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FM Global Named "Best Global Property Insurer" and "Best Property Insurer
JOHNSTON, R.I. - Commercial and industrial property insurer FM Global has been named the "Best Global Property Insurer" and the "Best Property Insurer, North America" by Global Finance magazine in their September 2002 issue profiling the "World's Best Insurance Companies of 2002."
The magazine, which is read by more than 300,000 chairmen, presidents, CEOs, CFOs, treasurers and other financial officers in more than 160 countries, reports that "FM Global keeps attracting corporate risk managers with its stability and expertise" and "soothes the nerves of corporate financial officers with a history that goes back more than 165 years."
Global Finance also indicates that "multinationals with assets around the globe know they can turn to FM Global for the expertise they need to protect their buildings, property and equipment against such perils as fire, floods and earthquakes. In a market with fewer and fewer players, FM Global stands out as one of the few insurers that can write property cover on a global basis."
According to Global Finance, insurers making this year's list reflect those companies that, in a turbulent global economy, "have best weathered the storm, have reacted in the most decisive manner and have shown a clear appreciation of the route back to robust profitability."
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