News Release Archive

FM Global is offering key advice for risk and insurance managers for an effective renewal process, to help meet the challenges posed by the changing market conditions.

In the facility, FM Global scientists study the complexity of real-world cyber threats and test different defense options to help clients’ businesses be more resilient.

SYDNEY, AUSTRALIA - Australia has been found to possess a strong foundation for a robust post-pandemic business recovery - featuring among the top-ranked countries in the 2020 FM Global Resilience Index.

As distracted corporate executives close offices and facilities to reduce COVID-19 spread, other worrisome risks are emerging at these now-idle facilities

FM Global has opened a US$16 million Electrical Hazards and Gas Detection Laboratory at its world renowned Research Campus in West Glocester, R.I., USA. Fireballs, explosions, combustible and toxic gas leaks and short circuits - industrial property hazards that can derail a business - are now daily occurrences inside of the specialized laboratory.

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.

Of FM Global's 232 large risk losses last year, 65 were the result of equipment breakdown resulting in 28 percent of the company's losses across all industries in 2018 based on gross loss dollar amount.

Lithium-ion battery-based energy storage systems (ESS), in high demand for supplying energy to buildings and power grids but under scrutiny for recent fires and explosions, are the focus of new fire protection and installation guidance from FM Global, one of the world’s largest commercial property insurers.

FM Global, one of the world’s largest commercial property insurers, intends to hire more than 60 seasoned engineers this year who will focus full time on helping clients prevent boiler and machinery-related (B&M) losses.

Sydney, 21 March 2019- Sun Metals Corporation Pty Ltd and James Cook University’s Cyclone Testing Station, working with FM Global, one of the world’s largest commercial and industrial property insurers, has completed wind-tunnel and structural static...