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Mutual Benefit: FM Global Clients to Receive US$465 Million Membership Credit in 2015/2016

LONDON, UK—Mutual clients of commercial property insurer FM Global will collectively receive an estimated US$465 million in premium credit when they renew their policies between June 30, 2015 and June 29, 2016, due to the company’s favourable operating performance. The “membership credit” each policyholder will receive will be based on annual premium and client tenure.

Following this credit, FM Global clients will have benefited from approximately US$3 billion in membership credit since the programme was introduced in 2001. Approximately 1,900 clients qualify, some of which have been FM Global policyholders since the late 1800s.

“As a mutual company owned by its clients, we are focused on helping our policyholders be more resilient in the face of adversity,” said Thomas A. Lawson, president and chief executive officer. “Our clients’ diligence towards property risk improvement efforts, combined with our favourable loss experience and financial strength, make it possible for us to provide eligible policyholders with this premium credit and share in our mutual success.”

FM Global clients holding policies consecutively for:

  • less than five years will be eligible for a five 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 2015/2016 membership credit plan (including eligibility, timing and basis for calculations) is available at

About FM Global

Marking 180 years in business, FM Global ( is a US$5.6 billion 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. In 2015, Global Finance Magazine named FM Global the ‘World’s Best Supply Chain Insurance Provider.’ In the United Kingdom, FM Global is the communicative name for FM Insurance Company Limited.