In response to the coronavirus pandemic, ICMIF member San Cristóbal Seguros (Argentina) has launched a virtual medical platform for its policyholders.  This new digital channel deals with clinical and paediatric medical consultations helping relieve the workload of medical centres. The service offers medical consultations by videoconference and if required, immediate attention from qualified clinical doctors and paediatricians, […]
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SEWA is working to alleviate devastating impact of COVID 19 on informal and migrant workers in India
In India, SEWA (Self Employed Women Association) reports that the Coronavirus pandemic is having devastating effects on the lower income population and, in particular, migrant workers. Mirai Chatterjee, Board Member at ICMIF member, VimoSEWA (the insurance arm of SEWA) says: “The impact on informal and migrant workers has been devastating. Migrants who have no food and no money are […]
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When considering the spread of the COVID-19 pandemic in India local ICMIF member The DHAN Foundation observed two major impacts in Indian society. One was on health of the individuals that were affected by the COVID-19 virus and the other was the impact on the livelihoods of poor and marginal workers, mostly daily wage earners and small/micro […]
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ICMIF member CLIMBS (Philippines) has initiated a number of actions to support its members, employees and the general public during the COVID 19 pandemic. CLIMBS CARES (Community Action Response and Emergency Services) was launched to assist communities in the distribution of potable drinking water and sanitation purposes, including a hotline for its cooperative members and the general public. […]
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In late March, ICMIF member Achmea (Netherlands) announced that it would grant voluntary and paid leave to employees of the cooperative insurer who had previously worked in the healthcare sector to allow them to support the Dutch healthcare system during the Coronavirus pandemic. Achmea employees that are registered with the Dutch healthcare professionals register (BIG-register) – or […]
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Helping people and communities through the COVID-19 Pandemic In response to the COVID-19 pandemic, Canadian ICMIF member The Wawanesa Mutual Insurance Company (Wawanesa Insurance) announced a CAD 100,000 donation to food banks in Canada and the United States. “As we continue to experience the broad impacts of the COVID-19 pandemic across our communities, we’ve learned of the […]
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ICMIF member Indian Farmers Fertiliser Cooperative Limited (IFFCO) announced that it has donated INR 25 Crores (USD 3.2 million) to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund). The fund will be used for combating, containment and relief efforts against the coronavirus (COVID-19) outbreak in India. Prime Minister Narendra […]
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Last week, Swedish ICMIF members Länsförsäkringar and Folksam announced that they both made additional investments in social bonds to counteract the social and economic effects of the Covid-19 (coronavirus) pandemic. This follows a combined investment of SEK 1 billion (USD 100 million) from the two insurers last month in a social bond issued by the International Finance Corporation (IFC), part of […]
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In an effort to continue to support its members and clients, ICMIF member Desjardins General Insurance Group (Canada) is offering discounts on auto insurance premiums for personal and business clients who are staying at home during the COVID-19 pandemic. Nearly everyone is driving their vehicles less, and Desjardins General Insurance says it wants to acknowledge this fact. […]
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ICMIF Supporting Member AM Best is maintaining its market segment outlook for the global reinsurance industry at stable despite the volatility and uncertainty created by the COVID-19 virus outbreak. According to the new Best’s Market Segment Report, titled Market Segment Outlook: Global Reinsurance, global reinsurers remain well-capitalized and the industry remains resilient, with a long history of innovative and prudent risk […]
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