Travelers estimates up to $175m in hurricane Milton losses

Share!

Reinsurance News - Oct 18, 2024

Between $75 and $175 million of Hurricane Milton-related pre-tax losses, net of reinsurance, are estimated to impact Travelers’ future natural catastrophe losses, the US insurer revealed following the announcement of its financial results for the third quarter of 2024. These figures did not im...

Read Full Article

Recommended Articles

Kestrel sees net income hit $46.7m in 2025 amid premium growth

Posted: Mar 13, 2026

Kestrel, a specialty insurance platform that provides fronting services to program managers, reinsur...

Mapfre raises ROE target to above 13% and sets improved CoR for 2026

Posted: Mar 13, 2026

Mapfre, a global insurance company, has raised the ambitions of its Strategic Plan for 2026, lifting...

Withdrawal of Persian Gulf war risk cover viewed as credit negative for exposed US marine insurers: Fitch

Posted: Mar 13, 2026

Fitch Ratings, the international credit rating agency, said the withdrawal of hull war risk marine i...