Latest News

Wednesday, 23 May 2018

Securian Financial is the new name for the US-based life insurance/financial services company and ICMIF member formerly known as Securian. This week saw the addition of the word "Financial" as part of a rebranding and marketing campaign aimed at reaching consumers directly. The company’s new brand campaign celebrates putting family first and enjoying life’s everyday moments.

The 138-year-old company, known for decades as Minnesota Mutual Life Insurance, has unveiled a new Securian Financial logo and launched a national advertising campaign that will include advertisement spots on mainstream US television including during the...

Monday, 21 May 2018

In this A.M.BestTV episode from the Meeting of Reinsurance Officials (MORO) conference in Montreal in April, a panel of cyber-risk experts discussed where insurers are in using data to create and price cyber products, and say that clients care about much more than financial indemnity. Click here to view the entire programme. James Latham, Divisional Director at ICMIF Supporting Member organisation Willis Re, discussed the uniqueness of cyber products. “There are a number of reasons why cyber is a unique exposure; however, I think the most important is that cyber insurance is much more than just an indemnity product,” said Latham. “...

Friday, 18 May 2018

A unique report on mutual and cooperative microinsurance in the Philippines has been published today by the International Cooperative and Mutual Insurance Federation (ICMIF) and Microinsurance MBA Association of the Philippines, Inc (also known as RIMANSI).

The report, entitled Mutual and Cooperative Microinsurance in the Philippines: A Landscape Study, was conducted as part of the ICMIF 5-5-5 Mutual Microinsurance Strategy. The 5-5-5 Strategy aims to provide mutual microinsurance solutions to 5 million low-income households, in five emerging markets over the next five years. The Philippines is one of the five selected countries (...

Friday, 18 May 2018

On 25 and 26 April, Argentina hosted the Making Global Goals Local Business – Argentina event organised by the Argentina Global Compact Network and the office of the United Nations Global Compact (New York). A delegation from ICMIF member the Sancor Seguros Group attended the event with Néstor Abatidaga, Corporate Director General, participating in the panel discussion "Integrating human rights into the sustainability strategy of companies", moderated by Lise Kingo, CEO and Global Executive Director of the United Nations Global Compact.

 

The event took place in Buenos Aires with more than 500 local and global leaders...

Wednesday, 16 May 2018

ICMIF's Young Leaders Forum will hosts its first webinar for millennial/Gen Y employees of member companies on Thursday 14 June at 3pm (BST/UK time). The title of this webinar will be "Driving innovation to transform your business” and will focus on how mutual/cooperative insurers are driving transformational innovation and engaging their millennial talent in this change.

The webinar will feature the unique perspectives of three young leaders from ICMIF members in Canada, Switzerland and the USA. Several case studies on successes and challenges will be shared in an effort to inspire fellow young professionals in how they can impact...

Monday, 14 May 2018

Equipping your people with the latest insights and tools to make strategy happen in conditions of uncertainty and complexity: there has never been a more critical time for mutual and cooperative insurers ensure that their senior managers and executives are able to keep up with the fast-moving insurance industry. One of the ways that ICMIF members can do this is to send members of their teams to attend the ICMIF Advanced Management Course (AMC). The ICMIF AMC usually takes place at least twice a year and in diverse locations around the world to enable more ICMIF member companies to send delegates to take part in the course.

This...

Friday, 11 May 2018

In this A.M.BestTV episode from the Meeting of Reinsurance Officials (MORO) conference in Montreal last month, a panel of insurance and reinsurance executives discuss the increasing role reinsurance is playing in how insurers, particularly mutual insurers, are managing their risks. Click here to view the entire programme.

The panellists spoke about the role of mutual insurers in the 21st century.

“Technology is helping mutual companies grow and expand their product offerings. Technology has given mutuals the capital and stability to actually take additional risks,” said Samuel Broomer, Executive Vice President & Chief...

Thursday, 10 May 2018

FIAR - the International Insurance & Reinsurance Forum takes place from 13 to 16 May 2018 in Bucharest, Romania. The Forum is one of the most important CEE & CIS spring events dedicated to the insurance, reinsurance and private pensions markets. This will be the 21st time that the event takes place and, as usual, it will gather together representatives of all major European insurance and reinsurance companies.

The challenges, but also the opportunities in the local and regional insurance market, along with the trends and expectations for 2018 will be analysed on Monday14 May during the FIAR Insurance Market Trends...

Wednesday, 09 May 2018

In this A.M.BestTV episode from the ICMIF Meeting of Reinsurance Officials (MORO) conference in Montreal last month, a panel of insurers, reinsurers and brokers said 2017’s catastrophes brought temporary uncertainty to the market, but there’s been little slowdown in reinsurers’ pricing wars. Click here to view the entire programme.

A conference-related survey found that a consensus believes the reinsurance market is unsustainable, while 62% of attendees said that they would rather be a buyer of reinsurance than a provider.

“When I first saw that figure, I was surprised since I definitely did not feel that way during the last...

Wednesday, 09 May 2018

A coalition of non-profits, provincial governments and ICMIF member The Co-operators came together this month to support Canada-wide action to make communities 'FireSmart'

On 5 May 2018 municipalities across Canada joined a national effort to reduce wildfire risk to local homes and environments in anticipation of this year's wildfire season.  

A total of CAD $47,000 was awarded to 94 successful community applicants across Canada for Wildfire Community Preparedness Day. This annual, national program was launched by FireSmart Canada in collaboration with The Co-operators, National Fire Protection...

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