3 rd & 4 th October 2013 Istanbul – Turkey

1. 5th International Istanbul Insurance Conference 3rd & 4th October 2013 Istanbul – Turkey Ishfaq Khan – Account Manager EMEA WorldReach Network

2. Content • FM Global Overview • FM Global Business Model • External Validation • Conclusion

4. FM Global Overview

5. 178 Years of Experience Founded: 1835 Owned by Policyholders Type of Company: Mutual Specialists Type of Insurance: Property Only Worldwide Territory Offices: 51 Local Admitted policies placed: 110 countries 26% Global Market Share U.S. Market Share: 35% 94% Customer Retention Industry Average: < 80% Operations History 5,200 Employees Engineers: 1,800 Field Inspections: 110,000 annually in 142 countries $125M Research Campus 63% Loss Ratio - 7 year avg. Industry 7 yr. Average: 78% Highly Rated A.M. Best - A+, Superior Fitch - AA, Very StrongFinancial Strength Total Assets: $16.4 Billion Claims Paying Ability Surplus: $8.7 Billion Membership Credits Credited Premium: $2.1 Billion Loss Control Financials

6. FM Global Business Model

7. Delivering Value to Clients Through Four Key Differences • Mutual Governance • Specialty Focus • Loss Prevention • Global Consistency

8. FM Global Differences So what? • Value Created for Client • Voice • Large, stable capacity • Opportunity for client to share in positive experience MutualStructure • Client/owner commitment • High tolerance for volatility • Reduced dependence on reinsurance

9. So what? • Value Created for Client • Informed Risk Management decisions • Program stability and continuity • Rapid, fair claims settlement • Complete commitment to large property segment • Depth, knowledge, expertise • Capital dedicated solely toward short tail business • Dedicated claims service Specialty Focus

10. So what? • Value Created for Client • Understand Risk • Control Destiny Belief that loss is preventable • Assets versus Expense • Understand the Hazard • Exposure Driven Engineering • Practical Solutions

11. Research Campus

12. So what? • Value Created for Client • Control based on client needs • Easy access to local issues/information • Timely policy issuance, premium collection and efficient cash flow Global Consistency • Consistent worldwide approach to loss prevention, underwriting and claims • Transactional excellence

13. Client Value Summary Mutual Structure • Voice • Large Capacity • Share + experience Specialty Focus • Informed decisions • Program stability • Rapid, fair claims Belief that loss is preventable • Understand Risk • Control Destiny Global Consistency • Control • Easy access • Timely issuance

14. External Validation

15. Ranked #1 by U.S. Companies in the five most critical areas of insurance carrier performance Performance FM Global #766 Named Best Global Property Insurer and Best Property Insurer – North America ty Insurer – North America Third Parties tell us….

16. Public Acknowledgement Global Finance Magazine Names FM Global ‘World’s Best Supply Chain Risk-Consulting Services Provider’ July 17, 2013 JOHNSTON, R.I., USA—Commercial and industrial property insurer FM Global has been named the “World’s Best Supply Chain Risk-Consulting Services Provider” by Global Finance magazine in its July/August 2013 issue. FM Global “provides clients with tools and services to help them better understand and mitigate risk in their supply chains,” reports Global Finance in its rankings of the “World’s Best Supply Chain Finance Providers 2013.” The insurer “also includes awareness materials that enable companies to better understand their supply chain and associated risks. And its online toolkit helps companies better protect their supply chains against natural disasters.

17. Conclusion

18. Remember who we are? • We are a specialized Mutual insurance company • Mono-line Insurer – Commercial & Industrial Risk only • World leader in Insurance Risk Management & Research • Engineering driven underwriting • Financial Rating - A.M. Best - A+, Superior & Fitch - AA, Very Strong • Total Assets: USD $16.4 Billion • Insure 1 in every 3 Fortune 1000 Company

19. Thank You