International reinsurance renewals completed for 1 April 2021 followed trends set earlier in the season, as market pricing remained firm in virtually all classes and territories. Capacity was adequate across the board, and no substantive changes took place in negotiations over exclusionary language, according to the latest 1st View renewals report from ICMIF Supporting Member […]
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With its “Sport Planète” (Sport Planet) initiative, French ICMIF member MAIF says it is taking part in the development of a virtuous circle of actions around three priority areas: helping sports organisations pilot their eco-responsibility; favouring the training of professionals from the sports world on the appropriation of good practices; and raising awareness among the […]
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According to the latest sigma report from the Swiss Re Institute, insured losses from all of last year’s disaster events around the world were USD 89 billion which the Institute says is the fifth highest on sigma records. The report’s findings show that global insured losses from natural catastrophes were USD 81 billion in 2020 […]
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A brand-new knowledge centre will help ICMIF member LB Forsikring, Denmark’s largest member-owned insurance community, find solutions that can help the company’s more than 400,000 members prevent injuries, damages or loss before they happen. The Knowledge Centre for Prevention is the name of LB Forsikring’s new initiative that will help the mutual insurer towards its […]
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ICMIF member Gore Mutual (Canada) is currently in the midst of an ambitious transformation programme that will take the organisation from a mid-size, regional carrier to a national scale insurer underpinned by best-in-class technology and operating models in only a few short years. As part of the company’s large-scale transformation, Gore Mutual seeks to further […]
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ICMIF member R+V Versicherung (Germany) has announced the transfer of around EUR 10 million to its Membership Plus customers as a premium refund. Membership is rewarded according to the cooperative insurer. Around 273,000 R+V customers enjoyed a premium refund in March. Anyone who is a member of the cooperative can become part of the R+V […]
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Canadian ICMIF member The Co-operators has announced that it has earned a spot on the 2021 Report on Business Women Lead Here list, an annual editorial benchmark to identify best-in-class executive gender diversity in corporate Canada. Established in 2020 by Report on Business magazine, the Women Lead Here initiative applies a proprietary research methodology to […]
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ICMIF member Royal London (UK) has announced that it will share GBP 146 million with eligible customers through its ProfitShare allocation. Each year, Royal London aims to boost its customers’ retirement savings by adding a share of its profits to their plans. Despite the impacts of the pandemic, Royal London was able to demonstrate its […]
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ICMIF member Simplyhealth, a provider of health plans across the UK, has achieved Carbon Neutral + status from March 2021 for 12 months with Carbon Footprint Ltd. The status was achieved by cutting carbon emissions and then offsetting the remaining emissions whilst supporting three international energy efficiency projects aimed at helping communities in other parts […]
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New Länsförsäkringar research project on artificial intelligence as a tool in responsible investment
How can artificial intelligence, AI, contribute to the work of responsible investment? That was the main question when ICMIF member Länsförsäkringar’s Research Fund (Länsförsäkringar Forskningsfond) started its research project “ESG prediction”. The research examines how AI could be used as a tool to handle unstructured sustainability information and contribute to the investment process within Länsförsäkringar […]
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