LONDON, UK—S&P Global Ratings has affirmed the ‘A+’ financial strength rating and “Stable” outlook for commercial and industrial property insurer FM Global, highlighting that the company is an “industry leader,” has “strong operating results,” “significant global presence” and “best-in-class loss prevention services.” This is the third consecutive year FM Global has maintained this rating which also applies to its middle market affiliate AFM and its United Kingdom-based subsidiary FM Insurance Company Limited.

In its affirmation, the ratings firm noted FM Global's “mutual ownership structure allowing for a long-term strategic view of risk” as well as the insurer’s “positive reputation, significant market presence, and overall positive operating results.” It also added that FM Global is “highly regarded for using its engineering expertise in assessing client risks to help prevent and mitigate losses, fostering a significant commercial advantage over competitors.”

FM Global “offers best-in-class products and services that keep pace with the needs of its policyholders and owners,” said S&P pointing to how FM Global “utilises (its) state-of-the-art Research Campus to replicate potential property hazards and develop risk mitigation strategies” and noting industry surveys that report “FM Global is the world's leading provider of large commercial property coverage.”

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.