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 […]
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 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 […]
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 […]
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 […]