Standard & Poor’s (S&P) assigned a “BBBpi” FSR to Factory Mutual Insurance Co. and its two wholly owned pool members, Affiliated FM Insurance Co. and Appalachian Insurance Co., reflecting the pool’s dominant niche market position and strong capitalization. Offsetting factors include recent poor underwriting performance as well as volatility in earnings and premium revenues.
Topics Manufacturing
Was this article valuable?
Here are more articles you may enjoy.
Brown & Brown Estimates Cost of Howden-Driven Talent War Could Hit $60M in 2026 
CBIZ Brokerage to Be Spun Off, Backed by Private Equity, After $5B Grant Thornton Deal 
Insurers Are ‘Actively Evaluating’ New Catastrophe Risks as Europe Burns 
Trump’s Latest Tariffs Hit With New Lawsuit by 25 States From This Issue
