insurance

FM Global gets ‘AA’ rating from Fitch

COURTESY FM GLOBAL
FM Global also earned a “stable” rating outlook from Fitch. This is the eighth time in a row FM Global earned those ratings.
Posted 3/19/13

JOHNSTON – FM Global, one of the world’s largest commercial property insurers, has received an “AA” – or very strong – financial strength rating from Fitch Ratings, according to a press release.

FM Global also earned a “stable” rating outlook from Fitch. This is the eighth time in a row FM Global earned those ratings.

“The ratings continue to reflect FM Global’s strong capital and long-term underwriting profitability, competitive advantages derived from the company’s engineering expertise and global presence in specialty commercial property insurance markets, as well as benefits drawn from the company’s mutual company status,” according to Fitch.

The ratings apply to members of the FM Global group, including Affiliated FM Insurance Co. and FM Insurance Company Limited.

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