A.M. Best Affirms Ratings of FM Insurance Company Limited
LONDON--(BUSINESS WIRE)-- A.M. Best has affirmed the financial strength rating of A+ (Superior) and the issuer credit rating of “aa” of FM Insurance Company Limited (FMI) (United Kingdom). The outlook for both ratings remains stable.
The ratings of FMI primarily reflect explicit and implicit support from its parent, Factory Mutual Insurance Company and the wider FM Global Group, in particular the reinsurance and policy level financial guarantee. FMI also has a history of receiving additional capital from its parent when required, most recently in the form of a GBP 30 million capital injection in 2011. FMI is an important part of the FM Global Group as it serves the group’s clients outside of North America. FMI’s stand-alone risk-adjusted capitalisation remains excellent.
In accordance with Regulation (EC) No. 1060/2009, the following is a link to required disclosures: A.M. Best Europe - Rating Services Limited Supplementary Disclosure.
This press release relates to rating(s) that have been published on A.M. Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please visit A.M. Best’s Ratings & Criteria Center.
A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2015 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151008006079/en/
A.M. Best
George Athanasopoulos, +(44) 20 7397 0330
Financial
Analyst
[email protected]
or
Catherine
Thomas, +(44) 20 7397 0281
Senior Director, Analytics
[email protected]
or
Christopher
Sharkey, +(1) 908-439-2200, ext. 5159
Manager, Public
Relations
[email protected]
or
Jim
Peavy, +(1) 908-439-2200, ext. 5644
Assistant Vice
President, Public Relations
[email protected]
Source: A.M. Best
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