Last month, ICMIF member the Business Council of Co-operatives and Mutuals (BCCM) in partnership with its members, launched Australia’s first cooperative development fund to provide targeted legal, financial and governance advice. Early-stage for-purpose businesses that have members (not shareholders) can now apply to the fund to help grow their social enterprise. The Bunya Fund was […]
A highly complex risk environment caused by influences within and outside of the sector, coupled with the evolving dynamics of a hardening market, are generating significant volatility within the reinsurance sector, yet there is much to inspire confidence amongst (re)insurers. This is according to panelists at a recent virtual media briefing “Materialising possibilities” hosted by […]
According to the latest sigma study, “Maintaining resilience: the role of P&C insurers in a new world order” from the Swiss Re Institute, the COVID-19 pandemic and the war in Ukraine have exacerbated deglobalisation, creating an environment where concerns about supply chain resilience, energy and food security prevail. “Friend-shoring” of supply chains to allied countries […]
Dutch ICMIF member Univé has announced that it now provides more extensive insurance cover for businesses for the consequences of fires involving solar panels. In the agricultural sector in particular, the cooperative insurer is seeing a growing interest in generating and using solar energy. As the use of solar panels grows there is an increase […]
Australian ICMIF member RAC has unveiled plans to launch the most comprehensive air quality monitoring network in the country, with Perth joining cities such as London, Paris and Los Angeles in the use of world-leading technology. The RAC Air Health Monitor will be powered by hundreds of sensors, showing hour-by-hour changes to the air quality […]
ICMIF Supporting Member Gallagher Re has published its Reinsurance market report for half-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. The key findings of the report are: Global reinsurance dedicated capital totalled USD 647 billion at half-year 2022, […]
Thanks to funding from ICMIF member IPB Insurance, Rethink Ireland last month announced the eight Awardees of its Social Enterprise Development Fund and 20 Awardees of its Social Enterprise Start-Up Fund. These Funds aim to support and develop social enterprises across Ireland that work primarily to improve the lives of people and communities. Rethink Ireland […]
There are less than two months to go until the start of the ICMIF Centenary Conference (25-28 October 2022) in Rome (Italy) – the place that ICMIF was founded 100 years ago. The ICMIF Centenary Conference – hosted by the Unipol Group, one of our founding members – will stimulate original ideas for better business […]
ICMIF Supporting Member Guy Carpenter has launched a new podcast series, Fo[RE]sight. Guy Carpenter’s goal for this series is to bring to listeners unmatched insights on trending challenges and solutions, delivered by specialists from Guy Carpenter and other organisations on the forefront of thought leadership developments in the reinsurance industry. The first two episodes (which […]
Swiss ICMIF member Vaudoise Assurances has announced its support for the “Future of Health Grant”. The Future of Health programme was launched by CSS (a Swiss insurance group) and EPFL Innovation Park and its aim is to help start-ups specialising in digital health to stimulate innovation by providing them with the resources and the necessary […]