A.M. Best gives FM Global A+ financial strength rating

FM Global received an A+ (Superior) financial strength rating from A.M. Best.
FM Global received an A+ (Superior) financial strength rating from A.M. Best.

JOHNSTON – FM Global, a commercial and industrial property insurer, has received an A+ (Superior) financial strength rating from A.M. Best, an insurance ratings company.
The company also received a “stable” rating outlook. A.M. Best said that reflects its view that FM Global’s “risk adjusted capitalization will remain more than supportive of the current ratings, driven by strong earnings and its leadership in providing property coverages worldwide.”
A.M. Best noted FM Global’s “historically strong operating performance” as well as “the benefits gained from their advanced approach to loss prevention and property conservation,” according to a news release from FM Global.
FM Global, the rating agency said, “is a market leader among providers of commercial property insurance in the United States, serving a significant number of Fortune 1000 companies worldwide, many of which have been with the company for more than 25 years.” A.M. Best also noted “the group’s ability to retain consistently more than 90 percent of its policyholders is a result of its stable capacity, unmatched engineering, global reach, loss prevention technology, shared commitment (with its policyholders) to property preservation and the strategic use of membership (premium) credits.”
FM Global has retained the Superior rating for more than a decade.

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