Europe

Today, 30 November 2016, Helen Sheppard, AMICE Deputy Secretary General, will take part in a workshop on the external dimension of Social Economy at the International conference on Social Economy under the auspices of the Slovak Presidency of the EU Council currently being held in Bratislava. Her intervention will focus on the mutual and cooperative insurance sector and the specificities of...

Social dialogue is more relevant than ever, reflecting the pace of change and increased uncertainty as a result of technological advances, according to a joint declaration on the social effects of digitalisation signed by AMICE, the Association of Mutual Insurers and Insurance Cooperatives in Europe, and other European organisations representing employers and trade unions in the European...

AMICE, the Association of Mutual Insurers and Insurance Cooperatives in Europe, is encouraging MEPs to support the motion for a resolution on the Commission Delegated Regulation supplementing the PRIIPs Regulation, due to be voted on at the European Parliament this week. AMICE is also the European Regional Association of ICMIF, the International Cooperative and Mutual Insurance Federation...

According to a new Best's Special Report from A.M. Best, entitled Future Proofing European Mutuals, European mutual insurance companies are at a turning point in which they must embrace change, or risk losing relevance and market share. Faced with pressures that include the increased regulatory requirements under Solvency II and a changing and competitive operating environment in which stock...

The European mutual and cooperative insurance sector held a 31.2% share of the total regional market in 2014, following a record growth in premium income of 7.2% from the previous year. Mutual and cooperative insurers have consistently outperformed the total regional market since the onset of the global financial crisis (2007/08), resulting in their collective share of the regional market...

Europe’s largest insurance markets have continued to show some signs of recovery, according to a recent report from ICMIF Supporting Member A.M. Best, with many experiencing top-line growth. In general, the increases in total gross written premium (GWP) come following a number of years of muted development and even decline, and there is a sense of optimism that this momentum will continue....

A.M. Best, one of the ICMIF Supporting Members, has performed additional stress tests of the balance sheets of insurers' exposure to eurozone debt as economic conditions within the region continue to worsen. Findings of these evaluations are discussed in the recently published analytical briefing "A.M. Best's Additional Stress Testing in Light of European Economic Uncertainty." ICMIF members...

During discussions last week The Council of the European Union proposed the delay of the final Solvency II deadline until January 1, 2014. Current plans for Solvency II rulings mean that insurance companies across Europe should conform to the new regulations by January 1, 2013. The issue over whether or not the industry can be ready to implement Solvency II by that date has been debated at...

Voice is ICMIF’s quarterly magazine, containing stories and news embracing the sector as well as in-depth interviews with chief executives.

From this issue:

Mutual and cooperative insurers tend to be long-lived: Voice regularly carries news of 100 year anniversary celebrations of member organisations. But surely no other ICMIF member can rival the astonishing...

Voice is ICMIF's quarterly magazine, containing stories and news embracing the sector as well as in-depth interviews with chief executives.

From this issue:

The manifesto is the initiative of Mutuo, a research and lobbying think-tank which works with British mutual and cooperative insurers, building societies (mortgage savings institutions), consumer coops and other...