FERMA News

FERMA Opposes EU Fund for Industrial Accident Environmental Liabilities, Losses

The Federation of European Risk Management Associations [FERMA), which represents risk managers in 20 European countries, has told the European Commission that it is opposed to the creation of a fund to cover environmental liability and losses resulting from industrial …

Risk Managers’ Top 3 Concerns: Interest Rates, Currency Markets, Regulations

Interest rates, volatile currency markets and changing regulations are the top three things keeping risk managers from their sleep. Those are the conclusions summarized in an article on the Lloyd’s web site that revues the findings of the “The Risk …

Belgian Gov’t. Names Former FERMA President Dequae to Dexia Board

The Government of Belgium has appointed Marie Gemma Dequae, currently a scientific advisor to the Federation of European Risk Management Associations (FERMA) and a past president of the federation, as an independent director of Dexia Bank Belgium and its subsidiary …

FERMA Confirms Risk Managers’ Concerns with Supply Chain Insurance

“Commercial insurance buyers generally want better insurance products to cover their supply chain risks,” according to a recent survey conducted by the Federation of European Risk Management Associations (FERMA). “Only 14 percent of the risk managers who responded to the …

FERMA Pushes Brazil to Relax Reinsurance Regulatory Restrictions

The Federation of European Risk Management Associations (FERMA) announced that it has sent “specific recommendations to the Brazilian insurance regulator SUSEP to limit the impact of regulations 225 and 232 on market capacity and security in the interest of business …

Europe’s Risk Managers Concerned by Social Media Reputation Damage

The U.S. isn’t alone in having to deal with the increased threats from social media and the potential they pose to reputation risk, as well as the protection of confidential information. These risks are also becoming more significant for European …

Aon, Zurich Launch Innovative $100 Million Reputational Risk Coverage

A company’s reputation often constitutes one of its most valuable assets; however, as the damage to value, as well, as the nature of the risks that may cause it, are hard to calculate, obtaining coverage has been a complex process. …

FERMA’s President on the Risk Managers’ Role, Transparency, Innovation

Peter den Dekker has been a busy man. However, the President of the Federation of European Risk Management Associations* (FERMA) took time out to talk to the IJ on the expanding role risk managers are playing in these troubled times, …

Record Numbers Attend FERMA Conference in Stockholm

the bi-annual conference of the Federation of European Risk Management Associations (FERMA) got under way at 9:00 sharp in Stockholm’s striking new conference center. President Peter den Dekker, who will step down at the end of the conference, got things …

FERMA Elects Luzzi as Next President, Dennery as VP

Jorge Luzzi, Group Risk Management Director for Italian tire maker Pirelli worldwide, has been elected as the next President of the Federation of European Risk Management Associations (FERMA). His mandate as President will start at the end of the FERMA …