Travelers said it had renewed its $600mn northeast reinsurance cover for a "slight" rate increase in the mid-year renewals, as high catastrophe losses put it 90% of the way to attaching a $280mn aggregate cover.
Speaking
Travelers said it had renewed its $600mn northeast reinsurance cover for a "slight" rate increase in the mid-year renewals, as high catastrophe losses put it 90% of the way to attaching a $280mn aggregate cover.
Speaking