Travelers’ Profit Rises, Helped by Lower Catastrophe Losses

Travelers Co’s earnings rose in the first quarter as catastrophe losses fell and the insurance holding company had stronger gains from underwriting policies. New York-based Travelers, part of the Dow Jones Industrial Average, is among the largest sellers of insurance to U.S. businesses and sells car and home insurance to individuals and families. It is… Continue reading Travelers’ Profit Rises, Helped by Lower Catastrophe Losses

Travelers Says It’s in the ‘Right Spot’ for Cyber Insurance Exposure

P&C insurer satisfaction

Travelers Cos Inc. plans to stick to its recent growth pace for sales of cyber insurance, which protects businesses against hacking and other liabilities, despite potential to boost it, as the insurer assesses risks in the segment, its head of specialty insurance said on Monday. “We feel like we’re just in the right spot,” Thomas… Continue reading Travelers Says It’s in the ‘Right Spot’ for Cyber Insurance Exposure