Travelers' auto book is fixable, analysts say

Travelers' personal auto book can recover from the issues
flagged in its fourth quarter results, analysts said after meeting
with the US insurer's management on Wednesday (25 January).
However, they did note that the
company's timeline on remediating the book might be too
optimistic, with trends set to get worse before they get
better.
"[W]e did not receive significant comfort that auto
insurance losses won't deteriorate further, although ultimately
we think the issue is fixable," JP Morgan anal