As we face growing complexities across businesses and industries, resilience is being redefined and the role of a risk manager is becoming more demanding and uncertain than ever before. The risk landscape is highly diverse with risk managers handling new and emergent hazards alongside traditional risks.

While COVID-19 has dominated the risk agenda in 2020, the threats from natural catastrophes have not gone away. Research commissioned by FM Global following major flooding events in 2017 – including hurricanes Harvey, Irma and Maria – found that companies who suffered direct financial damage from these events also sustained a loss of 5% to their share price. Companies are now being held accountable for their management of natural disasters, demonstrating the importance of investing in resilience.

You can find a summary of this research in our white paper, “The Value Impact of Flood Events”. Download it here to discover: