A proper understanding of risk tolerance is one of the key factors that can help the risk function demonstrate that it is much more than a cost center and truly adds value to the organization, according to John Merkovsky, head …
The Federation of European Risk Management Associations (FERMA) has formally launched its program of European Certification for professional risk managers. It is the first such designation and is designed to reinforce the standing of the profession in Europe, FERMA said. …
Increasing numbers of international firms are being exposed to the risk of professional negligence, misrepresentation, or breach of duty claims when operating both at home and abroad, according to a report published by ACE Group. There are increasing numbers of …
ACE urged risk managers at multinational European companies to reexamine the capabilities of their global insurance partners as the international regulatory and business environment grows increasingly complex. The recommendation follows recent ACE research, which suggests that 70 percent of European …
“One of the growing concerns among multinational risk managers is global insurance program compliance,” a bulletin from Lockton notes. As a result the global insurance broker has launched a new online system called “Lockton Compass” to help finance executives and …
Interest rates, volatile currency markets and changing regulations are the top three things keeping risk managers from their sleep. Those are the conclusions summarized in an article on the Lloyd’s web site that revues the findings of the “The Risk …
Aon Risk Solutions, the global risk management business of Aon plc, has formed the Aon Risk Solutions’ Risk Pooling Practice, providing property, casualty and employee benefits pooling products for private and public sector organizations that make group purchasing decisions. The …
A vast majority of corporate risk managers at U.S. companies are taking steps to prepare for a hardening property/casualty (P/C) insurance market. Professional services company Towers Watson’s annual survey also found that while enterprise risk management (ERM) programs are in …
The U.S. isn’t alone in having to deal with the increased threats from social media and the potential they pose to reputation risk, as well as the protection of confidential information. These risks are also becoming more significant for European …
Peter den Dekker has been a busy man. However, the President of the Federation of European Risk Management Associations* (FERMA) took time out to talk to the IJ on the expanding role risk managers are playing in these troubled times, …
