CFOs increasingly on hook for failures in nat cat risk management, warns FM Global

Devastation caused by Hurricane Florence

Chief financial officers (CFOs) will increasingly be held to account by investors and shareholders if they fail to manage their firm’s natural catastrophe risk, FM Global says in a new whitepaper. Arguing that CFOs must act now to prepare against natural disasters, it seems the insurer believes an opportunity exists for risk managers to assist these key allies. FM Global…

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