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FM Global's Clients to Receive US$465 Million Membership Credit in 2016/2017 Due to Company’s Strong Financial Performance

LONDON, UK—As a result of its strong operational and financial results in 2015, commercial property insurer FM Global has announced its clients will collectively receive an estimated US$465 million in premium credit when they renew their policies between June 30, 2016, and June 29, 2017. FM Global posted a profitable combined ratio of 85.3 percent in 2015 and had a policyholder surplus of US$11 billion.

“The membership credit embodies the core value of our structure as a mutual insurance company,” said Thomas A. Lawson, president and chief executive officer. “Our clients’ dedication and focus on risk improvement and business resilience is central to the reduction and frequency of losses experienced last year, making it possible for us to provide a membership credit for the fourth straight year.”

This is the ninth time that FM Global has been able to make this type of tangible benefit available to its policyholders. Following this credit, FM Global clients will have benefited from approximately US$3.4 billion in membership credit since the programme was introduced in 2001.

The membership credit each policyholder receives will be based on annual premium and client tenure. Approximately 1,900 clients qualify, some of which have been FM Global policyholders since the late 1800s.

FM Global clients holding policies consecutively for:

  • fewer than five years will be eligible for a 5 percent credit;
  • five to 19 consecutive years will be eligible for a 10 percent credit;
  • 20 consecutive years or more will be eligible for a 15 percent credit.

A more detailed overview of the 2016/2017 membership credit plan (including eligibility, timing and basis for calculations) is available at

About FM Global

Established nearly 200 years ago, FM Global ( is a mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its client-owners. FM Global works with many of the world’s largest organisations to develop cost-effective property insurance and engineering solutions to protect their business operations from fire, natural disasters and other types of property risk. FM Global is rated ‘A+’ by Standard & Poor’s, ‘A+’ (Superior) by A.M. Best, and ‘AA’ (Very Strong) by Fitch. In the United Kingdom, FM Global is the communicative name for FM Insurance Company Limited.