Travelers Reports Isabel Losses
NU Online News Service, Oct. 6, 11:48 a.m. EDT
The Hartford, Conn.-based insurer has projected $75 million in Isabel-related catastrophe losses after reinsurance and taxes. Approximately 33,000 claims were filed as of Oct. 2.
Travelers' estimate includes net losses of approximately $50 million in personal lines and $25 million in commercial lines. This is in addition to other catastrophe losses incurred in the third quarter of about $12 million after reinsurance and tax, the company noted.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
