2023 annual report
In addition to performance and financials, our 2023 Annual Report highlights several client and leadership stories that illustrate how we're not just a property insurer, but a proactive business ally in building resilience.
Financial health
A company built for volatility
Choose a partner in resilience that walks the talk. For nearly 200 years, we have offered stability and security, even through some of the most volatile economic ups and downs—and we’ve got the balance sheet and financial ratings from Fitch, A.M. Best and S&P Global to prove it.
This is just one of the reasons more than 90 percent of our policyholders stay with us year after year—some for more than 100 years. This consistency is due, in no small part, to a unique client focus, a mutual ownership model, and a very rewarding potential membership credit programme.
The bottom line is that we’ve created a business model that means our financial success is your financial success. It’s not just a partnership. It’s a very beneficial one.
Industry ratings:
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Tax strategy
Details of our approach to tax are in the attached Tax Strategy document which applies to all FM group companies based in the UK.