Articles from The Travelers Companies, Inc.

The Travelers Companies, Inc. today reported net income of $2.082 billion, or $8.96 per diluted share, for the quarter ended December 31, 2024, compared to $1.626 billion, or $6.99 per diluted share, in the prior year quarter. Core income in the current quarter was $2.126 billion, or $9.15 per diluted share, compared to $1.633 billion, or $7.01 per diluted share, in the prior year quarter. Core income increased primarily due to a higher underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), higher net investment income and higher net favorable prior year reserve development, partially offset by higher catastrophe losses. Net realized investment losses in the current quarter were $55 million pre-tax ($44 million after-tax), compared to $11 million pre-tax ($7 million after-tax) in the prior year quarter. Per diluted share amounts benefited from the impact of share repurchases.

The Travelers Companies, Inc. (NYSETRV) today announced a commitment of $1 million to assist wildfire relief and recovery efforts in California. Funds will support All Hands and Hearts, California Community Foundation, International Medical Corps and Team Rubicon.

The Travelers Companies, Inc. (NYSETRV) will review its fourth quarter and full year 2024 results at 9 a.m. ET on Wednesday, Jan. 22, following the release of results earlier that morning.

The Travelers Companies, Inc. (NYSETRV) today announced it has earned the Gold rank on VIQTORY’s Military Friendly® Employer list, in addition to maintaining recognition on VIQTORY’s Military Spouse Friendly® Employer, Military Friendly® Supplier Diversity Program and Military Friendly® Company lists. Travelers was also once again named to the Military Times Best for Vets Employer list.

The Travelers Companies, Inc. (NYSETRV) today announced a commitment of $250,000 to assist relief efforts in states affected by Hurricanes Helene and Milton. Funds will support All Hands and Hearts, SBP, Team Rubicon and United Way Suncoast.

The Travelers Companies, Inc. today reported net income of $1.260 billion, or $5.42 per diluted share, for the quarter ended September 30, 2024, compared to $404 million, or $1.74 per diluted share, in the prior year quarter. Core income in the current quarter was $1.218 billion, or $5.24 per diluted share, compared to $454 million, or $1.95 per diluted share, in the prior year quarter. Core income increased primarily due to a higher underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), higher net favorable prior year reserve development and higher net investment income, partially offset by higher catastrophe losses. Net realized investment gains in the current quarter were $55 million pre-tax ($42 million after-tax), compared to net realized investment losses of $65 million pre-tax ($50 million after-tax) in the prior year quarter. Per diluted share amounts benefited from the impact of share repurchases.

The Travelers Companies, Inc. (NYSETRV) today released the results of its 2024 Travelers Risk Index, which highlighted cyber threats as the top concern among business leaders. The annual survey began in 2014 and asks business insurance decision-makers from U.S. companies of various sizes and industries about the issues that worry them most.

The Travelers Companies Inc. (NYSETRV) today published its Citizen Travelers Playbook, a guide to help organizations better support a civically engaged workforce.

The Travelers Companies, Inc. (NYSETRV) will review its third quarter 2024 results at 9 a.m. ET on Thursday, Oct. 17, following the release of results earlier that morning.

The Travelers Companies, Inc. (NYSETRV) is offering tips for brides and grooms as peak wedding season approaches. According to Travelers data, vendor issues (45%) were the leading cause of paid wedding insurance claims in 2023, followed by property damage (18%), illness and injury (14%) and severe weather (12%).

The Travelers Companies, Inc. (NYSETRV), the largest workers compensation insurer in the United States, today released its 2024 Injury Impact Report, which examined more than 1.2 million workers compensation claims from 2017 to 2021. The findings revealed that the most common workplace accidents make up the majority of claim costs.

The Travelers Companies, Inc. (NYSETRV) today announced the launch of Quantum Boat 2.0, which offers more personalized coverage options through an easy-to-use platform that allows agents to seamlessly quote and bind coverage.

The Travelers Companies, Inc. (NYSETRV) today announced that it has once again achieved a top score on the Disability Equality Index®, marking its seventh consecutive year as a Best Place to Work for Disability Inclusion. The index, administered by Disability:IN and the American Association of People with Disabilities, stands as the leading independent resource for benchmarking corporate disability inclusion policies and programs.

The Travelers Companies, Inc. today reported net income of $534 million, or $2.29 per diluted share, for the quarter ended June 30, 2024, compared to a net loss of $14 million, or $0.07 per diluted share, in the prior year quarter. Core income in the current quarter was $585 million, or $2.51 per diluted share, compared to $15 million, or $0.06 per diluted share, in the prior year quarter. Core income increased primarily due to a higher underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), higher net favorable prior year reserve development and higher net investment income, partially offset by higher catastrophe losses. Net realized investment losses in the current quarter were $65 million pre-tax ($51 million after-tax), compared to net realized investment losses of $35 million pre-tax ($29 million after-tax) in the prior year quarter. Per diluted share amounts benefited from the impact of share repurchases.

Citizen Travelers, Travelers’ nonpartisan civic engagement employee initiative, will sponsor the 2024 National Civics Bee®. This annual competition by The Civic Trust®, an initiative of the U.S. Chamber of Commerce Foundation, is expanding to a record 28 states this year – with the ultimate goal of reaching all 50 states by 2026 for the 250th anniversary of the signing of the Declaration of Independence.

The Travelers Companies, Inc. (NYSETRV) today announced its 2023 Sustainability Report, outlining its comprehensive approach to creating shared and sustained value.

The Travelers Companies, Inc. (NYSETRV) today announced that the 2024 Travelers Championship – a PGA TOUR Signature Event – generated a tournament record of more than $3.2 million for more than 170 nonprofits in the region. This year brings the total amount generated for charities to more than $30 million since Travelers became title sponsor in 2007.

The Travelers Companies, Inc. (NYSETRV) today announced the start of the 2024 Travelers Championship at TPC River Highlands in Cromwell, Connecticut. This year’s tournament is a PGA TOUR Signature Event and the only TOUR event in the Northeast. It also marks the 18th consecutive year that Travelers has served as title sponsor, matching the tournament record.

The Travelers Companies, Inc. (NYSETRV) will review its second quarter 2024 results at 9 a.m. ET on Friday, July 19, following the release of results earlier that morning.

The Travelers Companies, Inc. (NYSETRV) today launched a new advertisement series based on real customer experiences. The series builds on the company’s 2023 “Who Cares?” campaign, which introduced Travelers’ first brand manifesto, organized around the idea that remarkable things happen when people care.

The Travelers Companies, Inc. (NYSETRV) today released its annual Community Report, detailing 2023 charitable contributions of more than $24 million. This brings the company’s total giving to approximately $234 million over the past decade. The report also highlights the more than 100,000 volunteer hours logged in the past year by Travelers employees.

The Travelers Companies, Inc. (NYSETRV) today announced the opening of an office in Midtown Atlanta’s Technology Square. The location will support the company’s expanding technology organization, with roles in engineering, artificial intelligence and data science, among others.

The Travelers Companies, Inc. today reported net income of $1.123 billion, or $4.80 per diluted share, for the quarter ended March 31, 2024, compared to $975 million, or $4.13 per diluted share, in the prior year quarter. Core income in the current quarter was $1.096 billion, or $4.69 per diluted share, compared to $970 million, or $4.11 per diluted share, in the prior year quarter. Core income increased primarily due to higher net investment income and a higher underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), partially offset by higher catastrophe losses. The underlying underwriting gain was higher than in the prior year quarter, notwithstanding that the prior year quarter included a $211 million one-time tax benefit. Net realized investment gains in the current quarter were $35 million pre-tax ($27 million after-tax), compared to $6 million pre-tax ($5 million after-tax) in the prior year quarter. Per diluted share amounts benefited from the impact of share repurchases.

The Travelers Companies, Inc. (NYSETRV) today announced the results of the 2024 Travelers Risk Index on distracted driving, highlighting an increase in dangerous behaviors.

The Travelers Companies, Inc. (NYSETRV) today announced the recipients of its 2024 Personal Insurance Agent of the Year Award. The honorees were recognized for their excellent customer service, dedication to their communities, commitment to Travelers and long-term profitable growth.

The Travelers Companies, Inc. (NYSETRV) will review its first quarter 2024 results at 9 a.m. ET on Wednesday, April 17, following the release of results earlier that morning.

The Travelers Companies, Inc. (NYSETRV) today announced that Citizen Travelers, its nonpartisan civic engagement employee initiative, has received the Connecticut Democracy Center’s (CTDC) inaugural Business Leader Award. The CTDC Awards recognize business and philanthropic leaders who are committed to fostering democracy through acts of citizenship and service.

The Travelers Companies, Inc. today reported net income of $1.626 billion, or $6.99 per diluted share, for the quarter ended December 31, 2023, compared to $819 million, or $3.44 per diluted share, in the prior year quarter. Core income in the current quarter was $1.633 billion, or $7.01 per diluted share, compared to $810 million, or $3.40 per diluted share, in the prior year quarter. Core income increased primarily due to a higher underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), lower catastrophe losses and higher net investment income. Net realized investment losses in the current quarter were $11 million pre-tax ($7 million after-tax), compared to net realized investment gains of $7 million pre-tax ($9 million after-tax) in the prior year quarter. Per diluted share amounts benefited from the impact of share repurchases.

The Travelers Companies, Inc. (NYSETRV) today announced that it is now offering a new financial institutions bond specifically for asset managers. The product will help protect asset managers against financial loss caused by employee theft or third-party criminal activity and also includes coverage for social engineering fraud, a scheme where an employee is deceived into transferring funds to an illegitimate account.

The Travelers Companies, Inc. (NYSETRV) today completed its previously announced acquisition of Corvus Insurance Holdings, Inc., an industry-leading cyber insurance managing general underwriter that is powered by proprietary technology.

The Travelers Companies, Inc. (NYSETRV) will review its fourth quarter and full year 2023 results at 9 a.m. ET on Friday, Jan. 19, following the release of results earlier that morning.

The Travelers Companies, Inc. (NYSETRV) today announced it has once again received a score of 100 on the Corporate Equality Index (CEI), earning the Equality 100 Award and named a Leader in LGBTQ+ Workplace Inclusion. Administered by the Human Rights Campaign Foundation, the CEI is the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.

The Travelers Companies, Inc. (NYSETRV) today announced it has once again been named a Military Friendly® Employer and Military Spouse Friendly® Employer by VIQTORY. The company also maintained its status as a Military Times Best for Vets Employer.

The Travelers Companies, Inc. (NYSETRV) today announced that it has agreed to acquire Corvus Insurance Holdings, Inc. for approximately $435 million. Founded in 2017, Corvus is an industry-leading cyber insurance managing general underwriter, powered by proprietary technology.

The Travelers Companies, Inc. today reported net income of $404 million, or $1.74 per diluted share, for the quarter ended September 30, 2023, compared to $454 million, or $1.89 per diluted share, in the prior year quarter. Core income in the current quarter was $454 million, or $1.95 per diluted share, compared to $526 million, or $2.20 per diluted share, in the prior year quarter. Core income decreased primarily due to higher catastrophe losses and net unfavorable prior year reserve development (driven by the Company’s run-off businesses) compared to net favorable prior year reserve development in the prior year quarter, partially offset by a higher underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses) and higher net investment income. Net realized investment losses in the current quarter were $65 million pre-tax ($50 million after-tax), compared to $93 million pre-tax ($72 million after-tax) in the prior year quarter. Per diluted share amounts benefited from the impact of share repurchases.

The Travelers Companies, Inc. (NYSETRV) today released its 2023 Travelers Risk Index results, and for the ninth straight year, cyber threats were one of the top three business concerns among the 1,200 survey participants from small-, medium- and large-sized companies.

The Travelers Companies, Inc. (NYSETRV) will review its third quarter 2023 results at 9 a.m. ET on Wednesday, Oct. 18, following the release of results earlier that morning.

The Travelers Companies, Inc. today reported a net loss of $14 million, or $0.07 per diluted share, for the quarter ended June 30, 2023, compared to net income of $551 million, or $2.27 per diluted share, in the prior year quarter. Core income in the current quarter was $15 million, or $0.06 per diluted share, compared to $625 million, or $2.57 per diluted share, in the prior year quarter. Core income decreased primarily due to higher catastrophe losses. The underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses) was higher, while net favorable prior year reserve development was lower. Net realized investment losses in the current quarter were $35 million pre-tax ($29 million after-tax), compared to $95 million pre-tax ($74 million after-tax) in the prior year quarter. Per diluted share amounts benefited from the impact of share repurchases.

The Travelers Companies, Inc. (NYSETRV) today announced that it has earned a top score on the Disability Equality Index® for the sixth consecutive year, upholding its distinction as a Best Place to Work for Disability Inclusion. Administered by Disability:IN and the American Association of People with Disabilities, the Disability Equality Index is the world’s most comprehensive benchmarking tool to measure a company’s policies and practices related to disability workplace inclusion.

The Travelers Companies, Inc. (NYSETRV) today published its 2022 Sustainability Report, which discusses the inextricable link between the company’s mission of creating shareholder value and its purpose of taking care of the people it is privileged to serve – its customers, communities and employees. The report features a number of corporate initiatives, as well as the company’s latest reports consistent with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and the Sustainability Accounting Standards Board (SASB) Insurance Industry Standard.

The Travelers Companies, Inc. (NYSETRV) today announced that the 2023 Travelers Championship generated a tournament-record amount for charity – more than $3 million for more than 160 nonprofits.

The Travelers Companies, Inc. (NYSETRV) today announced the start of the 2023 Travelers Championship at TPC River Highlands in Cromwell, Connecticut. This year’s tournament, which is a PGA TOUR designated event with a tournament-record purse, features eight of the top 10 players in the Official World Golf Ranking, led by No. 1 Scottie Scheffler. The field also includes Jon Rahm (No. 2), Rory McIlroy (No. 3), Patrick Cantlay (No. 4), Viktor Hovland (No. 5), defending champion Xander Schauffele (No. 6), Matt Fitzpatrick (No. 8) and Max Homa (No. 9).

The Travelers Companies, Inc. (NYSETRV) today revealed the most common wedding insurance claims of 2022. Vendor-related issues topped the list for the second consecutive year, representing nearly one-third (31%) of all paid claims.

The Travelers Companies, Inc. (NYSETRV) will review its second quarter 2023 results at 9 a.m. ET on Thursday, July 20, following the release of results earlier that morning.

The Travelers Companies, Inc. (NYSETRV), in recognition of National Boating Safety Week (May 20-26), today announced the top causes of boat and yacht claims to help boaters avoid common and costly mishaps. Based on Travelers claims from 2018-2022, the top three causes of loss were collisions (38%), severe weather (19%) and mechanical breakdowns (11%).

The Travelers Companies, Inc. (NYSETRV), the country’s largest workers compensation insurer, today released its 2023 Injury Impact Report, which examined more than 1.2 million workers compensation claims from 2016 to 2020. The findings show that an employee’s time spent in a particular role and their age were driving factors in injury frequency and cost of claims, respectively.

The Travelers Companies, Inc. (NYSETRV) today released its annual Community Report, detailing 2022 charitable contributions of more than $24 million. Through corporate giving and the Travelers Foundation, Travelers has provided more than $230 million in community support over the past decade.

The Travelers Companies, Inc. today reported net income of $975 million, or $4.13 per diluted share, for the quarter ended March 31, 2023, compared to $1.018 billion, or $4.15 per diluted share, in the prior year quarter. Core income in the current quarter was $970 million, or $4.11 per diluted share, compared to $1.037 billion, or $4.22 per diluted share, in the prior year quarter. Core income decreased primarily due to higher catastrophe losses and lower net favorable prior year reserve development, partially offset by a higher underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses) and higher net investment income. The underlying underwriting gain in the current quarter included a one-time tax benefit of $211 million. This tax benefit is included in the income tax line in the Consolidated Statement of Income and accordingly does not impact the combined ratio or the underlying combined ratio. Net realized investment gains in the current quarter were $6 million pre-tax ($5 million after-tax), compared to net realized investment losses of $23 million pre-tax ($19 million after-tax) in the prior year quarter. Per diluted share amounts benefited from the impact of share repurchases.

The Travelers Companies, Inc. (NYSETRV) today announced the recipients of its 2023 Personal Insurance Agent of the Year Award. The honorees were recognized for their excellent customer service, dedication to their communities and commitment to Travelers.

The Travelers Companies, Inc. (NYSETRV) today announced the results of the 2023 Travelers Risk Index on distracted driving, highlighting the dangerous behaviors that occur on U.S. roadways. While technology continues to be a leading cause of distraction, other top reasons include drowsiness, heightened emotions and work-related stress.

The Travelers Companies, Inc. (NYSETRV) will review its first quarter 2023 results at 9 a.m. ET on Wednesday, April 19, following the release of results earlier that morning.

The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSETRV), today announced its Wednesdays with Woodward® spring 2023 virtual programming schedule. The webinar series, hosted by Joan Woodward, President of the Travelers Institute and Executive Vice President of Public Policy at Travelers, examines pressing topics at the intersection of insurance, business and public policy.

The Travelers Companies, Inc. (NYSETRV) today launched the Travelers Innovation Network for Construction, an online platform providing construction customers with access to industry insights, as well as a curated group of technology providers and solutions aimed at improving productivity and safety on job sites.

The Travelers Companies, Inc. today reported net income of $819 million, or $3.44 per diluted share, for the quarter ended December 31, 2022, compared to $1.333 billion, or $5.37 per diluted share, in the prior year quarter. Core income in the current quarter was $810 million, or $3.40 per diluted share, compared to $1.289 billion, or $5.20 per diluted share, in the prior year quarter. Core income decreased primarily due to higher catastrophe losses, a lower underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses) and lower net investment income, partially offset by higher net favorable prior year reserve development. Net realized investment gains in the current quarter were $7 million pre-tax ($9 million after-tax), compared to $58 million pre-tax ($44 million after-tax) in the prior year quarter. Per diluted share amounts benefited from the impact of share repurchases.

The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSETRV), will host an in-person Cyber: Prepare, Prevent, Mitigate, Restore® symposium on Thursday, Jan. 26, in Phoenix. The event, which is part of a national series, promotes dialogue and education around helping businesses prepare for and respond to cyber incidents.

The Travelers Companies, Inc. (NYSETRV) today announced preliminary results for the fourth quarter of 2022.

The Travelers Companies, Inc. (NYSETRV) will review its fourth quarter and full year 2022 results at 9 a.m. ET on Tuesday, Jan. 24, following the release of results earlier that morning.

The Travelers Companies, Inc. (NYSETRV) today announced it has once again been named a Best for Vets Employer by Military Times, as well as a Military Friendly® Employer and Military Friendly® Spouse Employer by VIQTORY.

The Travelers Companies, Inc. (NYSETRV), the country’s largest workers compensation insurer, today announced the launch of Wysa for Return to Work – an app designed to promote the mental health of injured employees and facilitate a more holistic recovery. The app was created in partnership with Wysa, a provider of mental health support solutions driven by artificial intelligence.

The Travelers Companies, Inc. today reported net income of $454 million, or $1.89 per diluted share, for the quarter ended September 30, 2022, compared to $662 million, or $2.62 per diluted share, in the prior year quarter. Core income in the current quarter was $526 million, or $2.20 per diluted share, compared to $655 million, or $2.60 per diluted share, in the prior year quarter. Core income decreased primarily due to lower net investment income and a lower underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), partially offset by net favorable prior year reserve development compared to net unfavorable prior year reserve development in the prior year quarter. Net realized investment losses in the current quarter were $93 million pre-tax ($72 million after-tax), compared to net realized investment gains of $8 million pre-tax ($7 million after-tax) in the prior year quarter. Per diluted share amounts benefited from the impact of share repurchases.

In support of Cybersecurity Awareness Month, the Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSETRV), will host two in-person events and a webinar in October aimed at helping businesses and organizations address evolving cyber threats.

The Travelers Companies, Inc. (NYSETRV) today released its 2022 Travelers Risk Index results, and for the third time in four years, the survey found that cyber threats were the top overall concern for business decision makers. Of the 1,200 survey participants, more feel that today’s business environment is riskier compared to a year ago, and more than half (57%) think a future cyber attack on their company or organization is inevitable.

The Travelers Companies, Inc. (NYSETRV) will review its third quarter 2022 results at 9 a.m. ET on Wednesday, Oct. 19, following the release of results earlier that morning.

The Travelers Companies, Inc. (NYSETRV) today announced that for the fifth consecutive year, it has earned a top score on the Disability Equality Index® (DEI) and maintained its distinction as a Best Place to Work for Disability Inclusion. Administered by Disability:IN and the American Association of People with Disabilities, the DEI is considered to be the world’s most comprehensive benchmarking tool for measuring disability workplace inclusion.

The Travelers Companies, Inc. today reported net income of $551 million, or $2.27 per diluted share, for the quarter ended June 30, 2022, compared to $934 million, or $3.66 per diluted share, in the prior year quarter. Core income in the current quarter was $625 million, or $2.57 per diluted share, compared to $879 million, or $3.45 per diluted share, in the prior year quarter. Core income decreased primarily due to higher catastrophe losses, lower net investment income and a lower underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), partially offset by higher net favorable prior year reserve development. Core income in the prior year quarter benefited from a low level of catastrophe losses and very strong net investment income driven by record returns in the alternative investment portfolio. Net realized investment losses in the current quarter were $95 million pre-tax ($74 million after-tax), compared to net realized investment gains of $61 million pre-tax ($47 million after-tax) in the prior year quarter. Net realized investment gains (losses) for both quarters were primarily driven by mark-to-market impacts on the Company’s equity investments. Per diluted share amounts benefited from the impact of share repurchases.

The Travelers Companies, Inc. (NYSETRV) today published its 2021 Sustainability Report, which outlines the company’s comprehensive strategy for creating shareholder value over time, as well as its ongoing environmental, social and governance (ESG) initiatives.

The Travelers Companies, Inc. (NYSETRV) today announced that the 2022 Travelers Championship generated more than $2.5 million for more than 130 charitable organizations. Since Travelers became title sponsor in 2007, the event has raised more than $25 million for more than 800 local nonprofits.

The Travelers Companies, Inc. (NYSETRV) today announced the start of the 2022 Travelers Championship at TPC River Highlands in Cromwell, Connecticut. This year’s tournament features many of the PGA TOUR’s top players, led by Scottie Scheffler, winner of the 2022 Masters and the No. 1-ranked player in the world. The field also includes 2022 PGA Championship winner Justin Thomas, reigning PGA TOUR Player of the Year Patrick Cantlay, Rory McIlroy, Brooks Koepka, Jordan Spieth and defending Travelers Championship winner Harris English, among others.

The Travelers Companies, Inc. (NYSETRV) today revealed the most common wedding insurance claims from 2021, with vendor-related issues topping the list at almost one-third (29%) of paid claims. This data comes as a record number of weddings are planned for 2022, according to The Wedding Report.

The Travelers Companies, Inc. (NYSETRV), the country’s largest workers compensation insurer, today released its 2022 Injury Impact Report. The study analyzed more than 1.5 million workers compensation claims over a five-year period (2015-2019) and revealed that 35% of injuries occur during employees’ first year on the job, regardless of age or industry experience.

The Travelers Companies, Inc. (NYSETRV) today released its annual Community Report, announcing 2021 charitable contributions of $24 million. This brings the company’s total giving to approximately $228 million over the past decade.

The Travelers Companies, Inc. today reported net income of $1.018 billion, or $4.15 per diluted share, for the quarter ended March 31, 2022, compared to $733 million, or $2.87 per diluted share, in the prior year quarter. Core income in the current quarter was $1.037 billion, or $4.22 per diluted share, compared to $699 million, or $2.73 per diluted share, in the prior year quarter. Core income increased primarily due to lower catastrophe losses, partially offset by lower net favorable prior year reserve development and lower net investment income. Net realized investment losses in the current quarter were $23 million pre-tax ($19 million after-tax), compared to net realized investment gains of $44 million pre-tax ($34 million after-tax) in the prior year quarter. Per diluted share amounts benefited from the impact of share repurchases.

The Travelers Companies, Inc. (NYSETRV) today announced the results of the 2022 Travelers Risk Index on distracted driving, revealing that dangerous behaviors continue on U.S. roadways. Despite one-third of respondents stating that their own driving has improved over the past couple years, most admitted to making phone calls and reading text messages while behind the wheel.

The Travelers Companies, Inc. (NYSETRV) today announced the 2022 recipients of its Personal Insurance Agent of the Year Award. The honorees were recognized for their excellent customer service, dedication to their communities, commitment to Travelers and long-term profitable growth.

The Travelers Companies, Inc. (NYSETRV) today announced that it has earned a score of 100 on the 2022 Corporate Equality Index (CEI), maintaining its distinction for the seventh consecutive year as a Best Place to Work for LGBTQ+ Equality. The CEI is a national benchmarking tool administered by the Human Rights Campaign Foundation, which evaluates corporate policies and practices as they relate to equality.