Commercial Property News Archive for 27-Oct-2007

Commercial Property Insurer FM Global Earmarks US$380 Million to Policyholders in 2008 (Business Wire via Yahoo! Finance)

JOHNSTON, R.I.----Clients of commercial property insurer FM Global will, collectively, be credited with an estimated US$380 million when they renew their policies in 2008. The "membership credit" is a result of the company's excellent operating performance due, in large part, to policyholders' effective loss prevention efforts.

Bank of England's Dour Outlook Weighs on the British Pound (Daily FX via Yahoo! Finance)

On Thursday, the Bank of England issued a gloomy outlook for the UK?s financial markets, noting that the credit, equity, and commercial property markets remain "vulnerable to further adjustments."