Monthly Archives: July 2012

FERMA Newsletter 48 (Table of Contents)

FERMA Newsletter 48 (July 2012)
Download Newsletter 48
July 2012
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Table of Contents


Welcome to Versailles

As a member of AMRAE, the French risk management association, FERMA Vice President Michel Dennery is delighted to welcome members to one of France’s most celebrated sites, Versailles. The name Versailles is associated with a glittering royal palace with its Hall of Mirrors; many visitors do not realise that the city with its lovely avenues lined with magnificent plane trees was designed at the same time as a sumptuous setting for the palace. Continue reading


Enthusiastic registration for 2012 Seminar

With more than three months to go to the 2012 Seminar, FERMA had already received more than 180 registrations and the number is expected to rise substantially between now and the event on 22 and 23 October. This year is already remarkable for the wide geographic spread of risk managers attending; one comes from the Falkland Islands in the South Atlantic and another from Jamaica. Continue reading


Healthy response to 2012 Benchmarking

The FERMA 2012 Benchmarking Survey closed on 20 June with a healthy response which exceeded all previous surveys. Between now and the seminar on 22 October, FERMA and sponsors AXA Corporate Solutions and Ernst & Young will be preparing a report based on the findings. Continue reading


FERMA chooses new board members

The Federation of European Risk Management Associations (FERMA) has elected three board members for new three year terms. Continue reading


Russians welcome FERMA President

The Russian risk management society RusRisk held a business breakfast with the President of FERMA, Jorge Luzzi at the offices of Deloitte CIS in Moscow. More than 30 people from the risk management community took part, among them representatives of large industrial and energy companies and cellular phone operators, national and international insurers, universities and consultants. Continue reading


Death of former AGERS president

The Federation of European Risk Management Associations (FERMA) has learned with sadness of the death of Eduardo Romero, former member of the FERMA board, president of the Spanish risk management association AGERS from 1999-2003 and former risk manager of the Grupo Dragados. Continue reading


Letter from Brussels

The passage of European legislation is not fast moving – but at the same time it requires consistent attention to get the views of FERMA’s members to the right people at the right time.
For example, we are waiting for the results of interviews that Ernst & Young are currently conducting on behalf of the European Commission on reinsurance pools and the subscription market. This is part of the Commission’s review of the insurance block exemption regulation (BER), the current version of which is not due to expire until 2017.
More advanced in its progress is the revised Insurance Mediation Directive (IMD) where we are working on a position paper, since the evidence so far is that the Commission does not want to have large risks or professional insurance buyers covered by its provisions. Continue reading


Change of FERMA staff

Christel Jaumoulle has joined FERMA as project assistant to succeed Silke Huber. She will be working with Florence Bindelle on many of FERMA’s growing number of projects. Continue reading


Looking back and looking forward

FERMA President Jorge Luzzi looked back at FERMA’s accomplishments over the past year and set out his objectives for FERMA this year in his address to the general assembly held on 3 June in Brussels. Continue reading