Travelers plunges to Q2 loss despite 'modest' COVID-19 impact


Property/casualty insurer Travelers swung to loss in the second quarter 2020 on the back of high level of catastrophe losses, lower net investment income and lower reserve development than last year, partially offset by a higher underlying underwriting gain.

Travelers, 2020 Results, Q2, Insurance, Reinsurance, Coronavirus, Property & Casualty, Catastrophe, Alan Schnitzer, North America

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