Federation of European Risk Management Associations (FERMA) News

Wegener to Succeed Willaert as President of FERMA

The Federation of European Risk Management Associations (FERMA) has chosen as its next President Dirk Wegener, global head of Corporate Insurance for Deutsche Bank Group and a member of the German risk management association GVNW. Wegener, who is currently deputy …

FERMA Criticizes Cyber Insurance Guidelines Proposed by Int’l Standards Organization

The Federation of European Risk Management Associations (FERMA) is concerned about proposed cyber insurance guidelines being developed by the International Organization for Standardization (ISO), calling them “premature” and “inappropriate.” The proposed standard, ISO/IEC 27102, encompasses information security management guidelines for …

FERMA, Latin American Risk Mgmt. Group ALARYS Partner to Offer Rimap Certification

The Federation of European Risk Management Associations (FERMA) and Latin American risk management association ALARYS signed a memorandum of understanding to jointly promote the FERMA rimap® risk management certification program. The agreement allows ALARYS to offer the FERMA certification to …

5 Risk Management Associations to Develop Mutual Recognition of Certifications

Five of the world’s largest risk management associations have agreed to work together towards a recognition of their respective risk management designations/certification programs. The organizations, ALARYS (Latin America), FERMA (Europe), IRMSA (South Africa), PARIMA (Asia) and RIMS (North America), signed …

FERMA European Risk Management Certification Available Online

The Federation of European Risk Management Associations (FERMA) announced that its European Certification program is now available online. The first online examinations will start in September. “This is a major step forward in giving access to FERMA Certification to risk …

AIR Says Brussels Attacks Have Limited Insurer Impact; FERMA Issues Comment

The deadly coordinated attacks in Brussels on March 22, which killed 33 people and wounded 260. are expected to have limited impact on the insurance industry, according to catastrophe modeling firm AIR Worldwide. Loss of life and injuries to individuals …

FERMA President Graham to Join UK’s Airmic

The Federation of European Risk Management Associations (FERMA) congratulated its President Julia Graham on her appointment as Technical Director of its UK member risk management association Airmic. Graham will continue as President of FERMA until the conclusion of her term …

FERMA Announces Leadership Appointments

The board of the Federation of European Risk Management Associations (FERMA) announced three high level appointments “to secure its leadership succession.” The appointments took effect from as of December 11, 2014, the date on which the FERMA Board met and …

Climate Change Represents Risks and Opportunities for Corporations

Danish climate scientist and TV weatherman Jesper Theilgaard told risk managers from some of Europe’s leading companies that they should not treat climate change as a “doomsday” scenario. Instead, he said, they should look for the business opportunities in helping …

Guidance on EU Rules Created for Audit, Risk Committees

The Federation of European Risk Management Associations (FERMA) and the European Confederation of Institutes of Internal Auditing (ECIIA) have responded to increased EU requirements for more corporate transparency with a new joint guidance document on the 8th Company Law Directive. …