Whether it's a feature article on our groundbreaking research or an interview with one of our industry leaders, FM Global is frequently in the news. From here, you can read recent news reports and informative articles written by or featuring commentary from company experts.
Australia’s geographic remoteness should not prevent moves to diversify supply chains as the coronavirus outbreak highlights risks from global shocks, FM Global says.
A global survey of several hundred CEOs and CFOs at companies with $US1 billion ($1.45 billion) or more in revenue has found more than half in the Asia-Pacific region believe their companies are underprepared for climate-related financial risks.
The royal commission into last summer’s disastrous bushfires, dubbed the “Black Summer”, has highlighted the need for state and federal regulation intervention to bolster business resilience measures. FM Global, says its company’s data on loss prevention shows a clear correlation between taking steps to build business resilience and a reduction in loss over time.
As Australia navigates a recession brought on by the economic toils of the global health pandemic, the 2020 FM Global Resilience Index has shed some light on the nation’s recovery efforts. According to the report, Australia possesses a “strong foundation” for a robust post-pandemic recovery and is ranked 17th out of 130 countries due to its business environment.
An increase of more than 20% in the NSW Emergency Services Levy (ESL) will have a dramatic effect on premiums this coming financial year, FM Global has warned.
Australia has been ranked 17th in the 20 countries best placed for economic recovery after COVID-19, sitting five spots above Singapore. The ranking comes from US-based commercial property insurer FM Global, which assessed 130 countries for their economic resilience.
At a time when the world has been shocked by a pandemic and resilience has never been more critical, Australia ranked 17th overall in this year's FM Global Resilience Index, the definitive global ranking of nearly 130 countries and territories by the resilience of their business environments. The index demonstrates Australia has recognised and pronounced strengths in a number of drivers related to supply chain risk, fire risk quality and natural hazard risk quality.
With the coronavirus pandemic creating havoc to countries’ economies worldwide, the 2020 FM Global Resilience Index arrives at an opportune moment. The index compiles 12 economic, risk quality and supply chain drivers to gauge the business resilience of nearly 130 countries.
Lithium-ion battery-based energy storage systems (ESS) are in increasing demand for supplying energy to buildings and power grids. However, they are also under scrutiny after a number of recent fires and explosions. To increase awareness of what can be done to improve safety around this technology, commercial property insurer FM Global has publicly released groundbreaking research and recommendations.
