U.S. insurer Travelers posts lower profit as catastrophe claims jump
Property and casualty insurer Travelers
Cos Inc on Tuesday reported a 25% fall in quarterly
profit, hurt by higher catastrophe losses, as insurers braced
for a slew of claims due to disruptions caused by the
coronavirus pandemic.
Cos Inc on Tuesday reported a 25% fall in quarterly
profit, hurt by higher catastrophe losses, as insurers braced
for a slew of claims due to disruptions caused by the
coronavirus pandemic.
Posted by Reuters
