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FERMA Newsletter 63 (Table of content)

FERMA Newsletter 63 (February 2015)
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February 2015

Table of Contents

Top Italian insurer sponsors Forum

Italy’s largest insurer Generali Assicurazioni, is to be the diamond sponsor for the 2015 FERMA Forum in Venice on 4 to 7 October. Diamond sponsorship is a new category this year open only to a partner from the host country. Continue reading

More Forum news

Platinum, gold and silver sponsorship opportunities are still available;
Only a limited number of exhibition stands remain;
Applications are also open for speakers. Continue reading

Board approves strategic actions setting directions in 2015

The FERMA Board has approved 14 strategic actions for 2015 and ensured that they are aligned with FERMA’s strategic objectives: to be a significant stakeholder at EU level, to coordinate and support the development of risk management, and to be sustainable. Continue reading

Solvency II: one step further towards legal certainty despite a restrictive definition of captives

The Delegated Act for the Solvency II Directive was finally published on 17 January 2015 on the EU Official Journal.
The definition and simplifications for the calculation of provisions for captives have remained constantly the same since the versions of July and October 2014; they are treated in the articles 89, 90, 103, 105 and 106 of the new Delegated Act. Eligible captives are still limited to the type of captives which do not have compulsory third party liability business and which provide cover only to undertakings belonging to the group.
Continue reading

2015: FERMA looks ahead

FERMA has started 2015 with a new executive structure and ambitious plans for the year. Here the executive team give us their views and personal objectives. Continue reading

European Risk and Insurance Report now in Russian

The FERMA European Risk and Insurance Report 2014 is now available in Russian thanks to our member RusRisk who has made a translation Continue reading

Letter from Brussels

This will be a year of change for FERMA. You may be aware that during the last board meeting in December, we elected a new Secretary General Edwin V. Meyer, General Manager Risk and Insurance for Arcelormittal based in Luxembourg, and a new Treasurer, Anders Esbjörnsson who is Group Risk Manager NCC in Sweden.

Both Edwin and Anders are key opinion leaders of the risk management community, and already very familiar with FERMA’s organisation. I look forward to their innovative input and insight into our future developments. Their predecessors Pierre Sonigo and Fernand De Winter gave us immense support, and we are currently in a period of transition. Continue reading

Terrorism in Paris and elsewhere

The horrific terrorism attacks in Paris during the week of January 5th are a clear reminder to risk managers of the growth in risks which are intangible and hard to manage, according to FERMA President Julia Graham. Others that have come onto the scene in the last year are the conflict and sanctions related to Russia and the Ukraine, and the Ebola outbreak in West Africa. Continue reading

From the President

As we started 2015, our thoughts turned towards New Year resolutions.

One of my resolutions is to keep up to date with my reading – which will have the added value in the future years of contributing to my continuing professional development needs as a Certified Risk Manager. (Look out for an in-depth report about Certification in a coming FERMA Newsletter). Continue reading