FM in the News

Pentti Tofte, FM Global’s staff SVP and head of analytics, breaks down his data-driven approach to how your business can assess climate-related threats.

One Florida community sustained minimal damage from Hurricane Ian thanks to its “hurricane-proof” planning. According to FM Global, having a climate-focused plan can make hurricanes a distraction instead of a disaster.

When it comes to publicly-traded companies, 2019 research commissioned by FM Global still holds true, linking hurricane damage to a loss in market value.

FM Global is taking the innovative step of providing its policyholders what it calls a “resilience credit” totaling about US$300 million, as concern mounts worldwide that climate-related catastrophes are becoming more frequent and severe.

FM Global’s Yong Seek Ying discusses the rise of flood risk in Southeast Asia, the detrimental impacts of flooding on businesses, and the importance of building climate resilience in the face of climate change.

As Australia navigates the path to a clean energy future, mitigating risk is an essential part of the process, according to Mike Hunneyball, operations chief engineer at FM Global.

FM Global's Lou Gritzo shares insight on the risks associated with transitioning to greener forms of energy, detailing how companies can utilize more sustainable forms of energy, like lithium-ion batteries, all while maintaining their resilience.

Although Australia ranks 107th for climate risk exposure, according to a new ranking from FM Global, the country sits in 20th place for its ability to address those risks.

The index now includes country filters that present specific index data related directly to businesses’ climate risk and Environmental, Social and Governance (ESG) interests, as organizations strive to become more transparent in their commitments and values.

Dr. Louis Gritzo, head of scientific research at FM Global, discusses why the trend of people flocking to coastlines to live and to work poses a challenge to financial resilience around the globe.