FERMA » Country Risk http://www.ferma.eu Federation of European Risk Management Associations Wed, 19 Jun 2013 13:31:16 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 FERMA Position Paper on the proposed Directive on disclosure of Non-Financial and Diversity Information by certain Large Companies and Groups http://www.ferma.eu/2013/06/ferma-position-paper-on-the-proposed-directive-on-disclosure-of-non-financial-and-diversity-information-by-certain-large-companies-and-groups/?utm_source=rss&utm_medium=rss&utm_campaign=ferma-position-paper-on-the-proposed-directive-on-disclosure-of-non-financial-and-diversity-information-by-certain-large-companies-and-groups http://www.ferma.eu/2013/06/ferma-position-paper-on-the-proposed-directive-on-disclosure-of-non-financial-and-diversity-information-by-certain-large-companies-and-groups/#comments Wed, 19 Jun 2013 13:17:07 +0000 Julien Bedhouche http://www.ferma.eu/?p=5766 FERMA Position Paper on the proposed Directive on disclosure of Non-Financial and Diversity Information by certain Large Companies and Groups Continue reading →

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]]> http://www.ferma.eu/2013/06/ferma-position-paper-on-the-proposed-directive-on-disclosure-of-non-financial-and-diversity-information-by-certain-large-companies-and-groups/feed/ 0 Disclosure alone does not control companies’ social risks, FERMA tells European Commission and the European Parliament http://www.ferma.eu/2013/06/disclosure-alone-does-not-control-companies-social-risks-ferma-tells-european-commission-and-the-european-parliament/?utm_source=rss&utm_medium=rss&utm_campaign=disclosure-alone-does-not-control-companies-social-risks-ferma-tells-european-commission-and-the-european-parliament http://www.ferma.eu/2013/06/disclosure-alone-does-not-control-companies-social-risks-ferma-tells-european-commission-and-the-european-parliament/#comments Wed, 19 Jun 2013 13:15:59 +0000 Julien Bedhouche http://www.ferma.eu/?p=5762 Public disclosure of a company’s social issues is good, but by itself does not show that the risks are under control, the Federation of European Risk Management Associations (FERMA) has told the European Institutions. Continue reading →

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]]> http://www.ferma.eu/2013/06/disclosure-alone-does-not-control-companies-social-risks-ferma-tells-european-commission-and-the-european-parliament/feed/ 0 The ground shudders and trembles – more and more http://www.ferma.eu/2012/08/the-ground-shudders-and-trembles-more-and-more/?utm_source=rss&utm_medium=rss&utm_campaign=the-ground-shudders-and-trembles-more-and-more http://www.ferma.eu/2012/08/the-ground-shudders-and-trembles-more-and-more/#comments Thu, 02 Aug 2012 09:55:59 +0000 Francois Settembrino http://www.ferma.eu/?p=3464 ll the world, in general, feels a shudder of fright when the earth trembles beneath their feet: to the extent that the world only shivers, it is not too severe. We are, however, seeing repeated exceptional seismic events. For 2004, we number at 230,000 the deaths from the earthquake in Sumatra and the resulting tsunami that destroyed all in its path. The earthquake in Chile in 2010 was one of the most violent in the last 100 years and left 521 victims and two million damaged buildings. The total economic loss for the country was estimated at $30bn. In 2011, it was the turn of Japan. Not just did the quake and tsunami cause 20,000 deaths, they also triggered the nuclear catastrophe whose effects will be felt for a long time. The most recent event, two great earthquakes off the coast of Sumatra on 11 April 2012, was felt in Singapore, Thailand and even India. Continue reading →

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]]> http://www.ferma.eu/2012/08/the-ground-shudders-and-trembles-more-and-more/feed/ 0 “Emerging Risks – A Strategic Management Guide” with a foreword written by Michel Dennery http://www.ferma.eu/2012/05/emerging-risks-a-strategic-management-guide-with-a-foreword-written-by-michel-dennery/?utm_source=rss&utm_medium=rss&utm_campaign=emerging-risks-a-strategic-management-guide-with-a-foreword-written-by-michel-dennery http://www.ferma.eu/2012/05/emerging-risks-a-strategic-management-guide-with-a-foreword-written-by-michel-dennery/#comments Fri, 18 May 2012 11:04:00 +0000 Michel Dennery http://www.ferma.eu/?p=3143 The book "Emerging Risks: A Strategic Management Guide" with a foreword written by FERMA Vice President Michel Dennery is available for FERMA Members at a 35 % discount. It provides insights into some of the major emerging risks of the 21st century and then guides organizations on how to approach and manage those risks proactively in the wake of new regulation, governance and enterprise-wide risk management. Continue reading →

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]]> http://www.ferma.eu/2012/05/emerging-risks-a-strategic-management-guide-with-a-foreword-written-by-michel-dennery/feed/ 0 FERMA proposes modifications to Brazilian reinsurance regulations in the interest of business and insurance buyers http://www.ferma.eu/2011/11/ferma-proposes-modifications-to-brazilian-reinsurance-regulations-in-the-interest-of-business-and-insurance-buyers/?utm_source=rss&utm_medium=rss&utm_campaign=ferma-proposes-modifications-to-brazilian-reinsurance-regulations-in-the-interest-of-business-and-insurance-buyers http://www.ferma.eu/2011/11/ferma-proposes-modifications-to-brazilian-reinsurance-regulations-in-the-interest-of-business-and-insurance-buyers/#comments Fri, 11 Nov 2011 11:22:06 +0000 Jorge Luzzi http://www.ferma.eu/?p=2216 The Federation of European Risk Management Associations (FERMA) 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 and insurance buyers. FERMA’s action follows an offer from SUSEP to open discussion with critics of the regulations which went into effect earlier this year. Continue reading →

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]]> http://www.ferma.eu/2011/11/ferma-proposes-modifications-to-brazilian-reinsurance-regulations-in-the-interest-of-business-and-insurance-buyers/feed/ 1 A more volatile world http://www.ferma.eu/2011/07/a-more-volatile-world/?utm_source=rss&utm_medium=rss&utm_campaign=a-more-volatile-world http://www.ferma.eu/2011/07/a-more-volatile-world/#comments Wed, 13 Jul 2011 20:00:54 +0000 Florence Bindelle http://www.ferma.eu/?p=2313 The political risk climate has probably changed more this year than at any time since the fall of Communism in the late 1980s, and two Forum workshops will provide timely guidance for risk managers on political risks and looking after staff who may get caught up in political unrest or other upheavals. In the meantime, FERMA is looking to find out how members see the current situation. According to FERMA board member Michel Dennery, for example, country risk has changed completely, and there is a material increase in counter party risk. Continue reading →

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]]> http://www.ferma.eu/2011/07/a-more-volatile-world/feed/ 0 Brazilian reinsurance regulations have improved but still need to be better http://www.ferma.eu/2011/04/brazilian-reinsurance-regulations-have-improved-but-still-need-to-be-better/?utm_source=rss&utm_medium=rss&utm_campaign=brazilian-reinsurance-regulations-have-improved-but-still-need-to-be-better http://www.ferma.eu/2011/04/brazilian-reinsurance-regulations-have-improved-but-still-need-to-be-better/#comments Thu, 14 Apr 2011 17:02:01 +0000 Carl Leeman http://www.ferma.eu/?p=1906 The International Federation of Risk and Insurance Management Associations (IFRIMA) welcomes the flexibility and understanding of the Brazilian government in responding to the world-wide concern about its new reinsurance regulations. At the same time, IFRIMA, which represents commercial insurance buyers from across the world, believes that more needs to be done to limit the negative impact on insurance capacity and cost. Continue reading →

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]]> http://www.ferma.eu/2011/04/brazilian-reinsurance-regulations-have-improved-but-still-need-to-be-better/feed/ 0 Brazil: A step in the right direction – more are needed http://www.ferma.eu/2011/04/brazil-a-step-in-the-right-direction-%e2%80%93-more-are-needed/?utm_source=rss&utm_medium=rss&utm_campaign=brazil-a-step-in-the-right-direction-%25e2%2580%2593-more-are-needed http://www.ferma.eu/2011/04/brazil-a-step-in-the-right-direction-%e2%80%93-more-are-needed/#comments Wed, 13 Apr 2011 17:32:01 +0000 Peter den Dekker http://www.ferma.eu/?p=1920 The Federation of European Risk Management Associations (FERMA) has welcomed as a good first step the response of the Brazilian government to complaints and concerns from corporate insurance buyers and national and international reinsurance markets about restrictive executive orders rolling back liberalisation of the market. Continue reading →

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]]> http://www.ferma.eu/2011/04/brazil-a-step-in-the-right-direction-%e2%80%93-more-are-needed/feed/ 0 IFRIMA calls for reconsideration of Brazilian reinsurance market modifications http://www.ferma.eu/2011/03/ifrima-calls-for-reconsideration-of-brazilian-reinsurance-market-modifications/?utm_source=rss&utm_medium=rss&utm_campaign=ifrima-calls-for-reconsideration-of-brazilian-reinsurance-market-modifications http://www.ferma.eu/2011/03/ifrima-calls-for-reconsideration-of-brazilian-reinsurance-market-modifications/#comments Fri, 25 Mar 2011 17:45:56 +0000 Carl Leeman http://www.ferma.eu/?p=1926 1) The new reinsurance beginning in Brazil 2) A partial return to the past without Parliament’s approval Call to reconsider the resolutions Continue reading →

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]]> http://www.ferma.eu/2011/03/ifrima-calls-for-reconsideration-of-brazilian-reinsurance-market-modifications/feed/ 0 FERMA calls for withdrawal of new Brazilian reinsurance regulations http://www.ferma.eu/2011/03/ferma-calls-for-withdrawal-of-new-brazilian-reinsurance-regulations/?utm_source=rss&utm_medium=rss&utm_campaign=ferma-calls-for-withdrawal-of-new-brazilian-reinsurance-regulations http://www.ferma.eu/2011/03/ferma-calls-for-withdrawal-of-new-brazilian-reinsurance-regulations/#comments Fri, 18 Mar 2011 17:51:59 +0000 Peter den Dekker http://www.ferma.eu/?p=1933 The Federation of European Risk Management Associations (FERMA) has called on the Brazilian government to withdraw two new reinsurance regulations due to enter into force on 31 March 2011 because they threaten to reduce the capacity for coverage of large commercial risks and increase the cost of insurance. Continue reading →

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