News Release Archive

FM Global has estimated that to meet the funding obligations to the fire and emergency services a rate of 30% will need to be applied to all assessable NSW premiums effective 30 December 2020.

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.

Chief Investment Officer Sanjay Chawla offers insight into how to chart a more resilient course for your treasury team amid the COVID19 era’s ‘known unknowns.'

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.

As part of its ongoing efforts to competitively position its insurance products and loss prevention engineering services, FM Global, one of the world’s largest commercial property insurers has made two senior-level moves.

If flood is allowed to disrupt your business, your stock value could drop significantly in the next 12 months, according to new analysis by FM Global and Pentland Analytics.

FM Global has won a 2020 Mansfield Award for excellence in corporate property insurance claims service in the Australian market, for the third year in a row.

COVID-19, bushfires and floods. Businesses in Australia have had a lot to contend with this year. Yet, despite climate risk simmering in the background for APAC based businesses, more than half (58%) of the 100 APAC senior executives surveyed admit their companies are not fully prepared to address the adverse financial impact of climate risk.

ESL contributions are to increase by 21% from $898m in the 2019-2020 financial year to $1,090m in 2020-2021. Budget increases are to fund workers compensation reforms that allow for benefits to be payable to firefighters diagnosed with prescribed cancers, as well as increased expenditure in Rural Fire Services (RFS) capabilities. FM Global have estimated that to meet the funding obligations to the fire and emergency services a rate of 37% will need to be applied to all assessable NSW premium effective 30 JUN 2020.

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.