New Supporting Member of ICMIF, Descartes, has been selected to provide digital risk insurance to the French Senate, the upper house of the French Parliament through the Descartes Insurance side of the organisation. The contract was awarded following a public tender process and will see Descartes Insurance provide cover through its Cyber Shutdown Cover solution, […]
Swedish ICMIF member Folksam has highlighted the impact of its Competitiveness Programme as a key development in 2025, pointing to streamlined processes, reduced costs and strengthened long-term sustainability across the business. While the Folksam Group reports improved profitability and total assets under management of SEK 999 billion for the year, the organisation has placed particular […]
ICMIF will hold its first-ever AI Summit on 19 May 2026 in London, bringing together mutual and cooperative insurers to explore the strategic and practical implications of artificial intelligence for the sector. Hosted at Microsoft’s Paddington offices and delivered in collaboration with the global technology company – one of ICMIF’s newest Supporting Members – the […]
ICMIF has warmly welcomed Reale Mutua (Italy) to its global Federation of mutual and cooperative insurers, following the organisation’s decision to join as a full member from 2026. The Turin-based insurer’s move marks an important milestone both for Reale Mutua and for ICMIF’s growing international network, reinforcing the Federation’s reach across Europe and its role […]
ICMIF Supporting Member QBE Re has completed its debut casualty sidecar, achieving a transaction size of more than USD 550 million in fully collateralised quota share reinsurance. Backed by institutional investors Culpeper Capital Partners and Calidris Investment Partners, as well as global specialty reinsurer Compre, the transaction will enhance QBE Re’s capital flexibility and provide additional […]