Filed Under:Agent Broker, Commercial Business

FM Global Posts $32M Net Loss in 2011; Gross Premiums Up 5.4%

Correction: March 30, 9:02 a.m. EDT

NU Online News Service, March 27, 10:19 p.m. EDT

According to data compiled by SNL Financial LC, Johnston, R.I.-based mutual property insurer FM Global reported a net loss of $32 million for 2011 compared to net income of more than $767 million for the prior year.

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