced it had invested in PocDoc, an app-based technology platform that uses proprietary lateral flow tests and cloud-based AI diagnostics […]
ICMIF member NFU Mutual (UK) has been named as the only Which? Recommended Provider for home insurance in 2023, with the consumer champion calling the rural insurer the nation’s best home insurance provider. To find the best home insurers in the UK, Which? surveyed thousands of customers and analysed 78 policies. “Providers that are rated […]
According to recent research, funded by Swedish ICMIF member Afa Försäkring, young managers are motivated in their leadership role and have great drive, but many have a worse experience of the workplace than older colleagues and also rate their mental health lower. The research has been carried out at Umeå University and Karolinska Institutet and […]
Australian ICMIF member RAC is currently offering its member policyholders the chance to take part in a ground-breaking trial, which is giving locals from across Western Australia (WA) the chance to test drive an electric vehicle (EV), for an entire week. RAC’s EV for a Week trial is providing 50 members with the opportunity to […]
New research from ICMIF Supporting Member Gallagher Re’s Climate and ESG Centre of Excellence has led to the creation of a carbon portfolio benchmarking tool to help underwriters identify hot spots of high carbon emissions within specific geographical regions and industry sectors. Gallagher Re notes that, while overall greenhouse gas (GHG) emissions in Europe dropped […]
During his closing speech at the Desjardins Group (Canada) annual general meeting (AGM) on Saturday 25 March 2023, President and CEO Guy Cormier of the ICMIF member company reaffirmed his belief that the cooperative model is more relevant than ever. Knowing the economy is currently a concern for many people in Canada, Desjardins has reached […]