Travelers warns of loss trends inching closer to 6%
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Travelers warns of loss trends inching closer to 6%

Farhin Lilywala
April 19, 2022
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Loss costs are “more difficult than ever to predict”, as the Ukraine-Russia conflict rages on top of domestic exposures, such as inflationary pressures, regulatory uncertainty and weather severity, Travelers CEO Alan Schnitzer said.

As such, Travelers management remained cautious about the loss cost environment during the company’s Q1 2022 earnings call and highlighted increased severity in its business insurance segment, driven by heightened inflation.

When

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NewsResultsTravelersCommercial linesPersonal linesEarnings
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Farhin Lilywala
Section Editor, Distribution & Specialty
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