FERMA

While not their primary role, the study found that captives can be utilised in many ways to embed ESG initiatives into insurance and risk financing strategies.

Experienced risk manager and captive operator Laurent Nihoul will become the new CEO of the Federation of European Risk Management Associations from 1 December.

Philippe Cotelle has been appointed as the next president of the Federation of European Risk Management Associations (FERMA).

Marsh McLennan has appointed Typhaine Beaupérin as client leader for risk management, Europe, effective end of June 2025, where she will be responsible for delivering tailored solutions that support European clients’ risk management needs. 

Typhaine Beaupérin, CEO and secretary general of the Federation of European Risk Management Associations (FERMA), will step down from the role in June, after more than nine years at the Federation.

Captives domiciled in the European Union may have to wait longer than expected for regulatory relief, after the European Parliament published Directive 2025/2, amending the text of Solvency II which should bring more proportionality for “small and non-complex undertakings”.

2024 was another success for the European captive market, which saw captives continue to blossom, with this trend expected to continue into 2025 and beyond.

In episode 115 of the Global Captive Podcast, supported by the EY Global Captive Network, Luke brings a report from the FERMA Forum 2024, held in Madrid in October. 01.03...