Travelers Q2 2024 Earnings Report
Key Takeaways
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%.
Net income was $534 million, and core income was $585 million.
The consolidated combined ratio improved 6.3 points to 100.2%.
Record net written premiums reached $11.115 billion, up 8%.
Net investment income increased 24%.
Travelers
Travelers
Travelers Revenue by Segment
Forward Guidance
We continue to be very confident in the outlook for our business. Our results for the first half of the year include strong premium growth, excellent underlying underwriting profitability, record operating cash flow and steadily rising investment returns in our growing fixed income portfolio.
Positive Outlook
- Strong premium growth
- Excellent underlying underwriting profitability
- Record operating cash flow
- Steadily rising investment returns in our growing fixed income portfolio
- Strong and diversified business and balance sheet
Revenue & Expenses
Visualization of income flow from segment revenue to net income