ICMIF member Thrivent (USA), announced this week it has crossed a significant generosity milestone, successfully raising USD 1 billion in funds for communities across the country through one million client-led volunteer teams, also known as Thrivent Action Teams. Over 90 million hours of community service have been contributed since the programme commenced. Thrivent Action Teams […]
Yesterday, 18 April 2023, the United Nations adopted the first-ever Resolution on promoting the social and solidarity economy for sustainable development during its General Assembly. The resolution includes a definition of the social and solidarity economy (SSE) as “enterprises, organisations and other entities engaged in economic, social and environmental activities which serve the collective and/or […]
Canadian ICMIF member Beneva, along with SSQ and La Capitale mutuals, has announced a pledge of a yearly amount of CAD 300,000 for 2023 and 2024 to SOCODEVI. In addition to supporting SOCODEVI’s mission, which is to concretely and sustainably improve living conditions in developing nations, Beneva says its aim is for this money to […]
ICMIF member African Risk Capacity Limited (ARC Ltd, South Africa) has appointed one of ICMIF’s Supporting Members, Gallagher Re, the global reinsurance broking and advisory firm, as its reinsurance broker and risk advisor. ARC Ltd is a specialist insurance company which provides parametric insurance cover to African countries against climate and disaster risk. Speaking about […]
Sustainable action is a matter of course for German ICMIF member R+V Versicherung. The cooperative insurer has announced this week that it has joined the Net-Zero Asset Owner Alliance – a global alliance of the some of the largest pension funds and insurers which are committed to a climate-neutral investment policy. R+V says its responsible […]
French ICMIF member MAIF and its subsidiaries MAIF Solutions financières, Altima Assurances, SMACL Assurances and MAIF VIE, have created national support framework agreements with the French Ministry of the Interior and Overseas Territories to encourage the mobilisation of salaried volunteer firefighters, and to ease the conditions for employees across the mutual organisations to take up […]
ICMIF member FMG (Farmers Mutual Group), has been busy settling claims and making emergency payments following the recent extreme weather conditions experienced in New Zealand. FMG’s CEO Adam Heath (pictured) has been reassuring members and clients that the mutual insurer can handle the aftermath of Cyclone Gabrielle and the wider North Island storms. Speaking last […]
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 […]