Fitch Ratings has assigned an AA- insurer financial strength rating to FM Insurance Company (FMIC), with a stable outlook.

It said the rating reflected its view that FMIC is a core part of the Factory Mutual Group, known as FM Global, which has an AA- rating.

It said the subsidiary benefits from significant reinsurance support from its parent as well as a policy guarantee level. It has strong stand-alone capitalisation and operating performance, said the ratings agency.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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