Latest news from the sector

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

CLIMBS celebrates its cooperative identity and heritage at virtual event with Rochdale Pioneers Museum in Manchester, UK

During a virtual event in October, ICMIF member CLIMBS Life and General Insurance Cooperative unveiled a memento that would be displayed in the new CLIMBS’s Philippines Corner at the Rochdale Pioneers Museum in Manchester, UK. This is recognition to all Filipino cooperators and cooperatives and cemented its place in history at the birthplace of the […]

Royal London is first mutual company to use Pawprint for Business as part of its climate change commitments

ICMIF member Royal London Group (UK) was the first mutual insurance, pensions and investment company to roll out Pawprint for Business to all employees as part of its climate change commitments and net zero targets. The mutual announced the roll out of Pawprint in late November 2021. Pawprint for Business helps businesses to unite, engage […]

Folksam extends its partnerships with Honda and used car company Riddermark Bil

As part of offering their customers a safe and smooth start to car ownership, both Honda and Riddermark Bil have this week announced that they have chosen to extend their partnerships with Swedish ICMIF member Folksam. The cooperation agreements mean that both Honda’s and Riddermark’s customers are offered a favourable car insurance which carries the […]

Co-operators champions the next generation of Canadian cooperative leaders with newly launched Co-operators Young Leaders Award

ICMIF member Co-operators (Canada) has today announced the launch of the “Co-operators Young Leaders Award”. Created in collaboration with another ICMIF member Co-operatives and Mutuals Canada (CMC), the new development and award programme aims to support young Canadian cooperative changemakers who have been identified as future sector leaders. Applications are open now for young cooperators […]

World Cooperative Monitor 2021: 10 years of exploring the cooperative economy

The annual global research report on cooperatives produced by the International Cooperative Alliance (ICA) with the scientific support of Euricse is now available with insurance again topping the sectoral ranking and ICMIF member IFFCO (India) announced as first in the Top 300 ranking of cooperatives. The 10th annual World Cooperative Monitor (WCM) report was published […]

AVBOB continues to support victims of gender-based violence through partnership with TEARS Foundation in South Africa

As part of its ongoing contribution to the national fight against gender-based violence (GBV) and femicide in South Africa, ICMIF member AVBOB has extended its partnership with the TEARS Foundation for another year to support the TEARS Help-at-your-fingertips® helpline. By driving awareness around such a pervasive societal challenge, and to enable people to speak up, […]

Ecclesiastical’s Education Risk Barometer will help brokers talk through the top risks facing education clients

Specialist education insurer and ICMIF member Ecclesiastical (UK) has launched its latest Education Risk Barometer to help brokers talk to education clients about the biggest risks they face in the short, medium and long-term. The Education Risk Barometer 2021 explores the top risks within the education sector and focuses on key areas of concern including […]

NTUC Income makes first foray overseas with offer of Insurance-as-a-Service in Southeast Asia

ICMIF member NTUC Income (Income), a leading composite insurer in Singapore, has recently announced its first overseas foray into three Southeast Asian markets through strategic partnerships with PT Central Asia Financial (JAGADIRI) in Indonesia, Post and Telecommunication Joint Stock Insurance Corporation (PTI) in Vietnam and VSure Tech Sdn. Bhd (VSure) in Malaysia. These strategic alliances […]

Gore Mutual donates CAD 150,000 to Canadian Red Cross to support those affected by BC floods

As the extreme flooding continues to affect British Columbia in Canada, ICMIF member Gore Mutual Insurance Company (Gore Mutual) has announced that it is donating CAD 150,000 to the Canadian Red Cross to support disaster relief efforts in the province. The funds will go towards the Canadian Red Cross’ British Columbia Floods and Extreme Weather […]

Strong growth forecast for global insurance markets as demand for risk protection increases, says Swiss Re Institute

Swiss Re Institute’s latest sigma study forecasts the global insurance industry to reach a new record in global premiums by mid-2022, exceeding USD 7 trillion. This comes earlier than ICMIF Supporting Member Swiss Re estimated in July and reflects rising risk awareness, increasing demand for protection and rate hardening in non-life insurance commercial lines. The […]

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