Articles

Insurance

Travelers reports fall in H1 and Q2 results

Travelers has revealed that its net income for the second quarter of 2017 came to $595 million, a ten percent fall from the $664 million it made over same period of 2016. As a result the company reported that net income for the first half of 2017 came to $1.21 billion, an 11 percent fall on the $1.35 billion it made over the same period of 2016.   24 July 2017

Insurance

Travelers expects up to $675m Q4 pre-tax loss from California wildfires

The Travelers Companies estimated fourth-quarter catastrophe losses related to the California wildfires, including estimated recoveries from reinsurance, to be in the range of $525 million to $675 million pre-tax.   9 November 2017

Insurance

Chubb forced to hone carbon reporting as shareholders side with activists

Chubb escapes more aggressive net-zero demands with The Hartford; Travelers still due.   23 May 2022

Insurance

Travelers buys UK broker Simply Business for $490m

US property/casualty insurer Travelers is acquiring UK-based small and medium-sized enterprises (SME) insurance broker Simply Business from previous owner Aquiline Capital Partners for approximately $490 million.   13 March 2017

Insurance

US cyber insurance first went surplus, now turns foreign: AM Best

Domestic E&S took most of US cyber; signs say offshore carriers are taking the baton.   24 June 2024

Insurance

Brace brings ex-Aspen London Market expert into the fold

Latest hire has also worked at Tokio Marine Kiln, Guy Carpenter and Travelers.   14 November 2025

Insurance

EXCLUSIVE: Travelers seeks growth

Travelers is looking to grow its business but analysts are wary of the impact on profitability.   22 July 2016

Insurance

Travelers expects $62m hit from UK Ogden rate slash

US property/casualty insurer Travelers has estimated the impact of UK’s personal injury Ogden discount rate at $62 million.   20 March 2017

Insurance

Cyber attacks on the rise — but companies still unprepared to tackle major threat

Cyber risks are the top concern among businesses of all sizes, but nearly half of them still don't have proper insurance coverage or risk management measures in place to address possible exposures, reveals a new survey by property/casualty insurer Travelers.   30 September 2019

Insurance

China Re launches renewable energy consortium at Lloyd’s, co-led by Canopius and Travelers

China Re, China's biggest reinsurer, has launched a renewable energy consortium at Lloyd’s, focused on project specific reinsurance for the construction and operation of offshore wind farms in mainland China.   11 March 2019

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