Travelers boosts cat bond cover, reduces traditional reinsurance

23-07-2018

Travelers boosts cat bond cover, reduces traditional reinsurance

iStock/ Shironosov

US-based property/casualty insurer Travelers has increased its catastrophe bond coverage to take advantage of the favourable pricing environment while reducing traditional reinsurance purchase, Travelers chief financial officer Jay Benet said during the second quarter 2018 conference call.


Travelers, Cat Bond, Insurance, Reinsurance, Jay Benet, North America

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