Travelers reports Q3 results - what will interest rate cuts mean for returns?

The US carrier says strong fixed income returns lead to an excellent quarter but what changes interest rate cuts will have remains uncertain.

Travelers Logo Oct 2024 @Travelers.

US insurance major and the traditional first to announce its results, Travelers, has said its net investment income increased 18% pre-tax over the prior year quarter for Q3 2024.

In a press release on Thursday, the company said it had seen higher net investment income, which was partially offset by higher catastrophe losses.

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