Do Travelers' Q4 results signal no reserve noise for the rest of the group?
This past weekend, Ron DeSantis dropped out of the presidential race. This follows a less-than-stellar performance at the Iowa caucuses, where he came in second place with 21% compared with Donald Trump’s clear win with 51% of the votes. With DeSantis’s support in single digits in New Hampshire, the site of the next caucus, it became clear he had no viable path to the presidency.
However, trends are not always that clear, as we have seen in the insurance landscape, especially when it comes to prior period reserves and the various pluses and minuses that flow into the end results.
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