Travelers Companies is a leading provider of property and casualty insurance products and services. The company offers a wide range of coverage options, including personal insurance for individuals and families, as well as commercial insurance solutions for businesses of all sizes. With a strong focus on risk management and customer service, Travelers is dedicated to protecting its clients from potential losses while helping them navigate the complexities of insurance policies. Through its innovative approaches and diverse portfolio, the company aims to provide peace of mind and financial security to its customers. Read More
Let's have a look at what is happening on the US markets in the middle of the day on Wednesday. Below you can find the top S&P500 gainers and losers in today's session.
U.S. major indices traded lower at midday Wednesday, pressured by sharp declines in tech and semiconductor stocks after Washington tightened chip export restrictions to China.
As the US market prepares to open on Wednesday, let's get an early glimpse into the pre-market session and identify the S&P500 stocks leading the pack in terms of gains and losses.
Travelers reported a 3% rise in net written premiums to $10.52 billion, with growth taking a hit due to higher levels of ceded premium primarily associated with an enhanced casualty reinsurance program in Business Insurance.
The Travelers Companies, Inc. today reported net income of $395 million, or $1.70 per diluted share, for the quarter ended March 31, 2025, compared to $1.123 billion, or $4.80 per diluted share, in the prior year quarter. Core income in the current quarter was $443 million, or $1.91 per diluted share, compared to $1.096 billion, or $4.69 per diluted share, in the prior year quarter. Core income decreased primarily due to higher catastrophe losses, partially offset by 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. Net realized investment losses in the current quarter were $61 million pre-tax ($48 million after-tax), compared to net realized investment gains of $35 million pre-tax ($27 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. (NYSE: TRV), will celebrate its 15th anniversary today by ringing The Opening Bell® at the New York Stock Exchange (NYSE).
The Travelers Companies, Inc. (NYSE: TRV) today announced the launch of Travelers Cyber Risk Services, a suite of capabilities added to all cyber liability policies designed to help lower both the risk of a cyberattack and the cost to recover from one.
The Travelers Companies, Inc. (NYSE: TRV) today announced the 2025 Agent of the Year Award honorees, recognizing a select group of Personal Insurance independent agents for their outstanding customer service, dedication to their communities, long-term profitable growth and commitment to Travelers. Recipients were recently recognized at the Travelers annual leadership conference for top independent agents and brokers.
The Travelers Companies, Inc. (NYSE: TRV) will review its first quarter 2025 results at 9 a.m. ET on Wednesday, April 16, following the release of results earlier that morning.
At least 42 people have died following a devastating storm system that swept through much of the United States over the weekend. The powerful weather event left multiple states grappling with damage caused by dust storms, wildfires, heavy rain and tornadoes.
