The Federation of European Risk Management Associations [FERMA), which represents risk managers in 20 European countries, has told the European Commission that it is opposed to the creation of a fund to cover environmental liability and losses resulting from industrial …
Dutch bank and insurer ING, forced to sell assets in return for receiving state aid during the financial crisis, said on Tuesday it was in talks with the Dutch government and the European Commission over an amended restructuring plan. The …
The European Commission on Friday approved a restructuring plan for Dutch bank and insurer ING made during the financial crisis as compatible with the European Union’s internal market, but also opened an investigation into amendments to the plan. Friday’s approval …
The Federation of European Risk Management Associations (FERMA) has told the European Commission that it should start with “implementation and robust enforcement” of existing EU corporate governance rules on risk management, rather than creating new ones now. FERMA made the …
The Federation of European Risk Management Associations (FERMA) has issued a response concerning the revised European Insurance Mediation Directive (IMD), which states that it “should incorporate binding standards of transparency for brokers in their relationship with insurance buyers no matter …
A report from A.M. Best Co. provides a timely analysis of the fast approaching implementation of the European Commission’s long-awaited Solvency II insurance regulations, which are now scheduled to come into force as of for January 1, 2013. Best noted …
