European countries take up 9 of the top 10 places in the latest resilience index from commercial property insurer FM, which ranks 130 countries and territories by the resilience of their business environments.

Denmark occupied the number one position for the third straight year, followed by Luxembourg, Singapore, Norway, Switzerland, Germany, Sweden, Ireland, Finland and Belgium. Denmark’s performance was driven by an increase in its scores in cybersecurity, climate risk exposure, climate risk quality, fire risk quality and greenhouse gas emissions, reinforcing its position within the FM Resilience Index.

The United States – which includes three zones – finished outside the top 10, with Zone 1 (Eastern United States) ranking 12th, Zone 2 (Western United States) 16th and Zone 3 (Midwest / Southwestern United States) at 11th. Elsewhere in the Americas, Mexico (80) slipped by four spots and Brazil (71) by 14. In Asia, India continued its rise, moving up three spots in Zone 1 (Eastern India) to 94, and four spots in Zones 2 (Northern India) to 100 and 3 (Central / Western region) to 76.

Overall, the index reveals relatively higher scores in Europe and Asia, mixed performance in parts of the Americas, and improvements in several African countries. Leo Kushner, business intelligence director at FM, said: “What businesses don’t see can hurt them, especially as climate and operational risks shift faster than expected. The 2026 FM Resilience Index delivers the objective insight leaders need to navigate volatility, understand evolving risk and make more resilient strategic decisions.”

Compiled with the use of real-world property loss analysis, FM says its resilience index carries weight beyond its charts and rankings, adding that locations that sit within the top 50 tend to recover more than 30% faster from property losses on average than those further down the table.

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