weather disaster (Bloomberg) -- mudslides

'Exceeded our historical experience and our expectations'

series of tragic weather events three major hail storms in Texas and Colorado in June Travelers' catastrophe losses

Travelers' losses jumped 21%

winter storms in the eastern U.S.

More Travelers results:

  • Net written premiums for the quarter climbed 7% to $7.13 billion from a year earlier.
  • Book value, a measure of assets to liabilities, was $84.51, down 3% from the end of 2017.
  • The company's combined ratio was 98.1% compared with 96.7% a year earlier, meaning it keeps 1.9 cents for every premium dollar after claims and expenses.
Related: How could the 2018 hurricane season impact P&C insurers?

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