Research by the International Cooperative and Mutual Insurance Federation (ICMIF), based on data taken from members’ latest financial reports, has revealed a record total premium income of USD 249 billion across the membership, according to the latest edition of the ICMIF Members: Key Statistics report.

The report provides analysis of the collective performance of the 197 members that make up ICMIF today and compares their performance to that of the total insurance market in both the long and short-term.