GEMA

On 1 July 2014 more than 600 people came together in Paris to celebrate the fiftieth anniversary of ICMIF member organization GEMA (Le Groupement des entreprises mutuelles d’assurance). The event was held at the Cité de l’Architecture et du Patrimoine, the famous museum of architecture, in Paris, France. At the event speeches were given by the outgoing President of GEMA, Gérard Andreck,...

The Executive Committee of French member organization, GEMA, (Groupement des entreprises mutuelles d’assurance), met on the 12 December 2013 and a number of decisions were made regarding the future of the organization and over who would hold certain key positions in the senior level of the organization. GEMA is the Professional Union of mutual insurance companies. GEMA represents and defends...

The IASB (the International Accounting Standards Board) has published for public comment a revised Exposure Draft of proposals for the accounting for Insurance Contracts (published on 20 June, 2013). The deadline for reply to the IASB is 25 October 2013.

This standard (currently at draft stage) will become applicable on an international level once it has been adopted. In order to ensure...

The President of GEMA, Gérard Andreck, recently announced GEMA’s financial results for 2011 in which he highlighted that the GEMA mutuals have outperformed the overall French market last year in both property/casualty and life and savings.

GEMA members saw a 5% increase in their property/casualty premiums whereas the market saw an increase of just 4%. This is based on preliminary...

In July this year it was announced that Gérard Andreck had become the new Chairman of the French Insurance Association (l’Association française de l’assurance – AFA). The French Insurance Association is comprised of the French Federation of Insurance Companies (la Fédération française des sociétés d’assurances - FFSA) and the French mutual insurance organisation, GEMA (Groupement des...

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 idea for the workshops was born at the ICMIF conference in Toronto last October, where several executives and board members from Capricorn Mutual took part in the strategic decision making workshop that preceded the conference....