FM Clients to Receive Share of $1 Billion in ‘Membership Credits’

Commercial property insurer FM announced an enhanced $1 billion membership credit for eligible mutual policyholders, allowing client-owners to receive more credit sooner.

Johnston, Rhode Island-based FM said May 5 that with this year’s credit, FM will have returned more than $3.8 billion through its membership credit program over the last four years and $7.5 billion since 2001.

In 2024, FM and its client completed more than 46,000 recommended risk improvements, reducing loss exposure associated with property risk by an estimated $1 trillion. Through the membership credit program, FM will offer a credit to all eligible mutual policyholders with renewal or anniversary dates from June 30, 2025, through June 29, 2026.

“The membership credit is a testament to the strong, enduring partnerships we form with clients and our work together to mitigate risk, protect their purpose and prevent losses before they happen,” said Malcolm Roberts, chairman and chief executive officer of FM.

A detailed overview of the 2025/2026 membership credit plan—including eligibility, timing and basis for calculations—is available here