Latest news from the sector

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

Folksam’s life company refunds USD 32 million of surplus to customers

Swedish ICMIF member Folksam Liv (Life) has announced this week that it will be sending out refund notices to 600,000 customers. In total, they will share close to SEK 286 million (USD 32.2 million) with its members. The refund will be paid to certain policyholders who have life cover through their membership of certain trade […]

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Achmea Innovation Fund invests in reforestation company to help achieve climate objectives

The Achmea Innovation Fund has announced today that it is taking a significant non-controlling interest in Land Life Company and as a result will become the largest external investor in this reforestation company. In this way, Achmea’s fund will be supporting Land Life Company’s mission to help restore two billion hectares of degraded land around […]

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Ten UK charities to receive share of £500,000 as part of Ecclesiastical’s Movement for Good awards

Ten charitable causes from across the UK have each been selected for a £50,000 gift as part of Ecclesiastical Insurance’s Movement for Good awards. The awards, set up by specialist insurer and ICMIF member Ecclesiastical, have seen a total of £1million given to charities across the UK this summer. Five hundred charities were already awarded […]

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Which? Awards name NFU Mutual as Insurance Brand of the Year

ICMIF member NFU Mutual (UK) has been named as the 2020 Which? Award winner for Insurance Brand of the Year this week. NFU Mutual has also been named a Which? Recommended Provider for home and car insurance for ten consecutive years and says that it owes its success to its people. Chief Executive of NFU […]

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The Co-operators makes one million dollars in capital available for Canadian cooperatives evolving to respond to changing economy

Through Co-operators Community Funds, Canadian ICMIF member The Co-operators is reinforcing ongoing cooperative sector support by making CAD 1 million in patient capital available through its newly launched Co-op Impact Program. The focus of the Program is to support small and medium-sized cooperatives as they adapt in a shifting economic landscape in the wake of […]

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The state of the US mutual insurance industry is strong, says latest market analysis from NAMIC

The United States mutual insurance industry remains financially strong despite the tumultuous first half of 2020 and well positioned for the future, according to the third annual market performance analysis released in September by ICMIF member the National Association of Mutual Insurance Companies (NAMIC, USA) and Aon, a global professional services firm providing a broad […]

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Río Uruguay Seguros promotes inclusivity in the workplace and the development of insurance cover for LGBTIQ people

Argentinian ICMIF member Río Uruguay Seguros (RUS) has launched an initiative that seeks, through training, to achieve the greater financial and social inclusion by providing long-term job opportunities. In addition, the company seeks to generate new products and insurance cover that specifically meet the needs of LGBTIQ people. Reaching a comprehensively more sustainable community is […]

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NFU Mutual announces retirement of Group Chief Executive Lindsay Sinclair

UK ICMIF member NFU Mutual has announced that Group Chief Executive Lindsay Sinclair will retire at the end of March 2021 after more than 12 years in the role. Lindsay will be succeeded by current Sales and Agency Director, Nick Turner. Subject to regulatory approval, Nick will take up the position of NFU Mutual Group Chief […]

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Simplyhealth launches a new brand campaign highlighting the importance of community health

ICMIF member Simplyhealth, one of the UK’s leading healthcare plan providers, has launched a powerful new brand campaign that expresses the mutual’s long-held belief in communities coming together to improve health for all. The heartfelt campaign tells the story of a local community coming together to fund raise for Ferris, a young boy who has […]

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CEOs of Securian Financial and Thrivent share their career insights with interns in joint virtual Q&A session

As part of their 2020 internship programmes for college students, two US-based ICMIF members combined to host a joint virtual session involving their CEOs and the interns. Chris Hilger, President and CEO of Securian Financial, and Terry Rasmussen, President and CEO of Thrivent, participated in a unique Q&A session and breakout discussions with interns at […]

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