The Government of Belgium has appointed Marie Gemma Dequae, 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 Dexia Insurance Belgium. Continue reading
FERMA has been accepted as liaison officer at ISO/PC 262 Risk Management and will be represented by Vice President Julia Graham Continue reading
FERMA and the European Confederation Institutes of Internal Auditing (ECIIA) have joined forces to provide practical advice for senior managers on how to help their companies meet risk management, internal control and internal audit responsibilities under European law. Continue reading
Florence Bindelle, Executive Manager: This is the last FERMA newsletter of 2011. We are at the close of one year and at the beginning of a new one. It is a good time to look what we did during this year, but more important to see what is ahead of us in 2012. Continue reading
Risk managers want FERMA to stimulate discussion about supply chain risks and insurance solutions at European and member association level, according to the results of an online survey. The FERMA survey, which received 153 responses with a high proportion from members in manufacturing, found that more than half – 52 percent – were very concerned about continuity of supply from direct suppliers, and 36 percent said they were somewhat concerned. When it came to disruption to their suppliers’ sources, 35 percent said they were very concerned and 48 percent somewhat concerned.
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Seminar 2012 venue announced: Versailles, France 22 & 23 October 2012. Benchmarking survey to start in early spring. The historic French city of Versailles will be the venue for the 2012 FERMA Seminar on 22 and 23 October. The Seminar, which takes place in alternate years from the FERMA Forum, is the occasion for the announcement of the results of the biannual risk management benchmarking survey. Continue reading
FERMA has welcomed progress on the creation of a global insurance compliance database taken by UK member association Airmic. Airmic asked now potential service providers for an expression of interest in providing a database of international insurance requirements by the end of January 2012. Airmic is looking for firms able to create and then maintain a database, which will contain details of regulations on a territory-by-territory basis. It will consider splitting the two functions, so that interested parties can bid for one or other. Insurers, brokers, specialist data companies and international legal firms are among those who have shown an interest informally. Continue reading
Latest news from FERMA’s member associations in Belgium, Denmark, Finland, France, Germany, Italy, Slovenia, Spain, Switzerland and United Kingdom. Continue reading
Commercial insurance buyers generally want better insurance products to cover their supply chain risks, a simple survey by FERMA has confirmed. Only 14 percent of the risk managers who responded to the online poll on supply chain risks felt that existing coverage and capacity were adequate, and just half said they insured against contingent or non-damage business interruption. Continue reading
