Travelers CoR improves despite $326mn Ian loss as book value slide for year hits 29%
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Travelers CoR improves despite $326mn Ian loss as book value slide for year hits 29%

Jairo Ibarra
October 19, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Travelers.jpg

Travelers’ Q3 combined ratio improved 0.4 points to 98.2% as the carrier booked $326mn of losses incurred through September 30 related to Hurricane Ian.

Overall, the insurer posted relatively modest Q3 cat losses of $512mn including the Ian hit and the effects of Hurricane Fiona, likely reflecting its underweight market share in Florida.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsResultsTravelersEarnings
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article