Latest news from the sector

Read and share inspirational stories collected from across the ICMIF membership.

Beneva and Gore Mutual complete merger in Canada

ICMIF members Beneva and Gore Mutual have announced the official completion of their merger, marking an important milestone for the mutual insurance sector in Canada. The merger became effective on 1 January 2026, following the initial announcement of the two organisations’ intention to merge in January 2025. All required legislative and regulatory approvals have now […]

Ayr Farmers Mutual commits to long-term community investment in Ontario

Ayr Farmers Mutual Insurance Company, an ICMIF member in Canada, has announced a significant long-term investment in a local community facility, demonstrating how the company’s mutual insurance model drives the desire for sustained community impact. Ayr Farmers Mutual has committed to a 40-year partnership with the Township of North Dumfries, securing naming rights for the […]

NFU Mutual Charitable Trust funding delivers GBP 1.2m to good causes

The NFU Mutual Charitable Trust donated GBP 1.2million to 28 good causes in 2025. The funding will help provide rural poverty relief, support small farming businesses to thrive, educate and mentor young people, and strengthen social welfare for rural communities. Founded in 1998, the NFU Mutual Charitable Trust works to promote and support charities in […]

Insured natural catastrophe losses to surpass USD 100 billion in 2025

Insured losses from natural catastrophes will exceed USD 100 billion in 2025, according to new estimates by the Swiss Re Institute, the research arm of ICMIF Supporting Member Swiss Re. The Institute estimates total insured losses in 2025 at USD 107 billion, a 24% decrease from the USD 141 billion recorded in 2024. The Institute […]

The ICMIF Foundation celebrates a decade of impact: protecting lives and livelihoods through the power of mutual solidarity

The ICMIF Foundation celebrates a decade of impact – protecting the lives and livelihoods of underserved communities through the power of mutual solidarity. On 11 November 2025, the ICMIF Foundation marked ten years of service to the global community of mutuals and cooperatives, advancing financial and social protection through mutual microinsurance among the most vulnerable […]

ICMIF announces Microsoft as a Supporting Member

The International Cooperative and Mutual Insurance Federation (ICMIF) is proud to announce Microsoft’s membership, marking a significant step forward in its commitment to empowering the global mutual and cooperative insurance sector through advanced technology and collaborative innovation. By joining ICMIF, the sole global representative of the mutual/cooperative insurance sector, uniting purpose-driven insurers worldwide to strengthen […]

ICMIF Foundation webinar showcases lessons learnt and impact from Insurance Innovation Challenge (IIC) project partners

The ICMIF Foundation recently convened project leaders of the UNDP ICMIF Insurance Innovation Challenge (IIC) for a virtual webinar, to share the progress, lessons, and impact of their scaling-up initiatives. The IIC supports mutual and cooperative insurers in developing economies to scale innovative, affordable, and inclusive insurance products that address the needs of underserved households […]

UK regulator launches Mutuals Landscape Report and Mutual Societies Development Unit

Mutual insurers manage the savings, pensions, protection and healthcare needs of over 26 million people in the UK and Ireland, according to a recent report by the Financial Conduct Authority (FCA). Released on 5 December, the Mutuals Landscape Report also points out that mutual insurers in the UK and Ireland collect a joint annual premium […]

Grupo San Cristóbal receives Golden Eikon award for Bahia Blanca floods response

Grupo San Cristóbal (Argentina) was one of the big winners at the recent Eikon Awards in Buenos Aires, taking home the Golden Eikon in the Issues Management category. In their 28th edition, the Awards recognise organisations that demonstrate excellence in institutional communication. Grupo San Cristóbal was praised for its response to the Bahía Blanca floods […]

Gallagher Re report looks at Artificial Intelligence (AI) in the insurance industry

A new report by ICMIF Supporting Member Gallagher Re found that 74.8% of insurance technology (insurtechs) funding went to AI-centred companies in the third quarter of 2025 (Q3 2025). The report, which forms part of Gallagher Re’s 2025 series of Global InsurTech series, examines the role of Artificial Intelligence (AI) in the industry, exploring its […]

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