Travelers signals Q4 cat loss of $459mn bringing aggregate loss to $1.86bn
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Travelers signals Q4 cat loss of $459mn bringing aggregate loss to $1.86bn

Travelers.jpg

Travelers has pegged its Q4 cat loss estimate at $459mn, net of reinsurance, bringing its accumulated property cat losses to around $1.86bn.

Assuming that all losses were eligible to be covered by its aggregate reinsurance treaty, this would fall just short of the $2bn retention on its aggregate coverage.

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