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  • RIMS Backs U.S. Treasury Department's Proposed United States-European Union Covered Agreement

    RIMS, the risk management society ™, delivered an official letter to The Honorable Steven T. Mnuchin, Secretary of the Treasury, U.S. Department of the Treasury, that expressed the Society’s support for the recently proposed U.S.-EU Covered Agreement on reinsurance.

     

    The letter, submitted by RIMS President Nowell Seaman, cites the Covered Agreement’s propensity to benefit RIMS members – a constituency of approximately 11,000 risk management professionals – by:

    ·         Eliminating collateral requirements that would result in additional capital;

    ·         Increasing reinsurance capacity;

    ·         Requiring the appointment of insurance commissioners for service; and

    ·         Streamlining the dispute process by clarifying jurisdiction and payment of final judgements.

     

    “For risk professionals to support their organizations’ expansion into global markets, it is important that RIMS advocates for regulation that facilitates opportunities for our members’ to effectively achieve their objectives,” said RIMS President Nowell Seaman. “RIMS is encouraged by the U.S.-EU Covered Agreement on reinsurance and looks forward to working with the Department of the Treasury to help bring this agreement to fruition.”

    For more information about RIMS External Affairs initiatives, visit www.RIMS.org.

  • RIMS NextGen Forum Offers Specialized Learning Experience for New Risk Management Professionals

    RIMS, the risk management society™, has announced the agenda for the Society’s second annual NextGen Forum scheduled for June 4 and 5 in Austin, Texas. Designed to support new-to-the-field professionals meet expectations and successfully contribute to organizational success, this year’s agenda features an exceptional lineup of thought-leaders.

     

    Educational sessions will feature risk professionals from prominent organizations covering the most relevant topics including:

    ·         Cyber Insurance

    ·         Enterprise Risk Management and Risk Culture

    ·         Risk Finance

    ·         Strategic Risk Management and Relationship Development

    ·         Networking Strategies; as well as

    ·         Best Practices and Professional Perspectives

     

    “For the risk management discipline to continue to thrive, the next wave of practitioners cannot merely step into the roles that their predecessors have created,” said RIMS President Nowell Seaman. “At RIMS, it is our duty to support practitioners in the early stages of their careers and provide them with the resources to make their mark and advance their organization’s risk management capabilities. RIMS NextGen Forum is an outstanding opportunity for this group to get together, learn from others’ experiences and develop meaningful relationships that will last lifetime.”

     

    For more information or to register for RIMS NextGen Forum, visit www.rims.org/nextgen/2017.

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