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TRV / Travelers 3Q profit falls due to elevated catastrophe losses

Travelers 3Q profit falls due to elevated catastrophe losses
The Travelers Companies (NYSE:TRV) reported a 14% decline in quarterly profit for the third quarter due to elevated catastrophe losses stemming from severe wind and hailstorms across several parts of the United States. The company, based in New York, posted a core income of $454 million, or $1.95 per diluted share, compared to $526 million, or $2.20 per diluted share, in the same quarter the previous year. Read More
Posted: Oct 18 2023, 10:08
Author Name: Proactive Investors
Views: 092041

TRV News  

Travelers (TRV) Q3 Earnings Miss, Revenues Beat Estimates

By Zacks Investment Research
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Travelers (TRV) Q3 Earnings Miss, Revenues Beat Estimates

Travelers' (TRV) Q3 earnings reflect higher net written premiums, improved net investment income and underwriting gain, partially offset by catastroph more_horizontal

Travelers 3Q profit falls due to elevated catastrophe losses

By Proactive Investors
October 18, 2023

Travelers 3Q profit falls due to elevated catastrophe losses

The Travelers Companies (NYSE:TRV) reported a 14% decline in quarterly profit for the third quarter due to elevated catastrophe losses stemming from s more_horizontal

Travelers Posts Wide Earnings Miss as Catastrophe Losses Expand

By Barrons
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Travelers Posts Wide Earnings Miss as Catastrophe Losses Expand

The property and casualty insurance company posts third-quarter core earnings of $1.95 a share, below forecasts of $2.99. more_horizontal

Travelers stock gains after profit misses expectations on higher catastrophe losses but revenue beats

By Market Watch
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Travelers stock gains after profit misses expectations on higher catastrophe losses but revenue beats

Shares of Travelers Companies Inc. TRV, +1.02% edged 0.4% higher in premarket trading Wednesday, after the insurer reported third-quarter profit that more_horizontal

Travelers (TRV) to Report Q3 Earnings: What's in Store?

By Zacks Investment Research
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Travelers (TRV) to Report Q3 Earnings: What's in Store?

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Should You Buy Travelers (TRV) Stock for Better Returns Now?

By Zacks Investment Research
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Should You Buy Travelers (TRV) Stock for Better Returns Now?

Travelers (TRV) is poised to benefit from strong returns from the non-fixed income portfolio, positive renewal premium change, high levels of retentio more_horizontal

Travelers Remains Attractive Despite Its High Catastrophe Losses

By Seeking Alpha
October 2, 2023

Travelers Remains Attractive Despite Its High Catastrophe Losses

The Travelers Companies, Inc. has doubled the value of its shareholders' stake with a total return of 98% since 2015. Despite a 13% correction this ye more_horizontal

Travelers: This Blue-Chip Insurer Is A Buy

By Seeking Alpha
October 2, 2023

Travelers: This Blue-Chip Insurer Is A Buy

Blue-chip insurance companies are a good investment opportunity in the current market environment. The Travelers Companies, Inc. is a reliable slow gr more_horizontal


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