Travelers Q4 combined ratio hits 94.5% as nat cats bite
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Travelers Q4 combined ratio hits 94.5% as nat cats bite

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Travelers has booked a Q4 combined ratio of 94.5%, a 6.5-point deterioration on the same period the previous year, as it officially recorded pre-tax cat losses of $459mn as flagged last week.

In line with its pre-results disclosure, Travelers reported $362mn in post-tax cat losses as a result of the late-December winter storm that struck the US and Canada.

The

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