Travelers adds limit at 1.1, ups co-participation to go $2.5bn higher
Travelers corporate catastrophe excess of loss reinsurance treaty rose in limit from $5.5 billion to $8.0 billion while holding retentions flat at $3.5 billion, but increasing co-participation up a more intricately layered reinsurance tower.
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30 January 2019 Property/casualty insurer Travelers Europe has set up a new subsidiary in the Republic of Ireland in response to Brexit, which will be led by James Liston as CEO.
22 January 2019 US insurer Travelers posted record net written premiums and a big jump in profits in 2018 despite several costly catastrophes during the year.