Travelers tallies $1.4bn of property cat losses towards $2bn agg retention

19 October 2022

Travelers has accumulated $1.4bn of qualifying property catastrophe losses through to the end of September, eroding 70% of the $2bn retention on its catastrophe aggregate reinsurance coverage.

The company has a $225mn property aggregate catastrophe excess of loss treaty in place, which runs on a calendar year basis.

The

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