Association News
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Ferma survey reveals hard market is number one insurance buyer concern
Even before Covid-19 struck and made things worse for buyers, the hard commercial insurance market was already the biggest concern…
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RIMS urges risk managers to back PRIA pandemic insurance solution
RIMS, the North American risk management society, has announced its support for H.R. 7011 the Pandemic Risk Insurance Act 2020…
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Ferma calls on EU to create framework for pan-European NDBI pooling system
Ferma has called on the EU to create a resilience framework that would include member state insurance pools and coordination…
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RIMS launches professional advisory programme
RIMS has launched a new professional advisory programme – Ask a Peer – to connect risk management experts and service…
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EC gets behind pandemic risk pools as EIOPA considers pan-European scheme
CRE understands the EC has told campaigners it is exploring proposals to create public-private-partnerships, or pools, to protect against future…
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IRMSA launches new measures as South African risk managers increasingly report facing personal threats
The Institute of Risk Management South Africa (IRMSA) has launched a series of initiatives after receiving numerous queries from risk…
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Airmic to hold virtual risk festival in September
Airmic will hold a three-day virtual festival for risk and insurance professionals in September that is expected to be the…
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GVNW to take symposium virtual because of coronavirus
The German risk and insurance management community will not be surprised to hear that its representative association, the GVNW, has…
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Airmic warns insurers to change response to pandemic and stand by customers
UK risk management association Airmic has warned insurers to change their response to Covid-19 and stand by their customers when…
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Parima opposes retroactively opening up BI policies to pandemic risks
The Pan-Asia Risk and Insurance Management Association (Parima) has joined the fast-growing body of opposition to legislative efforts in the…
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Ferma launches taskforce to push for public-private NDBI insurance solution for all cat risks
Ferma and its member associations have launched a taskforce to push the EU, national governments and insurance industry towards providing…
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German risk managers call for greater flexibility and partnership from insurers as virus bites
German risk managers are becoming increasingly frustrated by the inflexibility of the insurance market in its response to the Covid-19…
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Anra and Swiss Re focus on alternative risk financing
The Covid-19 pandemic crisis has clearly shown the limitations of traditional insurance coverage to respond to non-traditional risks, and the…
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GVNW pleads for urgent action on state-backed pandemic risk system
The GVNW, Germany’s risk and insurance management association, has issued a call to the German government and wider insurance market,…
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Spanish risk managers say pandemic is boosting market hardening
The Covid-19 pandemic is strengthening the hardening insurance market trend, moving underwriters to further restrict capacities and demand rate increases…
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US risk managers back the creation of state-backed pandemic insurance scheme
US-based risk management society Rims has thrown its weight behind the effort to create a state-backed pandemic risk insurance programme,…
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Cyber insurers attempt to exclude pandemic coverage
Some insurance companies are trying to exclude pandemic coverage from cyber policies at renewal, according to a leading French broker.…
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Ferma offers risk expertise to EC and urges it to support state-backed pandemic pools
The Federation of European Risk Management Associations (Ferma) has written to the European Commission’s Covid-19 coordinating response team, offering its…
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Chance for risk managers as companies forced to rethink supply chains and approach to risk
Europe’s risk managers need to help their companies prepare for a major rethink in how they source goods and materials…
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Risk managers back pandemic pools as US Congress offered Pandemic Risk Insurance Act 2020
Political support is growing in Washington for the creation of a state-backed pandemic insurance scheme to help cope with the…