Travelers Earnings Reports

Despite strong underlying results and investment income, Travelers saw a significant year-over-year decline in earnings due to $2.27 billion in catastrophe losses, largely from California wildfires.

Travelers Companies reported a strong fourth quarter in 2024, with net income of $2.082 billion and core income of $2.126 billion. The consolidated combined ratio improved to 83.2%, and net written premiums increased by 7% to $10.742 billion. The company's full-year core income was up 64% to more than $5 billion.

Travelers reported a strong Q3 2024, marked by a significant increase in net income and core income. The company saw improvements in its combined ratio and underlying combined ratio, driven by strong underwriting profitability across all segments. Record net written premiums and net investment income also contributed to the positive results, allowing the company to return substantial capital to shareholders.

Travelers reported a strong second quarter with net income of $534 million and core income of $585 million. The consolidated combined ratio improved to 100.2%, and the underlying combined ratio improved to 87.7%. Record net written premiums of $11.115 billion were achieved, up 8%.

Travelers reported a strong first quarter in 2024, with net income of $1.123 billion and core income of $1.096 billion. The company saw growth in net written premiums across all segments and an improved combined ratio, driven by strong underlying results. The Board of Directors also declared a 5% increase in the regular quarterly cash dividend.

Travelers reported record quarterly net income of $1.626 billion and core income of $1.633 billion, driven by strong underwriting and investment results. The combined ratio improved significantly, and net written premiums grew by 13%.

Travelers reported a decrease in net income to $404 million compared to the prior year, with core income also declining due to higher catastrophe losses and unfavorable prior year reserve development, though offset by higher underwriting gain and net investment income. Record net written premiums of $10.493 billion, up 14% over the prior year quarter, including growth in all three segments.

Travelers reported a net loss of $14 million for Q2 2023, with core income at $15 million. Results were impacted by $1.481 billion in pre-tax catastrophe losses, though strong underlying performance and investment returns partially offset the impact. Net written premiums reached a record $10.318 billion, up 14% year-over-year.

Travelers reported a net income of $975 million for Q1 2023, with a core income of $970 million. The company saw record net written premiums of $9.396 billion, up 12% compared to the prior year quarter. The board declared an 8% increase in the regular quarterly cash dividend to $1.00 per share and authorized an additional $5.0 billion of share repurchases.

Travelers reported a decrease in net income and core income for Q4 2022, primarily due to higher catastrophe losses and lower net investment income, despite record net earned premiums and a strong underlying combined ratio.

Travelers reported solid third quarter 2022 results with a net income of $454 million and core income of $526 million, driven by record net written premiums of $9.198 billion, despite significant industry-wide losses from Hurricane Ian.

Travelers Companies reported a strong second quarter with a net income of $551 million, or $2.27 per diluted share, and a core income of $625 million, or $2.57 per diluted share. The results benefited from record net earned premiums and a solid underlying combined ratio. The company returned $725 million of capital to shareholders, including $500 million in share repurchases.

Travelers reported a strong first quarter in 2022, with net income of $1.018 billion and core income of $1.037 billion. The company saw record net written premiums of $8.367 billion, up 11% compared to the prior year quarter. The board of directors declared a 6% increase in the regular quarterly cash dividend to $0.93 per share.

Travelers reported a record fourth quarter net income of $1.333 billion and record core income of $1.289 billion. Net written premiums were up 10% compared to the prior year quarter. The consolidated combined ratio was 88.0% and the underlying combined ratio was 88.7%.

Travelers reported a third-quarter net income of $662 million, or $2.62 per diluted share. Core income was $655 million, or $2.60 per diluted share. The results reflect excellent underlying underwriting and investment performance, despite significant catastrophe losses.

Travelers reported a strong second quarter with net income of $934 million and core income of $879 million. The consolidated combined ratio was 95.3%, and the underlying combined ratio was 91.4%. Net written premiums increased by 11%, and total capital returned to shareholders was $625 million.

Travelers reported a strong first quarter with net income of $733 million and core income of $699 million, driven by strong underlying underwriting income, favorable prior year reserve development, and net investment income, despite record catastrophe losses. The company returned $613 million of capital to shareholders, increased its quarterly dividend by 4%, and authorized an additional $5.0 billion for share repurchases.

Travelers reported a strong fourth quarter with a net income of $1.310 billion, or $5.10 per diluted share, and a core income of $1.262 billion, or $4.91 per diluted share. The consolidated combined ratio improved to 86.7%, and net written premiums increased by 3% to $7.269 billion.

Travelers Companies reported a strong third quarter with net income of $827 million and core income of $798 million. The consolidated combined ratio improved to 94.9%, and net written premiums increased by 3% to $7.771 billion.

Travelers reported a net loss of $40 million and a core loss of $50 million for Q2 2020, primarily due to higher catastrophe losses, lower net investment income, and lower net favorable prior year reserve development, partially offset by a higher underlying underwriting gain.

Travelers reported a decrease in net income to $600 million, primarily due to net realized investment losses and higher catastrophe losses, though these were partially offset by a higher underlying underwriting gain. COVID-19 related charges impacted underwriting gain. Net written premiums increased by 4%, and the company returned $681 million to shareholders through dividends and share repurchases.

Travelers Companies reported a strong fourth quarter with record net and core income per diluted share. The company's performance was driven by lower catastrophe losses and successful execution of strategy to grow the top line. Net written premiums increased by 6% to a fourth quarter record of $7.075 billion.