Banking and Insurance

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Mutual and co-op insurers corner more than 25% of the global market

This year's Global Mutual Market Share report from Icmif shows the sector generated US$1.61tn in premium…

Vancity, Co-operators and Desjardins make Canadian sustainability list

This year’s assessment from Corporate Knights focused on the momentum of sustainable revenue

Fitch issues A ratings for Coventry BS and Co-op Bank

The agency noted 'stable, but undiversified, business model, prudent underwriting standards, healthy asset quality, and a…

€42m public share offer launched for new co-op bank in Cyprus

Individuals will account for 60% of the offering, while the remaining 40% will be allocated to…

Indian government announces plan for life insurance co-op

Minister Amit Shah said the venture will use the country’s huge co-operative network to offer financial…

UK building societies paid £2.1bn more interest to savers, figures show

'What these figures demonstrate is the value of having a diverse financial services market,' says the…

Co-operators reports soaring demand for community support

The Canadian insurer says economic and social challenges are putting increased pressure on frontline organisations

New Zealand’s Co-op Bank to pay $1.4m penalty over monitoring failures

The Reserve Bank filed action over three breaches of core requirements under the Anti-Money Laundering and…

Kenyan government reopens sacco registration after suspension

'Operational and governance concerns' affecting several institutions have prompted stricter new rules for the sector

Nationwide partners with Resonance to unlock empty homes

The mutual is working with the social impact fund to create affordable homes

Icmif Foundation reports on inclusive insurance for world’s underserved

The 2025 report highlights significant growth, strengthened partnerships, and deepening climate mitigation measures

P&V Group becomes first Belgian insurer to gain climate action plan approval

Its science-based climate action plan positions mutual ownership as the key to long-term, credible climate action'