An Insurance Business Magazine article.
International insurer FM Global recently released a new global earthquake mapping tool which helps businesses compare earthquake and flood risk across the world, and to assess their resilience to a potential quake.
The map identifies New Zealand as one of the ‘higher risk’ areas in the Asia-Pacific region, which FM Global operations chief engineer Michael Stuckings (pictured) said is primarily due to its position between two major tectonic plates – something both local and international businesses with a base in New Zealand will need to keep in mind when assessing the vulnerability of their operations.
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