AM Best revises outlook for Westfield Insurance’s long-term ICR to negative
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AM Best revises outlook for Westfield Insurance’s long-term ICR to negative

The outlook for its financial strength rating was unchanged at stable.

By Kyoung-son Song
February 26, 2024
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AM Best has revised the outlook for Westfield Insurance’s long-term issuer credit ratings (ICR) to negative from stable, a result of the carrier’s elevated underwriting losses over recent years.

Westfield

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