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

P&C profitability nears peak amid rising competition and strong balance sheets, says Moody’s

Posted: Mar 30, 2026

According to Moody’s Ratings, a provider of credit ratings and risk analysis, profitability in...

Commodity prices rise due to Middle East conflict: Coface

Posted: Mar 30, 2026

The conflict in the Middle East is causing commodity prices to soar, driven by disruptions to the su...

Howden Re boosts Latin America and Caribbean offering with senior hires

Posted: Mar 30, 2026

Howden Re, the global reinsurance, capital markets and strategic advisory arm of Howden Group, has a...