How did FM Global's book of business do against Superstorm Sandy? Was Sandy a true test of FM Global's loss prevention engineering philosophy?
While Superstorm Sandy was one of the costliest natural disasters in our company's 178-year history, our financial capacity enabled us to absorb the losses we incurred with manageable bottom-line impact. Most damage seen was from storm surge and was preventable. Property owners with either fixed protection or strong flood emergency response plans designed to keep their business resilient saw considerably less impact than those without such plans.
Is FM Global doing anything new to help clients address flood risk?
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.