Travelers
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Its post-tax estimate of $1.3bn is net of reinsurance recoveries. -
The insurer’s strong Q4 results might not read across to the rest of its peer group.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Cat activity was a “modest” $175mn for Q4, but still up year over year.
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The insurer also added $150mn cat coverage while reducing the total ceded premium for this treaty.
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Cat losses rose to $175mn, fueled by Hurricane Milton and higher Helene estimated losses.
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‘Emotionally driven’ claims by non-profits underscore their unique D&O exposures, according to Travelers' Nicole Murphy.
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The company’s stock price has plummeted in the wake of the LA wildfires.
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A quick roundup of our best journalism for the week.
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Newcomers enter on the belief that they have a “better mousetrap”, said Donato Monaco.
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Asbestos claims for exposed insurers could place more pressure on workers’ comp reserves.
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Umbrella and commercial auto led Q3 rate hikes with double-digit increases.
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