Blog: FERMA Talks Conference 2021 Daily News Summary

Monday 11 October 2021

European risk managers prepare for FERMA Talks 2021

The event’s theme reflects a more uncertain world: From risk to resilience - learning to deal with disruption

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Ferma 2021: Hard market continues

Extreme weather events will focus minds as corporate insurance buyers navigate renewal season discussions - AXA XL

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Monday 11 October 2021

Collaborate for resilience

Disruptions to corporate operations and strategic plans can have many causes. Some are within the organisation’s control, IT systems changes, for example. Others have external triggers, such as a cyber-attack or natural catastrophe.

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Monday 11 October 2021

FERMA Talks: Preparing for the next crisis

Legislation should incentivise companies that embed risk management into their culture, says FERMA president Dirk Wegener

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Monday 11 October 2021

FERMA Talks: Channelling strategic foresight

The public sector has a lot to learn from corporate risk managers, acknowledged European Commission vice president Maroš Šefčovič in his address to FERMA Talks. 

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Tuesday 12 October 2021

FERMA Talks: Time to reward ESG?

There were dynamic discussions surrounding the role of insurers in supporting climate transition journeys at FERMA Talks this morning in Brussels. On day two of the conference, risk professionals said they were not getting adequate support from their insurance partners on issues such as emerging risks and sustainability.

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Tuesday 12 October 2021

FERMA Talks: The cyber conundrum

Significant rate increases have come about as the market has reacted to an increase in the frequency and severity of claims, partly fuelled by the ransomware epidemic and as a result of the market’s growth and expansion. But it is important to ensure clients are not left exposed, warned Marsh.

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Tuesday 12 October 2021

FERMA Talks: Political will for pandemic solution cools

Collaboration at all levels is necessary to ensure future financial resilience against systemic shocks, such as pandemics and state-sponsored cyber attacks. As these are threats which do not respect country borders, there is also a need to take an international approach to risk sharing, thought panellists. 

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