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FM Global’s Clients to Receive US$435 Million Membership Credit in 2017/2018 Due to Company’s Strong Financial Performance

LONDON, UK—Commercial and industrial property insurer FM Global has announced that its eligible policyholders will collectively receive an estimated US$435 million in membership credit when they renew their policies between June 30, 2017, and June 29, 2018. The membership credit is a result of the company’s strong operational and financial results in 2016—during which FM Global posted a combined ratio of 83.2 percent and had a policyholders’ surplus of US$11.9 billion.  


“The membership credit exemplifies the core value of our mutual structure,” said Thomas A. Lawson, president and chief executive officer. “Our clients’ support of risk improvement and business resilience was fundamental to FM Global’s outstanding financial results last year—making it possible for us to offer this benefit for a fifth consecutive year.”


This is the 10th time and the fifth year in a row 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$3.8 billion in membership credit since the program was introduced in 2001.


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


FM Global eligible policyholders holding policies for:


  • fewer than 5 consecutive years will be eligible for a 5 percent credit.
  • 5 consecutive years but fewer than 20 will be eligible for a 10 percent credit.
  • 20 consecutive years or more will be eligible for a 15 percent credit.

A detailed overview of the 2017/2018 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.