FM Global profits $796M in 2016

JOHNSTON – FM Global, an international property insurer, boasted 2016 profit growing 8 percent to $796.8 million compared with a year earlier. The Johnston-based giant realized year-over-year revenue growing 1.1 percent to $4.1 billion. The company reported an improved combined ratio of 83.2 percent, representing incurred losses and expenses divided by earned premium, marking a…

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