Travelers bumps Q1 net 40% as nat cat falls away; premiums rise 11%

19-04-2022

Travelers bumps Q1 net 40% as nat cat falls away; premiums rise 11%

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US insurance group Travelers increased net profit in the first quarter by 39% year on year to just over $1 billion, as a massive reduction in catastrophe losses overcame lower prior year reserve developments and weaker investment income.


Travelers, Profits, Underwriting, Claims, Premiums, Alan Schnitzer, North America, Insurance, Reinsurance

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