Browsing Tag
Alan Schnitzer
2 posts
Travelers Q3 profit reaches $1.92bn as insurance margins strengthen despite catastrophe losses
The Travelers Companies delivered $9.18 in quarterly core earnings per share and record investment income, but higher catastrophe losses, nearly flat premiums and rising unrealised bond losses create a more complicated picture of its financial performance.
Travelers (NYSE: TRV) holds near record after a huge Q2 earnings beat
The Travelers Companies delivered sharply higher profit, stronger underwriting margins and rising investment income, but its valuation now leaves less room for catastrophe volatility.