To respond to a constantly evolving market and the demands of its customers and brokers, Argentinian ICMIF member Seguros Rivadavia has launched an impressive range of insurance products with different levels of cover designed to respond to the needs of bicycle users. The new range of products will be actively marketed throughout Argentina. These new […]
Read MoreInsurers were able to secure sufficient reinsurance capacity at the 1 July and 1 June renewals supported by adequate reinsurance capital. The remarkable recovery in investment markets allied with investors’ appetite to support additional capital and debt offerings and reinsurers own prudent risk and cost management has seen capital levels return to being only 5% […]
Read MoreAccording to a recent Best’s Special Report, Stress Testing Rated Companies for COVID-19 published by ICMIF Supporting Member AM Best in May 2020, initial stress testing conducted by the rating agency to gauge the preliminary impact from the COVID-19 pandemic on its rated insurance companies’ financial strength found that most insurers’ capital levels provided an […]
Read MoreThe Philippines experiences about 20 typhoons every year. The island of Mindanao is home to Oro Integrated Cooperative (OIC) and Nabunturan Integrated Cooperative (NICO), two savings and credit cooperatives that are currently partnering with local ICMIF member CLIMBS Life and General Insurance Cooperative (CLIMBS) and the International Labour Organisation (ILO) to support an ILO project […]
Read MoreSustainability and the United Nations (UN) Sustainable Development Goals (SDGs) are the focus of a new ICMIF/Americas Working Group which was launched on 16 June 2020. The Working Group’s members currently consists of 18 executives from 14 ICMIF member companies, based in countries ranging from Central America to Argentina. Defined by the United Nations as […]
Read MoreThe International Day of Cooperatives 2020 will be celebrated on Saturday 4 July with the theme this year of Cooperatives for Climate Action. The International Cooperative Alliance (ICA) and other cooperative bodies including ICMIF are inviting the global cooperative and mutual community to continue pushing for actions that will address climate change. This critical situation […]
Read MoreAs the millennial and Gen Z generations continues to enter the workforce in vast numbers, it is crucial for mutual and cooperative insurers to position their unique business model as a factor in them being seen as “employers of choice” and to remain relevant for future generations. A new report from the International Cooperative and […]
Read More