04 May 2007 FM Global Climbs 12 Spots on FORTUNE Magazine’s 2007 List of Largest U.S. Companies Commercial Property Insurer Ranks #578 Among the Top 1,000 Companies; Ranks #3 Among Rhode Island Companies on the List JOHNSTON, R.I., USA –based FM Global, a $4.5 billion insurer to owners of large commercial, industrial and institutional property worldwide, has climbed 12 spots to #578 on FORTUNE magazine’s 2007 list of America's largest companies, based on 2006 revenue. FM Global debuted on FORTUNE’s list in 2003 at #697; last year, the company ranked #590. FORTUNE magazine is one of the largest and longest-running business magazines in the United States, and is especially known for its annual feature ranking the largest 1,000 companies by revenue. Among FORTUNE 1000 companies in Rhode Island, FM Global ranked third behind CVS and Textron. "As a policyholder-owned mutual insurance company that works with its clients to help them prevent property-related risks from disrupting their operations, FM Global looks forward to another successful year ahead," said Shivan S. Subramaniam, FM Global chairman and chief executive officer. "We couldn’t have achieved our current level of success without a strong, differentiated business model and the continued dedication and hard work of our employees worldwide." Established in Rhode Island in 1835, FM Global has grown rapidly in recent years to become one of the world’s largest business property insurers with clients in more than 100 countries worldwide. Its clients include one out of every three FORTUNE 1000 companies. FM Global is headquartered at 1301 Atwood Avenue in Johnston, R.I. and maintains more than 50 offices worldwide, including a research campus in Glocester, R.I., and offices in Norwood and Waltham, Mass. The company is rated A+ (Superior) by A.M. Best Company and AA (Very Strong) by Fitch Ratings for its financial strength and performance.