The global insurance-linked securities (ILS) market remains saddled with prior catastrophe losses, a decline in assets under management for some prominent ILS funds and a drop in the overall performance of ILS funds despite another year of a record catastrophe bond issuance, according to a new report from ICMIF Supporting Member AM Best. The Best’s […]
ICMIF Supporting Member Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), has received two awards at Insurance Asset Risk’s UK & Europe Awards 2022, being recognised in the ‘Stewardship initiative of the Year’ and ‘Climate Mitigation Investment Initiative of the Year’ categories. In being presented with the ‘Climate Mitigation Investment Initiative of […]
ICMIF member Länsförsäkringar has been announced as having the top ranking for the insurance industry in the Swedish Sustainable Brand Index™ 2022 results. This is the fifth time the mutual insurer has been in first position in this survey since 2011. Sustainable Brand Index™ is Europe’s largest independent brand study on sustainability, including over 1,500 […]
Today, ICMIF member NFU Mutual (UK) has announced a GBP 150,000 donation to support communities affected by the crisis in Ukraine. The emergency donation will be made through the NFU Mutual Charitable Trust, an independent charity set up to support charitable initiatives. The Trust will be making its donation to the UK Disasters Emergency Committee’s […]
Desperate people are fleeing the war in Ukraine every day, and more and more are finding shelter in Germany. In response to this, German ICMIF member R+V Versicherung is supporting the volunteers who are working to help refugees and the refugees themselves with non-contributory insurance cover. The willingness to help amongst people in Germany is […]
ICMIF Supporting Member Swiss Re has partnered with Singapore-based ICMIF member NTUC Income (Income) on the first longevity arrangement of its kind in Singapore. This partnership will help shield Income from future variations in its annuity book, by sharing with Swiss Re any future payments to annuitants who live beyond their age expectancy. The long-term […]
ICMIF member Royal London (UK) announced last week that its customers will continue to share in the success of the mutual through an increase in its ProfitShare allocation. As part of the announcement of its annual results for 2021, Royal London said its ProfitShare allocation to 1.8 million eligible customers would increase by 15.8% to […]
The United Nations Observance of International Women’s Day (IWD) will be held virtually on 8 March 2022 (10.00 am to 11.30 am EST) with the theme this year being “Gender equality today for a sustainable tomorrow”. According to the UN, the year 2022 is pivotal for achieving gender equality in the context of climate change, […]
Swedish ICMIF member Folksam‘s President and CEO Ylva Wessén has been named the 20th most powerful woman in the business world in Sweden. Today, on International Women’s Day, Dagens Industri presented its annual list of the 125 most powerful women in business in Sweden. Speaking about the award, Ylva Wessén said: “I am of course […]
Last year, CAMIC, a Canadian ICMIF member and association of mutual insurers in Canada, launched an appeal to its members to ask them to support Indian ICMIF member and ICMIF Foundation project partner the DHAN Foundation in its work supporting local communities during the COVID-19 pandemic. CAMIC members that have pledged their support to the […]