mutuals

ICMIF member Benenden, the UK health and wellbeing provider, has entered into a contractual relationship with Bupa, in a deal worth more than GBP 200m over the next five years.

Bupa will now administer the Benenden Personal Healthcare product on behalf of Benenden and arrange local diagnostic and treatment services for covered members.

Bupa will also become the plan provider for...

Next week the International Cooperative and Mutual Insurance Federation (ICMIF) is to publicly endorse - during its Biennial Conference - a speech given by the Governor of the Bank of England, in which he urged the insurance industry and investors to help counteract the financial shocks that could be triggered by climate change.

ICMIF represents cooperative and mutual insurers from the...

Mutual and cooperative insurers in Latin America reported record premium volumes in 2014, according to the latest statistics published by the International Cooperative and Mutual Insurance Federation (ICMIF).

ICMIF's Business Intelligence Unit has just published the Market InSights: Latin America 2014 report which shows how the mutual and cooperative insurance sector collectively wrote...

ICMIF member PPS, the South African financial services company focused exclusively on graduate professionals, has announced that its total cumulative profit-share allocation to members* reached ZAR 21.6 billion over the last ten years.

PPS, which is the largest financial services company in South Africa that operates under a mutual model and therefore allocates all its profits to its...

PPS Namibia, the Namibian financial services company focused exclusively on graduate professionals, has announced that total profit share allocations to members* for the 2014 financial year amounted to more than NAD 132 million. PPS Namibia is an operating subsidiary of ICMIF member PPS South Africa.

The company, which is the largest company in Namibia operating under a mutual model – a...

How getting to know another ICMIF member changes the way you think about your organization’s future

ICMIF member Benenden is a mutual community, providing health and wellbeing services to around 900,000 people in the United Kingdom. Benenden provides health services, mainly diagnostics and treatment, in a way that is complementary to the British National Health Service - with which it...

The UK Parliament has today approved radical legislation to enable friendly societies and mutual insurers in the UK to raise new capital from their members.

The Mutuals Deferred Shares Bill today completed its final stage in the House of Commons and will now receive Royal Assent.

This is the culmination of two and a half years work of researching, drafting, negotiating and...

The February edition of Best’s Review, the monthly insurance magazine from rating agency and ICMIF Supporting Member A.M. Best, features the annual ranking by A.M. Best of the world’s largest insurers. The ranking measured by 2013 net premiums written has three of the top ten positions being held by mutuals.

Ranked at number nine is ICMIF member the National Mutual Insurance Federation...

An international survey of cooperatives and mutuals at work in the health and social care sector was written and published for the 2014 Québec International Summit of Cooperatives, held in Canada in October last year. The Summit was hosted by ICMIF member organization Desjardins and the International Co-operative Alliance (ICA).

The report Better health & social care: How are co-ops...

ICMIF member and rural insurer FMG (New Zealand) has begun working with the Mental Health Foundation (MHF) on a programme looking after farmers in rural areas across the country.

“As a mutual, FMG was established over 100 years ago to help farmers protect their farms, so supporting a programme promoting the wellbeing of farmers is an opportunity for us to give back to the farming...

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