FM Global, a industrial property insurer and a pacesetter in loss prevention and enterprise continuity, has launched its newest rankings and outlooks from Fitch Ratings and S&P Global Ratings.
FM Global’s rankings from Fitch
FM Global has acquired a “AA” (very sturdy) monetary power ranking and a “stable” outlook from Fitch.
Fitch’s ranking affirmation “reflects FM Global’s long-term underwriting profitability, very strong capitalization, and competitive advantages derived from the company’s engineering expertise and global presence in specialty commercial property insurance markets, as well as benefits drawn from the company’s mutual company status,” FM Global mentioned in a press launch.
FM Global’s rankings from S&P Global Ratings
FM Global has acquired an “A+” monetary power ranking and a “stable” outlook from S&P Global Ratings.
S&P Global Ratings described FM Global because the “world’s largest commercial property insurer and a formidable leader in specialized engineering-based property underwriting and research.”
The credit standing company highlighted FM Global’s extremely valued personalized loss prevention options complementing massive industrial property merchandise and stable long-term underwriting efficiency.
It added that FM Global’s “highly regarded reputation for engineering expertise in assessing client risks to prevent and mitigate losses gives it a significant commercial advantage over competitors, as shown by its high client retention and generally favorable underwriting performance.”
FM Global, established almost two centuries in the past and entered the Asia-Pacific area 50 years in the past, lately established its third analysis middle, following two situated within the northeastern US.