West rating

West P&I has been assigned a financial strength rating of A- by Standard and Poor's (S&P). The outlook assigned to the rating is stable. S&P commented on West's improved performance, which has led to it outperforming its International Group peers in many cases in recent years. They also noted that the A- rating reflects West's strengthened capital position which is underpinned by the surplus West holds at the 99.99 per cent confidence level under their model. "There has been a material improvement in West's technical performance, and the year ending 20 February 2026 was the fifth year in a row that the Club's combined ratio has been better than the average of our IG peers", said Tom Bowsher, group CEO of West.