FM Global in the News

As commercial operations begin to more routinely factor battery storage into their solar-energy-powered plans, insurance companies are assessing the accompanying fire risks.

Brokers are being encouraged to discuss flood mitigation strategies with their clients after one senior insurance figure said Australian businesses are seriously underestimating their true exposure.

FM Global recently released the 2019 edition of the FM Global Resilience Index to help business decision makers across the globe make more informed strategic choices when it comes to their enterprise resilience.

Norway was named the most resilient country in the world, according to the 2019 Global Resilience Index. The United States of America, the United Kingdom, and Australia all ranked in the top 25.

FM Global has released the 2019 edition of the FM Global Resilience Index to help business makers across the globe make more informed strategic choices when it comes to their enterprise resilience.

Australia is one of the most resilient nations in the world but could be exposed by “inherent cyber risk”, according to FM Global’s Resilience Index.

Australia has been recognised as one of the best countries for business, ranking 17th overall among 130 countries and territories according to the resilience of its business environment.

FM Global’s Resilience Index, published today, ranks Australia’s business environment as the 17th most resilient out of 130 countries and territories.

The environmental cost of natural disasters is now an almost daily feature on the news agenda, yet many businesses are still doing little to address their own vulnerability.

Within the expected design life of the solar farm, there is a 20 per cent chance of it being hit by a cyclone that would cause significant damage to the solar panels. Standardised cyclone testing and national standards for all types of panels and installation configurations needs to be implemented.