This white paper, 'Master the Disaster' put out by FM Global, is one of the latest papers on the risk of ever-worsening natural disasters and insuring against that risk. FM Global is an international mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its client-owners. These owners represent many of the world’s largest organizations, including one of every three Fortune 1000 companies. They work with FM Global to better understand the hazards that can impact their business continuity in order to make cost-effective risk management decisions, combining property loss prevention with insurance protection. UTas and Launceston City Council are wilfully ignoring the research and warnings of the international insurance industry in relation to floods, climate change, rising sea levels etc at their peril.
