FM Global in the News

Since the fire at the Notre Dame Cathedral gutted one of the world’s most iconic buildings earlier this month, many have been speculating about how the devastating blaze began.

When a heritage building is undergoing renovations, it’s important to consider the risks inherent with hot work.

One of the world’s largest commercial property insurers, FM Global, has signalled plans to drastically increase its engineering workforce in order to focus on prevention risk management

During the past five years, fire has accounted for 27 per cent of all losses on mine sites. But as with most other risks, fire losses may be preventable if mine operators take a few simple steps.

Risk managers must strike a balance that delivers effective mitigation without unnecessarily increasing costs or limiting storage potential, as this would negate the purpose of shifting to automation in the first place.

With up to five tropical cyclones threatening the Queensland coast each year FM Global believes the proliferation of commercial solar farms across the Sunshine State is a disaster waiting to happen.

Paul May, Operations Engineering Manager at FM Global Australia, urges risk managers across the Asia-Pacific region to develop a practical plan in the event of a catastrophic flood.

Following the release of a whitepaper from FM Global, which revealed CFOs are increasingly being held accountable for not properly addressing the risks posed by natural hazards, StrategicRISK sat down with Michael Stuckings, Operations Chief Engineer at FM Global Australia to find out what this means for risk managers.

When natural disaster catches a company under-prepared, the chief financial officer is increasingly on the hot seat to break the bad financial news to shareholders and investors.