With the mid-year reinsurance renewals disappointing
underwriters and investors alike, attention is now focused on
primary insurers for signs that the much heralded turn in US
commercial pricing is made of stronger stuff.
And there was mixed news for those championing a market turn after Travelers became the first of the US P&C giants to report last week.
While there was also scrutiny of the company's higher-than-forecast domestic catastrophe losses - another sector-wide theme for US insurers - Travelers' assessment...
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