AM Best affirms FM Global’s top tier rating

FM Global has received an A+ (Superior) financial strength rating affirmation with a “stable” outlook from AM Best.

The rating also applies to the company’s affiliates, including Affiliated FM Insurance Company, FM Insurance Company Limited, FM Insurance Europe S.A. and Appalachian Insurance Company.

The rating agency said: “The rating reflects FM Global’s balance sheet strength, which AM Best categorises as strongest, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management.”

FM Global is a mutual insurance company with a history dating back almost 200 years.

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