APAC: More rating upgrades than downgrades for region's (re)insurers in 2023 amid geopolitical uncertainty

Published on September 24, 2024
The number of Long-Term Issuer Credit Rating (Long-Term ICR) upgrades exceeded the number of downgrades for AM Best-rated Asia Pacific (APAC) (re)insurers in 2023, driving predominantly by improved
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Tokio Marine HCC and Tredder partner to launch adventure insurance product

September 23, 2024
Tredder, an insurtech company, has announced a new partnership with Tokio Marine HCC (TMHCC), a provider of specialty insurance.This partnership introduces a stand-alone supplemental insurance product tailored for the vehicle-based adventure community, positioning Tredder as a key player in the specialty adventure vehicle market.The new product offers comprehensive coverage for vehicle modificatio

Westfield appoints Andy Rose as VP of Small Business

September 24, 2024
Westfield, a US property and casualty insurer, has announced the appointment of Andy Rose as Vice President (VP) of Small Business.In his new role, Rose will lead Westfield’s Small Business division, focusing on driving profitable growth by collaborating with independent agents to offer tailored risk solutions for small businesses across the US.Stuart Rosenberg, President of Standard Lines at West