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FM Global reports UK success

Industrial property specialist FM Global saw its UK gross written premium rise 16% in 2003 to US$571m (£332m) for the year ended 31 December 2003. It now aims to provide insurance and risk management services to more than one third of manufacturing, publishing, retail and utility companies in the FTSE 100.

Globally the company said net income rose to US$666m versus US$244m in 2002. Pre-tax operating income, before realised investment gains and losses, increased to US$998m compared to US$524m the prior

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