In the News

Whether it's a feature article on our groundbreaking research or an interview with one of our industry leaders, FM Global is frequently in the news. From here, you can read recent news reports and informative articles written by or featuring commentary from company experts.

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Equipment Failure Risk Is a Major Concern For Fortune 500-Size Companies
13 November 2019 | Industrial Automation Asia
The risks of critical equipment failure and a cyber-attack on industrial control systems are major concerns for 94 percent and 84 percent of Fortune 500-size companies, respectively. That’s according to a new survey of 200 business leaders with companywide responsibility for overseeing equipment operations or equipment risk, commissioned by FM Global, one of the world’s largest commercial property insurers.
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Building resilience against fires – why a fire safety culture is key
31 October 2019 | Insurance Business Asia
In this article, Chan Kai Foo, Assistant Vice President, Senior Engineering Specialist, Asia of FM Global, discusses how Singapore parliament’s recent strengthening of a Fire Safety Code on commercial and industrial buildings is a timely reminder of the risks fires pose to businesses, and how they can build resilience by embracing a fire safety culture.
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Mitigating the cost of climate change for properties
30 October 2019 | Asia Insurance Review
The big challenge in climate change is to figure out what natural hazards are changing, and which ones will stay the same. Due to the potential for significant costs, this becomes a highly technical decision, said FM Global VP and Manager of Research Dr Louis Gritzo.
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Southeast Asian cities most at risk of sinking
30 October 2019 | Asia Insurance Review
According to FM Global, the five cities in Southeast Asia most vulnerable to rising sea levels are Bangkok, Manila, George Town (Penang), Ho Chi Minh City and Singapore. This article discusses why Southeast Asia may be adversely affected by the impacts of climate change, and what is needed to mitigate the threat.
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Applying AI to insurance - it's not rocket science, but it's close
15 October 2019 | Asia Insurance Review
Full article available only to paid subscribers
In this article on Asia Insurance Review, Tan Hian Hong, Vice President, Client Service Manager, Asia, discusses how the emergence of predictive analytics has enabled FM Global to help clients make more informed decisions and improve their business resilience. 
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FM Global veteran to lead Asia division in Singapore
26 September 2019 | InsuranceAsia News
FM Global announced that its long-standing executive Ziad Alex S. Tadmoury will move to Singapore to serve as senior vice president, Asia Pacific division manager. Tadmoury has had a long tenure with the top commercial property specialist, serving in American and European markets in varied roles. His most recent role with the company was as operations senior vice president, manager, compliance and real estate in Rhode Island.
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FM Global shakes up leadership in Asia
26 September 2019 | Insurance Business Asia
FM Global is making several changes to its regional leadership in preparation for the forthcoming retirement of Stefano Tranquillo, the company’s senior vice president, division manager EMEA/Asia Pacific. Ziad Alex S. Tadmoury was named senior vice president, Asia-Pacific division manager, based in Singapore. He served as operations senior vice president, manager, compliance and real estate at FM Global’s corporate offices in Rhode Island, USA.
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New APAC leader for FM Global
25 September 2019 | Asia Insurance Review
FM Global has made several senior leadership appointments following the forthcoming retirement of senior vice president and EMEA/Asia Pacific division manager Stefano Tranquillo. In Asia Pacific, Mr Ziad Alex Tadmoury has been appointed senior vice president and Asia Pacific division manager. Currently based in Singapore, Mr Tadmoury started with the company 29 years ago working in claims and reinsurance.
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Around the P&C insurance industry: September 25, 2019
25 September 2019 | PropertyCasualty360
FM Global has announced a partnership with the Indonesian Fire & Rescue Foundation (IFRF) that aims to improve property protection and resilience against fire events in Indonesia. Under the agreement, FM Global will translate its fire- and sprinkler-related Property Loss Prevention Data Sheets into Bahasa, Indonesia for distribution by the IFRF across Indonesia’s national fire services network.
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New APAC leader for FM Global
25 September 2019 | Middle East Insurance Review
FM Global has made several senior leadership appointments following the forthcoming retirement of senior vice president and EMEA/Asia Pacific division manager Stefano Tranquillo. In Asia Pacific, Mr Ziad Alex Tadmoury has been appointed senior vice president and Asia Pacific division manager. Currently based in Singapore, Mr Tadmoury started with the company 29 years ago working in claims and reinsurance.
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