January 28, 2009

Commercial Property Insurer FM Global Elects
Ruud Bosman to Its Board and Appoints Him Vice Chairman

JOHNSTON, R.I.—FM Global, one of the world’s largest business property insurers, has announced Ruud H. Bosman has been elected to its board of directors and appointed the role of vice chairman.

Bosman began his career with FM Global in 1971. He currently oversees all of FM Global’s operations, engineering, underwriting, marketing and claims activities around the world.

Bosman joins FM Global’s 12-member board, which comprises executives from the world’s most influential companies. FM Global is a mutual insurance company, owned and governed by its policyholders, which include more than one of every three FORTUNE 1000 companies and similar sized organizations in more than 130 countries.

Other members of FM Global’s board of directors include:

• Shivan S. Subramaniam, chairman and chief executive officer, FM Global
• David B. Burritt, vice president and chief financial officer, Caterpillar Inc.
• Walter J. Galvin, senior executive vice president, chief financial officer, Emerson Electric Co.
• Mary L. Howell, executive vice president, Textron Inc.
• John A. Luke Jr., chairman and chief executive officer, MeadWestvaco Corp.
• Gracia C. Martore, executive vice president and chief financial officer, Gannett Co., Inc.
• Robert J. O’Toole, director and retired chairman and chief executive officer, A.O. Smith Corp.
• David Pulman, president, global manufacturing and supply, GlaxoSmithKline
• Elisabeth M. Struckell, vice president, business development, PepsiCo
• James C. Thyen, president and chief executive officer, Kimball International, Inc.
• Alfred J. Verrecchia, chairman of the board, Hasbro, Inc.

Established nearly 175 years ago, FM Global is a US$4.5 billion company that has been named “Best Property Insurer in the World” by Euromoney magazine and “Best Global Property Insurer” by Global Finance magazine. The company is rated A+ (Superior) by A.M. Best and AA (Very Strong) by Fitch Ratings with a “stable” rating outlook. Ranked 583 among FORTUNE magazine’s largest companies in America, FM Global works with clients to develop robust property insurance and engineering solutions to protect their business operations from fire, natural disasters and other types of property risk.

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