The Insurance Market in 2010: The Lingering Impact of the Recession on Capacity and Pricing

The commercial lines insurance market has been pummeled by the combined impact of deeply depressed rates and declining written premiums resulting from the global recession. Nonetheless, insurers will post a profit for 2009 and capacity remains abundant. Insurance buyers are likely to enjoy another year of favorable pricing, though rate increases loom on the horizon.

About FM Global

More than one of every three FORTUNE 1000 companies, and similar size organizations around the world, turn to FM Global (www.fmglobal.com) to develop cost-effective property insurance and engineering solutions to protect their business operations from fire, natural disasters and other types of property risk. FM Global ranks #766 among FORTUNE magazine's largest companies in America and is rated A+ (Superior) by A.M. Best and AA (Very Strong) by Fitch Ratings. The company has been named "Best Property Insurer in the World" by Euromoney magazine and "Best Global Property Insurer" by Global Finance magazine.