Catastrophe losses nearing agg trigger for Travelers as CEO sees exceptional underlying results
Reinsurance News - Jan 17, 2023
U.S primary insurer Travelers has pre-announced estimated catastrophe losses of USD 459 million pre-tax (USD 362m after-tax), net of reinsurance, for the fourth quarter of 2022, but still expects to report an underlying, pre-tax underwriting gain of USD 723 million (USD 571m after-tax) for the perio...
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