Best's Review Interviews Mutual Insurance Leaders About Today’s Industry

OLDWICK, N.J.--(BUSINESS WIRE)-- In the September issue, Best’s Review speaks with mutual insurance leaders ahead of industry events. Mutual and cooperative insurers had about 26% of the world’s insurance market share in 2022, representing about $1.41 trillion in premium income, according to a report by the International Cooperative and Mutual Insurance Federation (ICMIF).

Liz Green, ICMIF’s CEO designate, discusses the state of the global mutual sector. She anticipates the additional growth of insurers owned by policyholders amid an improving regulatory climate and innovative approaches in emerging markets. Read the full story in “ICMIF Executive Anticipates Microinsurers, Improving Regulatory Climate Boosting Mutuals Globally.”

Neil Alldredge, president and CEO of the National Association of Mutual Insurance Companies (NAMIC), discusses how mutuals have tried to maintain strong community connections while they face decisions about rates and potential economic and regulatory pitfalls. Read the full story in “NAMIC Chief Executive Officer: Mutuals Strive To Maintain Mission, Identity Amid Economic Challenges.”

Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. The complete content of Best’s Review is available here.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2024 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240916900599/en/

Patricia Vowinkel
Executive Editor, Best’s Review®
+1 908 882 1771
[email protected]

Source: AM Best

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