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KM Financial Solutions | Travelers posts 42 pct fall in quarterly profit
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Travelers posts 42 pct fall in quarterly profit

22 Jan Travelers posts 42 pct fall in quarterly profit

Posted at 12:01h in News by
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Jan 23 (Reuters) – Property and casualty insurer Travelers
Cos Inc reported a 42 percent fall in fourth-quarter
profit on Tuesday, hurt by catastrophe losses stemming from the
California wildfires and a one-time charge due to the new
federal tax law.

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