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A.M. Best Affirms FM Global’s A+ (Superior) Financial Strength Rating

Insurer Touted as a Market Leader Among Commercial Property Insurance Providers

JOHNSTON, R.I., USA—Insurance ratings company A.M. Best has affirmed commercial property insurer FM Global’s A+ (Superior) financial strength rating and given the company a “stable” rating outlook, noting the insurer’s “market leadership position in the commercial property market.” For more than a decade, the mutual insurance company has maintained this rating.

The rating acknowledges FM Global’s “excellent level of risk-adjusted capitalization, historically strong operating performance, the benefits gained from its innovative loss prevention process and approach to property conservation,” according to A.M. Best.

A.M. Best pointed out that FM Global serves a “significant” number of FORTUNE 1000 companies worldwide, many of which have been clients for more than a quarter century. The ratings company added that FM Global’s “ability to consistently retain more than 90 percent of its policyholders is a result of its stable capacity, unmatched engineering, global reach, loss prevention technology and shared commitment to property preservation.”

The rating is an independent opinion based on a comprehensive quantitative and qualitative evaluation of the company’s balance sheet strength, operating performance and business profile.

Established in 1835, FM Global is a US$5.5 billion mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management. Its clients, who share the belief that the majority of property loss is preventable, 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.

Established in 1835, FM Global is a US$5.5 billion mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management. Its clients, who share the belief that the majority of property loss is preventable, 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.

 

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