FM in the News

FM Global is taking the innovative step of providing its policyholders what it calls a “resilience credit” totaling about US$300 million, as concern mounts worldwide that climate-related catastrophes are becoming more frequent and severe.

FM Global’s Yong Seek Ying discusses the rise of flood risk in Southeast Asia, the detrimental impacts of flooding on businesses, and the importance of building climate resilience in the face of climate change.

As Australia navigates the path to a clean energy future, mitigating risk is an essential part of the process, according to Mike Hunneyball, operations chief engineer at FM Global.

FM Global's Lou Gritzo shares insight on the risks associated with transitioning to greener forms of energy, detailing how companies can utilize more sustainable forms of energy, like lithium-ion batteries, all while maintaining their resilience.

Although Australia ranks 107th for climate risk exposure, according to a new ranking from FM Global, the country sits in 20th place for its ability to address those risks.

The index now includes country filters that present specific index data related directly to businesses’ climate risk and Environmental, Social and Governance (ESG) interests, as organizations strive to become more transparent in their commitments and values.

Dr. Louis Gritzo, head of scientific research at FM Global, discusses why the trend of people flocking to coastlines to live and to work poses a challenge to financial resilience around the globe.

While the UK has performed strongly in the 2022 update to the FM Global Resilience Index, the country is worryingly exposed to climate risk according to Commercial Risk Europe.

FM Global's Adrian Oxley highlights various issues that can follow supply chain disruption including how property and facility losses can quickly cause widespread business and industry disruption if not managed carefully.

With the launch of the online 2022 FM Global Resilience Index, Commercial Risk Europe points out the vulnerabilities of Asian manufacturing hubs to climate and supply chain risks.