Commercial auto reserve strengthening related to bodily injury claims: Travelers CFO
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Commercial auto reserve strengthening related to bodily injury claims: Travelers CFO

Kyoung-son Song
October 18, 2023
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Travelers observed a lengthening of claims closing patterns in commercial auto during Q3 2023, particularly bodily injury claims, according to CFO Dan Frey.

While the carrier had flagged the development for the past few quarters, Frey said the latest set of data showed that the magnitude of some of the changes was slightly higher than anticipated.

“Every

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Kyoung-son Song
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