Opinion: Weathering the storm

Batten down the hatches, the first quarter reporting season looks
to be set to be a bumpy one.
This quarter has seen thunderstorms cause more than $5.7bn of
insured losses in the US, up almost 12 percent year-on-year,according to Aon Benfield meteorologist Steve Bowen.
Early reporters in the US, such asTravelers, Allstate, State Auto, Cincinnati and Progressive,
have all reported higher-than-expected cat losses, following the
unseasonal weather events.
Take US bellwether Travelers as an example.