Travelers returns to underwriting profit in Q3’24 despite rise in catastrophe losses

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Reinsurance News - Oct 17, 2024

The Travelers Companies has today reported an underwriting gain of $685 million for the third quarter of 2024 despite a rise in catastrophe losses, net of reinsurance, to $939 million, while substantial net favorable prior year reserve development and higher net investment income also contributed to...

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