Travelers TRV despite recent storms such as Hurricane Aida 1.87%Tuesday Cos. Reported continued good third-quarter underwriting results. The overall combined ratio (ratio of loss to underwriting costs to premiums) was 98.6%, which means we received more than we expected. For one thing, car insurance results continue to show how many insurers are struggling with the impact of pandemics on driving. Travelers have reported adjustments to their business insurance underwriting results for exposure to asbestos-related claims. According to the company, a 9.9% increase in domestic business insurance renewal premiums for travelers in the third quarter remained at historically high levels.

Source: Wall Street Journal October 31, 2021 10:49 UTC