Q1 results for US insurance majors show solid results – but what else is happening?

Several major US insurers have started to release results.

Travelers, the first off the mark, said its net investment income increased 10% pre-tax over the prior-year quarter.

Net investment income for Q1 was $930 million compared to $846 million in the same period last year.

However, as predicted, the heavy catastrophe losses weighed on results and caused issues for many in the market.

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