Travelers Q1: Hitting turbulence as margin fears air pockets reform
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Travelers Q1: Hitting turbulence as margin fears air pockets reform

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Our preview and outlook piece published earlier this year painted a less optimistic picture of the commercial environment than generally holds.

As outsiders, there is often a lack of a clear line of sight of how the kind of positive disclosure on pricing we have had over the last two years will translate into actual margin improvement.

Historically,

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