Travelers' capital hits three-year high

US insurance giant Travelers posted a $326 million (2%) increase in statutory capital through 2018 to $20.8 billion, its highest level since the third quarter of 2015. 

The climb was supported by modest asset growth year-on-year of $750 million (1%) as well as lower deductions from shareholders’ equity, from which statutory capital is derived. 

End-2018 deductions totaled $2.1 billion, down $1.2 billion (35%) on end-2017. 

The insurer stated that all capital ratios were at or better than

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: