FM Global reports gross premium increase for 2009
Business property insurers FM Global has announced gross premium in force of $4.7bn (£3.0bn) as part of its end of year results for 2009 – an increase of more than 5% year-on-year.
The firm, which also revealed a 35% growth in policyholder surplus to $6.3bn, reported net income of $840m. In addition, the company posted a combined ratio of 69.6%, better than forecast, due in
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