Author: admin

  • Iran Ready for ‘Negotiations With Dignity’, Says President Amid Rising Regional

    Tehran, May 11 (BNP): Iran has expressed its willingness to continue diplomatic engagement and negotiations, provided the talks are conducted with “dignity,” mutual respect, and without pressure or threats, according to Iranian media reports.

    Iranian President Masoud Pezeshkian stated that Tehran remains open to dialogue and peaceful solutions but will firmly safeguard the country’s national interests and sovereignty. He emphasised that negotiations must be based on fairness, respect, and international principles rather than coercion or unilateral demands.

    The remarks come at a time of heightened tensions in the West Asia region and ongoing diplomatic efforts involving the United States and regional mediators to reduce conflict and restore stability. Reports indicate that discussions are continuing through indirect diplomatic channels, with Iran recently responding to a US-backed proposal aimed at easing tensions in the region.

    Iranian officials have maintained that while the country prefers diplomacy over confrontation, it will not compromise on its rights, security, or strategic interests during any future negotiations.

  • FabriCare by D’Decor Honors Mothers with ‘Bring Out the Girl Within’ Campaign

    Mumbai, May 11: Mothers spend their lives building beautiful homes…and somewhere along the way, they get conditioned to constantly protect them. They restrain their kids from creating mess on their curtain and upholstery fabrics. In the pursuit of keeping everything perfect, many mothers quietly put away their own carefree side. This Mother’s Day, FabriCare, the high-performance home furnishing brand from the house of D’Decor, set out to change that through a heartwarming campaign that celebrates the playful spirit and the little girl that still lives within every mother.

    At the heart of the campaign lies a simple yet deeply relatable insight: while mothers spend years protecting their homes from spills, stains, scribbles, and messes, they rarely get moments where they themselves can let go without worry.

    As part of a unique social experiment, FabriCare by D’Decor invited a group of mothers for what seemed like a simple activity inside one of its stores. But what followed surprised them. They were handed crayons, sketch pens, and elegant FabriCare cushion covers  and encouraged to freely draw, colour, and create without hesitation.

    What began with nervous laughter and disbelief soon transformed into uninhibited creativity, childlike excitement, and pure joy. As the women slowly let their guard down, the experience became more than just an activity  it became a reminder of a carefree side of themselves that everyday responsibilities often push aside.

    The film culminates in a magical reveal as every colour mark wipes away effortlessly, showcasing FabriCare’s advanced easy-clean technology. But beyond demonstrating product innovation, the moment symbolises something deeper  the freedom to enjoy beautiful homes without constantly worrying about protecting them.

    The campaign concludes with the message: “For all the mothers out there… we hope you never lose the girl within you.”

    Speaking about the campaign, Nikita Desai  Vice President, Strategy, Brand & Business Excellence, , D’Decor Home Fabrics said,

    “Mothers naturally become protectors of the homes they build with so much love. Over time, that sense of responsibility often makes them more careful and restrained, even in small everyday moments. With this campaign, we wanted to create an experience where mothers could momentarily stop worrying, let go of inhibitions, and reconnect with their carefree side again.”

    At FabriCare, we believe that beautiful homes should be lived in fully and fearlessly  not protected so much that they stop people from truly enjoying them. This campaign is ultimately a celebration of joy, freedom, and the little girl within every mother who still deserves moments of playfulness and self-expression.

    The FabriCare Mother’s Day film is now live across FabriCare and D’Decor’s digital and social media platforms. Through its blend of emotional storytelling, authentic reactions, and purposeful product innovation, the campaign offers a refreshing and relatable celebration of motherhood — one that honours not just everything mothers do for others, but also the joy and freedom they deserve for themselves.

     
  • A Simple Change in Cooking Oil is Supporting Better Health Across Indian Homes

    A Simple Change in Cooking Oil is Supporting Better Health Across Indian Homes

    In India, the idea of health is gradually shifting from treatment to prevention. For many years, people focused on managing health concerns after they appeared, but today there is growing awareness that long term wellbeing depends on everyday habits. Food plays a central role in this shift, as it is one of the most consistent aspects of daily life. In Indian households, cooking is not just about nourishment but also about care and tradition. Among all ingredients used regularly, cooking oil holds a significant place, and it is now being looked at more closely for its impact on overall health.

    Benefits of Rice Bran Oil in Indian Households:

    ·It Promotes good heart health lowers bad cholesterol

    ·Best suited for daily cooking needs of Indian Households providing good taste & good heart health / high smoking point & neutral taste

    ·Priced to provide good heart health without pinching your pocket

    As lifestyle related conditions such as heart disease and diabetes become more common, Indian consumers are becoming more mindful about the quality of fats in their diet. Nutrition experts today recommend choosing oils that provide a balanced combination of fats rather than eliminating them completely. Rice bran oil fits well into this preventive approach as it offers a balanced ratio of polyunsaturated fatty acids and monounsaturated fatty acids, known as PUFA and MUFA, along with low saturated fats. This balance supports heart health when used consistently as part of a regular diet.

    Another important aspect that makes rice bran oil relevant is the presence of natural antioxidants such as oryzanol, tocopherols, and tocotrienols. These compounds play a key role in helping manage cholesterol levels by reducing low density lipoprotein and maintaining high density lipoprotein. In the context of preventive health, such properties become important because they support long term wellbeing rather than offering short term benefits. Regular use of a nutritionally balanced oil can contribute to better health outcomes over time without requiring major changes in diet.

    When health is everyone’s top concern, Rice Bran Oil seems to be the healthiest option available According to Dr. Rohini Sharma, Ph. D. Food Science and Nutrition, Consultant Food Technologist, Consultant Nutritionist, and Life Coach speaking at International Conference on Rice Bran Oil (ICRBO)-2023, “Rice Bran Oil is a very healthy oil and more people should know the benefits of using the Rice Bran Oil. Rice Bran Oil has a balanced fatty profile with PUFA and MUFA in the ratio of 1:1, and very low saturated fatty acids. It is rich in nutraceuticals – Oryzanol, tocopherol, and tocotrienols which are natural Antioxidants. Gamma-Oryzanol present in Rice Bran Oil, it reduces Bad Cholesterol (LDL) and maintains Good Cholesterol (HDL). Furthermore, rice bran oil has a high smoke point, which means that it can be used for high-temperature cooking like in the Indian Households. Keeping these benefits in mind, we suggest people to use rice bran oil for daily cooking and make a healthier choice”.

    Practicality is equally important when it comes to adopting healthier choices in Indian kitchens. Cooking methods in India often involve high temperature techniques such as frying, sautéing, and tempering. Rice bran oil has a high smoke point. It remains stable during the regular cooking processes in an average Indian kitchen, ensuring that its nutritional qualities are retained. Its neutral taste and light texture make it suitable for a wide variety of dishes, allowing families to continue their traditional cooking practices without compromise.

    According to Riya Sharma, an IT professional, “With a busy work schedule, I look for ingredients that are both healthy and convenient to use in everyday cooking. After switching to Freedom Rice Bran Oil, I found that it fits easily into my routine. It is light, does not feel heavy after cooking, and works well for different types of dishes. Most importantly, it does not alter the taste or flavour of food, which is very important for my family. Knowing that it is suitable for Indian cooking methods and supports better health gives me confidence that I am making the right choice without compromising on taste.”

    In this context, Freedom Rice Bran Oil plays an important role by offering a product that aligns with both health needs and everyday usability. With a high oryzanol content of more than 10000 ppm along with natural antioxidants like tocopherols and tocotrienols, it supports cholesterol management and overall wellbeing. Its balanced PUFA and MUFA composition and high smoke point make it suitable for daily cooking across Indian households, making it easier for families to take a preventive approach to health without changing their food habits.

    According to Mr. P. Chandra Shekhara Reddy, Senior Vice President – Sales & Marketing, Freedom Rice Bran Oil, “There is a clear shift towards preventive health, where people are becoming more conscious about everyday food choices. Cooking oil is a key part of this shift because it is used across all meals. Freedom Rice Bran Oil is rich in oryzanol content of more than 10000 ppm, along with natural antioxidants like tocopherols and tocotrienols. When combined with a balanced diet, regular physical activity, and adequate rest, such choices can contribute significantly to long term health and overall wellbeing. Moreover, Rice Bran Oil is of Indian origin, so its supply is not disturbed by global developments. Over the past few months, the price of Rice Bran Oil is at par with other regular oils making it ideal healthy choice for Indian households.”

    So, switch to Rice Bran Oil – For Good Taste & Good Health.

  • Singapore’s Award-Winning Preschool Red SchoolHouse Enters India; Targets 150+ Schools Expansion

    Bengaluru, May 11: Singapore-origin preschool brand Red SchoolHouse (RSH) has officially entered the Indian market with the launch of its first centre in Bengaluru. The brand has partnered with Franchise India as its master franchise partner to drive its expansion across the country. As part of its India growth strategy, Red SchoolHouse is targeting the launch of 150+ schools across India over the next 2–5 years through a franchise-led expansion model.

    Founded in 2004, Red SchoolHouse is a multi-award-winning preschool brand from Singapore, known for its globally inspired early childhood education approach and proprietary SPICE™ curriculum focused on Social, Physical, Intellectual, Creative, and Emotional development.

    Redschool house 1

    India marks a key strategic market for the brand as demand continues to grow for premium and internationally aligned preschool education among urban families.

    “India is an extremely important market for us, given the strong demand for quality early childhood education and globally aligned learning models. Through our partnership with Franchise India, we look forward to building a strong and scalable presence across the country over the coming years,” said Rachel Goh, CEO & Founder, Red SchoolHouse.

    The Bengaluru launch marks the beginning of the brand’s larger India expansion plans, with the company actively exploring partnerships and franchise opportunities across major metro and high-growth cities.

    “India’s preschool and early learning segment continues to see significant growth, particularly among parents seeking international education standards and holistic learning environments. Red SchoolHouse brings a globally established education model with strong long-term expansion potential for the Indian market,” said Gaurav Marya, Chairperson, Franchise India.

    With its India entry, Red SchoolHouse aims to build a premium preschool network focused on globally inspired learning and scalable education-led growth across the country.

  • CaratLane Doubles Production Capacity with New Chennai Manufacturing Facility

    CaratLane Doubles Production Capacity with New Chennai Manufacturing Facility

    Chennai, India May 11: CaratLane, a Tata Group company and India’s leading omnichannel fine jewellery brand, today announced the launch of its new state-of-the-art manufacturing facility in Chennai, marking a significant milestone in its growth and operational expansion journey. Located in the SIDCO industrial area at No: 56, Irandankattalai, Thirumudivakkam, Tamil Nadu, the expansive 32,000 sq. ft. facility is spread across four dedicated floors and is designed to significantly enhance the brand’s manufacturing capabilities.

    The new unit is expected to double CaratLane’s overall production capacity, enabling the brand to meet growing consumer demand across India while maintaining its commitment to quality, craftsmanship, and innovation. The facility will also play a key role in generating approximately 100 new specialised jobs, contributing to local economic development.

    Speaking on the collaboration, Saumen Bhaumik, Managing Director of CaratLane, said: “This new manufacturing facility in Chennai represents a strategic investment in strengthening our supply chain and scaling operations to meet the evolving needs of our customers. By combining advanced technology with skilled craftsmanship, we at CaratLane are well-positioned to deliver high-quality jewellery with greater speed and efficiency, while also contributing to local employment and sustainable practices.”

    Equipped to manufacture the full spectrum of jewellery—from everyday wear to high-value solitaires — the facility integrates cutting-edge technologies to drive efficiency and precision. These include:

    • High-precision 3D printers for intricate prototyping
    • Advanced faceting machines for superior brilliance and finish
    • High-capacity laser cutting systems for enhanced productivity
    • Specialised equipment designed to create lightweight yet durable castings

    The adoption of these advanced technologies is expected to significantly reduce production lead times, enabling faster turnaround from design conceptualization to final delivery for customers.

    In line with CaratLane’s sustainability commitments, the facility incorporates eco-conscious practices, including the installation of solar panels generating 40 kW of clean energy. Additionally, it features an advanced water recycling system that ensures efficient reuse of water, minimizing the unit’s environmental footprint.

    The launch of this facility reinforces CaratLane’s commitment to innovation, operational excellence, and responsible growth, as it continues to expand its footprint across India.

  • Hong Kong’s Sculptural, Nature Inspired Dining Concept – PARKSIDE@NINA CWB Opens Today

     

     

    Hong Kong’s Sculptural, Nature Inspired Dining Concept - PARKSIDE@NINA CWB Opens Today

     

    11 May 2026, Hong Kong: PARKSIDE@NINA CWB opens today as the latest chapter in Hong Kong’s natureinspired dining scene. Designed by award-winning Atelier E – the creative studio behind PARKSIDE@NINA, featured among the 50 Most Beautiful Cafés in the World – the new retreat blends sculptural interiors and botanical elegance with a menu of international favourites and Asian inspirations. A partnership with Nina Hospitality, the restaurant is nestled within Nina Hotel Causeway Bay beside the lush greenery of Victoria Park. PARKSIDE@NINA CWB introduces a fresh expression of PARKSIDE@NINA’s philosophy while expanding its vision of dining rooted in nature across the city.

     Spanning more than 3,000 square feet and accommodating over 100 guests, the interiors are defined by dramatic oversized calla‑lily‑inspired lighting installations and inverted flower forms that hover overhead, creating a surreal, dreamlike canopy. A curtain wall floods the space with natural sunlight, while curvilinear seating and planter‑integrated banquettes soften the geometry and encourage intimacy. The interiors reflect the creative pedigree established at PARKSIDE@NINA, while unveiling a bold new statement in Causeway Bay.

     PARKSIDE@NINA CWB’s menu highlights a vibrant and indulgent range of dishes that balance beloved Asian classics with refined Western favourites. Appetisers include the delicate Smoked Salmon in Mini Cone (HK$138), crispy golden Korean Fried Chicken (HK$98), robust Garlic Flat Bread (HK$138) and silky Beef Carpaccio (HK$158).

     Regional signatures such as the fragrant Hainanese Chicken Rice (HK$228) and aromatic Nasi Goreng (HK$168) are joined by Hong Kong’s beloved specialty – comforting Wonton Noodle Soup (HK$158). These are presented alongside gourmet mains including the succulent PARKSIDE Wagyu Beef Burger (HK$168), tender Grilled Beef Tenderloin (HK$378), juicy Roasted Australian Lamb Rack (HK$348), and buttery King Prawn with Miso Butter (HK$288).

     For those dining in groups, the menu features highlighted dishes perfect for sharing, such as Baby Suckling Pig (HK$288) served with cherry tomato, roasted potato and honey mustard, and Black Pepper Braised Beef Short Ribs (HK$238) accompanied by sweet potato fries.

    Guests can also savour artisan wood‑fired sourdough pizzas and hand‑crafted pasta dishes, including the umami‑rich Japanese Smoked Tuna with Free Range Egg Pizza (HK$178), aromatic Tiger Prawn Casarecce (HK$188), earthy Morel Mushroom Risotto (HK$178), and crispy Soft Shell Crab Linguine Aglio e Olio (HK$198).

    Desserts complete the experience with a selection that is both playful and luscious. Highlights include the airy, delicate Lychee & Hibiscus Pavlova (HK$98), sinful Caramelized Banana (HK$98), and the decadent Wood Fossil Chocolate Cake (HK$88), a signature creation that pays homage to the restaurant’s design inspiration.

    From 18 May 2026, PARKSIDE@NINA CWB will open daily from 7 a.m. with breakfast offerings that span wholesome à la carte favourites – such as Avocado Toast, freshly made pancakes, and Greek yogurt bowls – alongside global breakfast set menus from HK$138, featuring comforting Chinese dim sum and wonton noodle soup, hearty American classics, and Japanese breakfast staples.

    PARKSIDE@NINA CWB also serves delightful set lunch options: three courses starting from HK$178 per person and four courses from HK$198 per person. These lunch menus feature a variety of starters like Tuna Niçoise Salad, Greek Salad or Caesar Salad with Smoked Salmon, followed by mains such as Cajun Rubbed Roasted Half Chicken, Pan-Fried Sea Bass, or Grilled Prime Beef Sirloin (add HK$65). In the evening, a four-course set dinner is available from HK$428 per person, featuring Salmon Tartare, Cream of Mushroom Soup and main course options such as Grilled Beef Prime Rib Eye (add HK$65) or Saikyo Miso Halibut Fillet. Both lunch and dinner sets include a choice of coffee or tea.

    An intimate private dining room for up to 10 people is designed with warm wood finishes and subtle botanical accents that mirror the restaurant’s sculptural interiors. This refined, secluded enclave provides a stylish setting for family gatherings, business dinners, or special occasions.

    Anchored by a sleek, sculptural bar framed with warm lighting and botanical accents, the space transforms into a contemporary social hub each evening. Stocked with an extensive international wine selection of more than 20 labels, alongside creative cocktails and refreshing mocktails, the bar adds a convivial dimension to the restaurant.

    Signature cocktails blend international spirits with Asian inspirations, from the distinctive Thyme Zone (HK$98), combining smooth whisky and a peach afterglow, and Hong Kong Sling (HK$98) to the aromatic Yuzu Espresso Martini (HK$98) and indulgent Whisky Sour Crème Brûlée (HK$118). Guests seeking lighter options can enjoy inventive mocktails such as Ruby Groove (HK$78) with yuzu and cranberry, or the whimsical Magic Potion (HK$78) with butterfly pea tea and tropical fruit.

    A dedicated highball series highlights Baijiu, Soju and Japanese whisky, while a large wine list spans Old and New World labels, encompassing red, white, rosé and sparkling selections. Draught beers, aperitifs, artisan teas and specialty coffees are also offered.

    From sunrise breakfasts to late‑night cocktails, PARKSIDE@NINA CWB moves with the rhythm of the city. Each part of the day carries its own energy – mornings begin with fresh starts, afternoons invite power luncheons, relaxed teas and catch‑ups, evenings bring the buzz of happy hour and dinner, and vibrant nights unfold over socialising at the bar.

    With its striking interiors, natural sunlight streaming through floor‑to‑ceiling glass, and distinctive wood fossils integrated into the design, PARKSIDE@NINA CWB is poised to become one of the city’s most distinctive lifestyle hotspots. It embodies the spirit of contemporary urban dining, presenting a curated menu of Asian classics and Western favourites in a welcoming setting, complemented by inventive cocktails and an extensive wine list.

    PARKSIDE@NINA CWB is located on the first floor of Nina Hotel Causeway Bay at 18 King’s Road, Tin Hau, Hong Kong. It is currently open from 12 noon to 11 p.m. daily, and will extend its operating hours from 7 a.m. to 11 p.m beginning on 18 May 2026, offering an all-day dining experience.

  • Himanta Biswa Sarma Elected NDA Leader, Set to Take Oath as Assam Chief Minister on May 12

    Guwahati, May 11 (BNP): Senior BJP leader Himanta Biswa Sarma was unanimously elected as the leader of the BJP Legislature Party and the BJP-led National Democratic Alliance (NDA) in Assam on Sunday, paving the way for him to continue as the Chief Minister for a second consecutive term.

    Following his election, Sarma met Assam Governor Lakshman Prasad Acharya and formally staked claim to form the new government in the state.

    The swearing-in ceremony of the new Council of Ministers is scheduled to be held on May 12 in Guwahati and is expected to witness the presence of Prime Minister Narendra Modi, senior BJP leaders, NDA allies, and several dignitaries.

    Sarma’s re-election as NDA leader comes after the alliance secured a strong mandate in the 126-member Assam Assembly. Party leaders and supporters celebrated the announcement, expressing confidence in the continuation of the government’s development agenda in the state.

    The BJP leader is expected to continue focusing on infrastructure growth, welfare initiatives, law and order, and economic development during his second term as Chief Minister.

  • Maveric Systems announces strategic brand positioning focused on Engineering Trust in AI-First Banking

    Chennai, May 11: Maveric Systems, a banking-exclusive technology specialist, announced its new market positioning — Engineering Trust in AI-First Banking — as financial institutions worldwide accelerate the transition from digital-first to AI-first enterprise models.

    Maveric Systems announces strategic brand positioning focused on Engineering Trust in AI-First Banking

    For CIOs, the shift from digital-first to AI is a business revisioning exercise. It requires reimagining people, processes, and technology through AI, ML and automation. This needs to happen across every critical imperative, from customer experiences and modernised, real-time systems, to operational cost reduction and regulatory compliance, as well as privacy.

    ” As AI moves into the core of the enterprise, the key challenge is how to scale AI reliably, securely, and responsibly across highly regulated, legacy-complex environments”, said Ranga Reddy, CEO & Whole Time Director, Maveric Systems. “What banks need is not another technology vendor; they need a partner who can engineer trust into every layer of AI and ML-led transformation. That is the promise behind Maveric’s new positioning.”

    Maveric’s Engineering Trust positioning is anchored in four core strengths:       

    • ·AI at the Core, Not the Edges: Maveric embeds AI into core systems, operations, and decision layers, not at the periphery through isolated pilots. This shifts banks from fragmented experimentation to enterprise-wide AI-first models with real governance, observability, and accountability.
    • ·Principles that engineer trust: Maveric applies a standards-led engineering approach, embedding AI principles including fairness, explainability, reliability, privacy and global banking standards and regulatory requirements, ensuring AI is compliant by design.
    • ·Pragmatic, Outcome-Driven Execution:  Every engagement is anchored to quantifiable business impact – faster customer onboarding, real-time decisioning, reduced cost-to-serve, improved fraud detection, and accelerated modernization.
    • ·Deep Banking DNA:  With over 25 years of exclusive focus on banking and financial services, Maveric builds AI within the fabric of banking, not on top of it. This domain depth ensures every AI model, use case, and solution is aligned to real-world banking processes, regulatory constraints, and customer realities across geographies.

    To support CIOs AI-first journey, Maveric brings its purpose-built platforms and solutions ecosystem. PulseAI delivers continuous quality intelligence, PrismAI strengthens data integrity and data confidence, InsightHubAI unifies customer intelligence, and EdgeOpsAI provides intelligent reliability and operations.

    These platforms, alongside AI-powered solutions spanning customer service, fraud and risk, application modernization, intelligent document management, and software engineering acceleration, are designed to enable scalable, responsible AI adoption across the enterprise.

    At the center of this ecosystem is Maveric’s proprietary AI @ Scale framework enabling banks to move from isolated AI use cases to industrialized transformation through business revisioning and process and technology reimagination. At the line of business and function levels, the framework integrates domain-aligned data foundations, multi-agent orchestration, AI governance, lifecycle management, and outcome-driven execution into a unified delivery model.

    With a presence across three continents and 25+ years of long-standing relationships with global banks, regional leaders, and emerging fintechs, Maveric Systems is uniquely positioned to help financial institutions build the next generation of AI-first enterprises with trust engineered into every layer.

  • Nation First, Duty Above Comfort – PM Modi Urges Citizens to Conserve Fuel Amid West Asia Crisis !

    New Delhi, May 11 (BNP): Prime Minister Narendra Modi has urged citizens to place “nation first” and adopt responsible practices to minimise the impact of the ongoing West Asia crisis on India’s economy and energy security.

    Nation First, Duty Above Comfort - PM Modi Urges Citizens to Conserve Fuel Amid West Asia Crisis !

    Emphasising that the Centre is making all possible efforts to protect people from the adverse effects of the conflict, the Prime Minister appealed to citizens to use fuel and essential resources judiciously during the challenging period.

    Among the key appeals, PM Modi called on people to reduce unnecessary consumption of petrol and diesel, avoid wastage of electricity and fuel, and support measures aimed at maintaining economic stability. He also urged citizens to prioritise national interest over personal comfort and cooperate with the government in managing the situation responsibly.

    The Prime Minister highlighted that global tensions in the West Asia region could affect fuel prices, supply chains, and economic conditions worldwide, including India. He assured that the government is continuously monitoring the situation and taking necessary steps to ensure adequate availability of essential commodities and energy supplies.

    The appeal comes amid rising international concerns over escalating tensions in the Gulf region and their possible impact on global markets and oil trade.

  • FM Announces Record USD 1.5 Billion Membership Credit

    May 11: Commercial property insurer FM today announced its largest-ever membership credit of approximately US$1.5 billion for eligible mutual policyholders, highlighting an extraordinary year of partnership, protection and loss prevention.

    This year’s record membership credit was driven by FM’s clients, whose commitment to risk mitigation and loss prevention drove historically low losses. In 2025, FM partnered with clients to complete more than 48,000 loss prevention recommendations, reducing loss exposure associated with property risk by an estimated US$1 trillion.

    In recognition of these achievements, FM is providing an additional one-time 5% enhancement to the membership credit for all eligible clients. Including FM’s recent enhanced resilience credit, 2026 declared FM policyholder credits total US$2.3 billion, which represents more than 100% of FM’s 2025 underwriting profit.

    “This year’s FM membership credit is a testament to the strong partnerships that we forge with our clients and their steadfast commitment to building resilience and preventing losses before they happen,” said Malcolm Roberts, chairman and chief executive officer of FM. “In today’s rapidly changing and unpredictable environment, resilience has never been more relevant. Thanks to the power of our mutual business model and our shared commitment to risk mitigation, we can share our success with our clients. By working together, we are creating a more resilient future.”

    The membership credit is made possible by FM’s strong financial performance and mutual company structure. Through the membership credit program, FM will offer a credit to all eligible mutual policyholders with renewal or anniversary dates from June 30, 2026, through June 29, 2027, in the form of a premium offset at the time of policy renewal.

    With this year’s credit, FM will have returned more than US$8.9 billion through its membership credit program since 2001.

    This year’s FM membership credit includes the standard allocation across all four tiers, along with a one-time 5% enhancement recognizing clients’ unprecedented level of loss mitigation and prevention. FM mutual policyholders eligible for the credit will receive the following:

    • 10% credit for fewer than five consecutive years.
    • 15% credit for at least five consecutive years but fewer than 10 years.
    • 17.5% credit for at least 10 consecutive years but fewer than 15 years.
    • 20% credit for at least 15 consecutive years.