From Financial Modeling Prep: 2025-04-16 16:05:00

Travelers Companies (NYSE:TRV) exceeded expectations in Q1, with earnings of $1.91 per share and revenue of $11.81 billion, beating estimates. Despite $2.27 billion in pre-tax catastrophe losses from California wildfires, the insurer saw a 32% increase in underwriting income to $1.58 billion and 3% growth in net written premiums to $10.52 billion.

Shares of Travelers rose over 4% after the strong earnings report, showcasing the company’s ability to navigate challenges like natural disasters. The total combined ratio worsened to 102.5% due to catastrophe losses, but the underlying combined ratio improved to 84.8%, reflecting operational strength and strategic resilience.



Read more at Financial Modeling Prep:: Travelers Gains 4% on Q1 Earnings Beat, Underlying…