FM Global in the News

Whether it's a feature article on our groundbreaking research or an interview with one of our industry leaders, FM Global is frequently in the news. From here, you can read recent news reports and informative articles written by or featuring commentary from company experts.

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FM Global unveils member credit program
FM Global unveils member credit program
October 11, 2021 | Insurance News
US mutual insurer FM Global says eligible policyholders will collectively receive about $US600 million ($820 million) in membership credit when they renew their cover next year. The membership credit an eligible policyholder receives will be based on their premium and tenure and applied as an offset against premium at a client’s renewal or anniversary date. A few clients have been policyholders since the late 1800s, the business says. “Despite a world facing increasing risks and the continuing challenges of the COVID-19 pandemic, our policyholders’ proactive approach to property risk improvement continues to contribute to their resilience and their ability to mitigate losses,” Chairman and CEO Thomas A. Lawson said. “As a mutual insurance company, the membership credit is one way we recognise our client-owners for making a strategic decision to choose resilience.” The business says in the past 12 months, clients completed over 50,000 of its engineering-driven risk improvement recommendations, resulting in approximately $US700 billion ($957 billion) of loss exposures mitigated.
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Storms await companies that err on climate
Storms await companies that err on climate
August 18, 2021 | Financial Times
Markets are increasingly willing to punish businesses that mismanage climate-related risks, according to FM Global-commissioned research conducted by Pentland Analytics.
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Let Colonial Pipeline  fuel our fight back
Let Colonial Pipeline fuel our fight back
June 30, 2021 | Strategic Risk APAC
Pankaj Thareja speaks to Strategic Risk APAC (on page 10) to discuss cyber vulnerability in the modern age and how resilience is a choice when it comes to protecting critical infrastructure
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