ICMIF member LocalTapiola (LähiTapiola, Finland) is continuing its growth strategy and has agreed to acquire a 70% majority stake in Suomen Vahinkovakuutus Oy, better known as POP Insurance. LocalTapiola says the acquisition will further strengthen the mutual insurer’s ability to serve its customers who prefer digital channels for their insurance needs. The agreement also gives […]
The cashback programme of German ICMIF member R+V Versicherung rewards members of cooperative banks who have concluded a Member-Plus contract. The programme was launched in 2020. If the Member-Plus community of a cooperative bank has a favourable claims experience, then R+V Versicherung reimburses up to ten percent of the insurance premiums which is paid back […]
ICMIF member the Japan Cooperative Insurance Association Incorporated (JCIA) has recently published the English version of its annual Kyosai in Japan Fact Book. JCIA is a general incorporated association in Japan, which was established for the purpose of promoting coordination among member societies and contributing to the development of cooperatives and cooperative insurers. The main […]
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 […]
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, […]