Travelers exhausts $350mn aggregate reinsurance after Q4 cats
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Travelers exhausts $350mn aggregate reinsurance after Q4 cats

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Travelers reported that it reclaimed $255mn of weather losses under its aggregate reinsurance treaty in Q4, exhausting the full $350mn limit of the cover.

The treaty provides $350mn of cover subject to a $1.9bn retention, with a 30% retention across a $500mn layer.

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