Risk Management
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Spanish risk managers told soft market is coming to an end
Spanish risk managers have been warned that the soft insurance market is coming to an end, although it is unlikely…
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UK bribery act will create unfair playing field warns IRM panel
Experts gathered at the Institute of Risk Management's Risk Leaders' Conference warned that the UK's new Bribery Act will cause…
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CEIOPS tells EC to exclude big risks as FERMA nears conclusion of transparency deal
The large commercial insurance and reinsurance markets will be excluded from the European Commission’s updated Insurance Mediation Directive (IMD2) if…
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IGREA welcomes Solvency II but warns against overburden on insurers
Large Spanish insurance buyers have expressed their support of the Solvency II directive, but have also warned legislators to avoid…
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‘Sinnkrise’ hits German risk managers
The recent financial and economic crisis has hit the German economy as hard as others in Europe, but its impact…
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Captives safe under Solvency II but lobbying of EC must continue
Captive owners can rest assured that Solvency II will not drive them out of business through excess capital and reporting…
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Rising claims and falling profits will not turn French market yet
French insurance buyers have been told for some time that they face higher premiums as insurers come under pressure—but Rodrigo…
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Time to step up to the plate-comment
Forces in the European and global economy and the insurance industry strongly suggest that now is the time for risk…
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A risk guide out of the woods-Austria
The Austrian risk and insurance management community may not have its own association and membership of FERMA yet but it…
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Teetering on the risk-reward tightrope-Switzerland
Adapting to rapid economic change, the need for a more innovative and supportive approach from insurers to deal with emerging…
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Added value of risk must be sold
Board members will only appreciate the value added by investment in risk management if risk managers learn to sell it,…
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Industry wide solution to global programmes on FERMA agenda
The FERMA conference in London marked the beginning of a campaign for an industry-wide effort to provide more consistency and…
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CRO needs to sit at top table
The role of the risk manager is evolving and risk managers increasingly help to make strategic decisions and gain air…
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Risk managers must prepare for Pillar 2
Experts at FERMA’s London seminar agreed that Pillar 2 of Solvency II will mean that risk managers will have to…
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Insurers view of FERMA survey-Regis Demoulin
FERMA used its London seminar recently to launch its big survey of European risk managers that it carried out with…
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Time to raise the bar?
At FERMA’s 2010 Risk Management Seminar held in London last month Paul Taylor, Director of Risk Assurance at Morgan Crucible…
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New electronic buying tool planned for German industrial risks
German industrial groups are making a fresh attempt to arrange a system that will allow them to buy cover via…
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French strikes turn focus on business continuity plans
The latest holiday season in France has caused considerable losses to companies and highlighted the growing need for risk managers…
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UK business must consider the risks of trading with the US, says ACE
ACE's Corporate Liability Team has urged UK business to carefully consider the risks, as well as the opportunities, of exporting…
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Actuary role will evolve to deliver ERM and scenario planning—Aon Benfield
The role of the actuary will evolve to deliver robust Enterprise Risk Management (ERM) frameworks and will increasingly involve the…