US insurance giant Travelers reported a $364mn quarterly net loss, as tornado losses contributed to more than $1.67bn in pre-tax cat costs for the firm - equivalent to its exposure to a 1-in-100 year hurricane.
US insurance giant Travelers reported a $364mn quarterly net loss, as tornado losses contributed to more than $1.67bn in pre-tax cat costs for the firm - equivalent to its exposure to a 1-in-100 year hurricane.