Keyword
lithium-ion batteries

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Combined ratio down 2.1 points for FM Global

March 31, 2017 by Canadian Underwriter

Property insurance carrier FM Global released Thursday its financial results for 2016, reporting gross premiums earned of $5.44 billion. All figures are in U.S. dollars. In 2015, Johnston, R.I.-based FM Global had reported gross premiums earned of $5.49 billion. Net…

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Large-format lithium-ion batteries greater hazard in warehouse fires than smaller such batteries: FM Global

December 7, 2016 by Canadian Underwriter

Large-format lithium-ion batteries, such as those used in electric cars, tend to ignite more quickly in a warehouse fire and generally present a higher hazard than small-format batteries used in smartphones and laptops, according to new research. FM Global, one…