In its 2022 financial results announcement this week, UK ICMIF member Royal London reported that it had added a total of GBP 675m over the last two years to its long-standing customers’ policy values as a result of its closed with-profits fund consolidation programme, which is now complete. The mutual insurer also announced that its […]
On International Women’s Day, the United Nations Development Programme (UNDP) through its Insurance & Risk Finance Facility (IRFF) and the ICMIF Foundation today launched the Call for Applications for the Insurance Innovation Challenge (IIC) Fund to promote innovative mutual insurance schemes to better protect the most vulnerable in developing countries, with a particular focus on […]
Foundera, a new subsidiary from Swiss ICMIF member La Mobilière, offers all the services needed to become professionally independent and to set up a company. The subsidiary was developed to help people navigate the numerous questions that arise on the path to professional independence. For example, entrepreneurs have to decide which legal form to choose, […]
Earlier this year, ICMIF member Thrivent (USA) announced that it will distribute USD 400 million in dividend payments and credited rate enhancements to its clients in 2023. This year’s dividend payout marks a 37% increase over 2022, signifying how Thrivent is continuing to return value to its clients. As a not-for-profit, fraternal benefit organisation, Thrivent […]
In pursuit of instilling a culture of reading and contribute to improving numeracy skills of primary school children across South Africa, ICMIF member AVBOB has this week launched Year 2 of the AVBOB Road to Literary Trolley Library campaign in partnership with Oxford University Press. The campaign will give away 260 trolley libraries equipped with […]
Following increasing numbers of severe thunderstorms, heavy rain or floods in Germany and in order to protect its customers from the consequences of extreme weather, ICMIF member R+V Versicherung (R+V) has significantly expanded its insurance cover for natural hazards. Climate change is increasing the risk of severe storms and R+V says no region is safe […]
In 2023, Australian ICMIF member, the BCCM (Business Council of Co-operatives and Mutuals) is celebrating its ten year anniversary. The BCCM says this is not only a coming of age for Australia’s first cross-sector advocacy body for cooperatives and mutuals, the last decade also represents an epoch-making time for the movement in Australia. The BCCM […]
With the rise in energy bills in the UK; food prices reaching a historic high; and the cost-of-living crisis in general, ICMIF member OneFamily decided it wanted to help people in local communities. As a mutual society, OneFamily says it is committed to taking action to help local communities. It has therefore partnered with food […]
ICMIF member Ömsen’s Security Package has now been installed in over 5,000 houses, making everyday life safer for many people living in the Åland province of Finland (the autonomous province which the company serves) since 2015. As a result, Ömsen’s costs for stove fires and water damage have decreased as well as the costs for […]
Community event spaces, play areas and streetscape activations are among ten projects sharing in nearly AUD 780,000 in funding, in the latest round of Australian ICMIF member RAC’s Reconnect WA initiative. Members of the mutual played a part in selecting the funding recipients by casting a vote on their favourite project. This year is the […]