FM Financial Strength Rating Affirmed A+ (Superior) by AM Best

JOHNSTON, R.I., USA, Feb. 10, 2026 - Commercial property insurer FM today announced that AM Best, a leading global credit rating agency, news publisher and data analytics provider specializing in the insurance industry, affirmed the company's Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Ratings (Long-Term ICRs) of "aa" (Superior) with a stable outlook.

In its announcement, AM Best cited FM's balance sheet strength, strong operating performance, favorable business profile and appropriate enterprise risk management. FM's "balance sheet strength assessment remains at the strongest level. … In recent years and through the first nine months of 2025, [FM] has produced robust surplus growth through strong operating results."

AM Best continued: "The stable outlooks reflect AM Best's expectation that FM's risk-based capitalization and operating performance will continue to exhibit generally excellent trends."

The 2026 AM Best ratings follow AA (Very Strong) and AA- ratings announced in late 2025 by Fitch Ratings and S&P Global Ratings, respectively, for FM.

About FM

Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world's largest organizations, including one of every four Fortune 500 companies. They work with FM to better understand the hazards that can impact their business continuity to make cost-effective risk management decisions, combining property loss prevention with insurance protection.

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