KM Financial Solutions | U.S. insurer Travelers posts lower profit as catastrophe claims jump
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U.S. insurer Travelers posts lower profit as catastrophe claims jump

U.S. insurer Travelers posts lower profit as catastrophe claims jump

Property and casualty insurer Travelers
Cos Inc on Tuesday reported a 25% fall in quarterly
profit, hurt by higher catastrophe losses, as insurers braced
for a slew of claims due to disruptions caused by the
coronavirus pandemic.

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