The company said on February 11, 2025 it had announced a preliminary estimate of catastrophe losses related to the California wildfires in January 2025, at $1.7 billion pre-tax ($1.3 billion after-tax).

1. 01

   The company said on February 11, 2025 it had announced a preliminary estimate of catastrophe losses related to the California wildfires in January 2025, at $1.7 billion pre-tax ($1.3 billion after-tax).

2. 02

   Travelers said the preliminary estimate includes losses from its personal and commercial segments, including the Fidelis quota share, as well as estimated assessments from the California FAIR Plan and recoveries from reinsurance.

3. 03

   The company said the estimate is based on analysis of claims already reported and projected to be reported, estimated values of properties in affected areas, and other factors. It said future estimates and the actual ultimate losses could differ materially from the current estimate because of the scope and duration of the wildfires and other factors.

4. 04

   In its press release, the company described itself as a leading provider of property casualty insurance for auto, home and business, with more than 30,000 employees and revenues of more than $46 billion in 2024.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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