Travelers Companies Inc (N:TRV)
Business Focus: Property & Casualty Insurance
Apr 17, 2024 07:02 am ET
Travelers Reports Excellent First Quarter Results
The Travelers Companies, Inc. today reported net income of $1.123 billion, or $4.80 per diluted share, for the quarter ended March 31, 2024, compared to $975 million, or $4.13 per diluted share, in the prior year quarter. Core income in the current quarter was $1.096 billion, or $4.69 per diluted share, compared to $970 million, or $4.11 per diluted share, in the prior year quarter. Core income increased primarily due to higher net investment income and a higher underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), partially offset by higher
Apr 11, 2024 09:00 am ET
Travelers Risk Index Shows Rise in Distracted Driving
The Travelers Companies, Inc. (NYSE: TRV) today announced the results of the 2024 Travelers Risk Index on distracted driving, highlighting an increase in dangerous behaviors.
Mar 25, 2024 09:30 am ET
Travelers Honors 2024 Personal Insurance Agent of the Year Winners
The Travelers Companies, Inc. (NYSE: TRV) today announced the recipients of its 2024 Personal Insurance Agent of the Year Award. The honorees were recognized for their excellent customer service, dedication to their communities, commitment to Travelers and long-term profitable growth.
Mar 14, 2024 09:00 am ET
Travelers Schedules Conference Call to Review First Quarter 2024 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its first quarter 2024 results at 9 a.m. ET on Wednesday, April 17, following the release of results earlier that morning.
Feb 26, 2024 09:00 am ET
Travelers Institute Launches 2024 National Cybersecurity Tour
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Feb 02, 2024 09:00 am ET
Citizen Travelers Honored by the Connecticut Democracy Center
The Travelers Companies, Inc. (NYSE: TRV) today announced that Citizen Travelers, its nonpartisan civic engagement employee initiative, has received the Connecticut Democracy Center’s (CTDC) inaugural Business Leader Award. The CTDC Awards recognize business and philanthropic leaders who are committed to fostering democracy through acts of citizenship and servi
Jan 19, 2024 06:57 am ET
Travelers Reports Excellent Fourth Quarter 2023 Results
The Travelers Companies, Inc. today reported net income of $1.626 billion, or $6.99 per diluted share, for the quarter ended December 31, 2023, compared to $819 million, or $3.44 per diluted share, in the prior year quarter. Core income in the current quarter was $1.633 billion, or $7.01 per diluted share, compared to $810 million, or $3.40 per diluted share, in the prior year quarter. Core income increased primarily due to a higher underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), lower catastrophe losses and higher net investment income
Jan 08, 2024 09:00 am ET
Travelers Institute Announces Winter 2024 Wednesdays with Woodward® Webinar Schedule
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Jan 04, 2024 09:00 am ET
Travelers Introduces New Financial Institutions Bond for Asset Managers
The Travelers Companies, Inc. (NYSE: TRV) today announced that it is now offering a new financial institutions bond specifically for asset managers. The product will help protect asset managers against financial loss caused by employee theft or third-party criminal activity and also includes coverage for social engineering fraud, a scheme where an employee is d
Jan 02, 2024 04:15 pm ET
Travelers Completes Acquisition of Corvus Insurance
The Travelers Companies, Inc. (NYSE: TRV) today completed its previously announced acquisition of
Dec 14, 2023 09:00 am ET
Travelers Schedules Conference Call to Review Fourth Quarter 2023 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its fourth quarter and full year 2023 results at 9 a.m. ET on Friday, Jan. 19, following the release of results earlier that morning.
Dec 12, 2023 09:00 am ET
Travelers Named a Leader in LGBTQ+ Workplace Inclusion
The Travelers Companies, Inc. (NYSE: TRV) today announced it has once again received a score of 100 on the
Nov 13, 2023 09:00 am ET
Travelers Recognized for Military-Friendly Culture
The Travelers Companies, Inc. (NYSE: TRV) today announced it has once again been named a Military Friendly® Employer and Military Spouse Friendly® Employer by
Nov 03, 2023 08:00 am ET
Travelers to Acquire Corvus Insurance
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has agreed to acquire Corvus Insurance Holdings, Inc. for approximately $435 million. Founded in 2017, Corvus is an industry-leading cyber insurance managing general underwriter, powered by proprietary technology.
Oct 18, 2023 06:57 am ET
Travelers Reports Third Quarter 2023 Net Income of $404 million and Core Income of $454 million
The Travelers Companies, Inc. today reported net income of $404 million, or $1.74 per diluted share, for the quarter ended September 30, 2023, compared to $454 million, or $1.89 per diluted share, in the prior year quarter. Core income in the current quarter was $454 million, or $1.95 per diluted share, compared to $526 million, or $2.20 per diluted share, in the prior year quarter. Core income decreased primarily due to higher catastrophe losses and net unfavorable prior year reserve development (driven by the Company’s run-off businesses) compared to net favorable prior year reserve developm
Oct 05, 2023 09:02 am ET
Travelers Survey Finds Cyber Threats are the Top Concern for Canadian Businesses
The Travelers Companies, Inc. (NYSE: TRV) today announced the results of the 2023 Travelers Canada Risk Index, a new national survey of 500 small- and medium-sized business decision makers. It revealed that most (61 per cent) consider cyber threats their top overall concern, and 60 per cent also believe they will eventually be the victim of a cyberattack.
Sep 27, 2023 09:00 am ET
Travelers Institute® to Host Travelers Chairman and CEO Alan Schnitzer for Its 100th Wednesdays with Woodward® Webinar
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Sep 26, 2023 09:00 am ET
Travelers Risk Index: Amid Fluctuating and Emerging Business Risks, Cyber Threats Remain a Leading Concern
The Travelers Companies, Inc. (NYSE: TRV) today released its
Sep 13, 2023 09:00 am ET
Travelers Schedules Conference Call to Review Third Quarter 2023 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its third quarter 2023 results at 9 a.m. ET on Wednesday, Oct. 18, following the release of results earlier that morning.
Aug 29, 2023 09:00 am ET
Travelers Institute® Announces Fall 2023 Cybersecurity Education Tour
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Aug 03, 2023 09:00 am ET
Northland Insurance Launches New Tools to Help Trucking Customers Improve Driver Safety, Mitigate Risk and Reduce Costs
Northland Insurance, the largest trucking wholesale insurance company in the United States and a subsidiary of The Travelers Companies, Inc. (NYSE: TRV), announced the launch of a telematics program, a cargo theft reporting tool, and a curated set of safety and risk mitigation resources.
Jul 20, 2023 06:57 am ET
Travelers Reports Second Quarter and Year-to-Date Results
The Travelers Companies, Inc. today reported a net loss of $14 million, or $0.07 per diluted share, for the quarter ended June 30, 2023, compared to net income of $551 million, or $2.27 per diluted share, in the prior year quarter. Core income in the current quarter was $15 million, or $0.06 per diluted share, compared to $625 million, or $2.57 per diluted share, in the prior year quarter. Core income decreased primarily due to higher catastrophe losses. The underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses) was higher, while net favorable
Jul 18, 2023 09:00 am ET
Travelers Institute® to Host Former U.S. Secretary of Defense Dr. Mark T. Esper to Discuss Global Hot Spots and Geopolitical Risks
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Jul 11, 2023 09:00 am ET
Travelers Earns Top Score on Disability Equality Index®
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has earned a top score on the Disability Equality Index® for the sixth consecutive year, upholding its distinction as a Best Place to Work for Disability Inclusion. Administered by Disability:IN and the American Association of People with Disabilities, the Disability Equality Index is the world’s
Jun 28, 2023 09:00 am ET
Travelers Publishes Its 2022 Sustainability Report
The Travelers Companies, Inc. (NYSE: TRV) today published its 2022 Sustainability Report, which d
Jun 25, 2023 07:21 pm ET
2023 Travelers Championship Generates More Than $3 Million for Charity
The Travelers Companies, Inc. (NYSE: TRV) today announced that the 2023 Travelers Championship generated a tournament-record amount for charity – more than $3 million for more than 160 nonprofits.
Jun 19, 2023 10:07 am ET
Travelers Announces the Start of the 2023 Travelers Championship
The Travelers Companies, Inc. (NYSE: TRV) today announced the start of the 2023 Travelers Championship at TPC River Highlands in Cromwell, Connecticut. This year’s tournament, which is a PGA TOUR designated event with a tournament-record purse, features eight of the top 10 players in the Official World Golf Ranking, led by No. 1 Scottie Scheffler. The field als
Jun 15, 2023 09:00 am ET
Travelers Reveals Most Common Wedding Claims of 2022
The Travelers Companies, Inc. (NYSE: TRV) today revealed the most common wedding insurance claims of 2022. Vendor-related issues topped the list for the second consecutive year, representing nearly one-third (31%) of all paid claims.
Jun 14, 2023 09:00 am ET
Travelers Schedules Conference Call to Review Second Quarter 2023 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its second quarter 2023 results at 9 a.m. ET on Thursday, July 20, following the release of results earlier that morning.
May 25, 2023 02:34 pm ET
AM Best Assigns Issue Credit Rating to The Travelers Companies, Inc.’s New Senior Unsecured Notes
AM Best has assigned a Long-Term Issue Credit Rating of “a+” (Excellent) to the new $750 million, 5.45% 30-year senior unsecured notes due May 25, 2053, recently issued by The Travelers Companies, Inc. (Travelers) (headquartered in New York, NY) [NYSE: TRV]. The outlook assigned to this Credit Rating (rating) is stable. All other ratings of Travelers and its subsidiaries are unchanged.
May 23, 2023 09:00 am ET
Travelers Institute® to Host Cybersecurity Symposium in Charlotte, North Carolina
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
May 22, 2023 09:37 am ET
Travelers Data Shows Collisions, Weather Among Most Common Boating Claims
The Travelers Companies, Inc. (NYSE: TRV), in recognition of National Boating Safety Week (May 20-26), today announced the top causes of boat and yacht claims to help boaters avoid common and costly mishaps. Based on Travelers claims from 2018-2022, the top three causes of loss were collisions (38%), severe weather (19%) and mechanical breakdowns (11%).
May 22, 2023 09:00 am ET
Travelers Data Shows Collisions, Weather Among Most Common Boating Claims
The Travelers Companies, Inc. (NYSE: TRV), in recognition of National Boating Safety Week (May 20-26), today announced the top causes of boat and yacht claims to help boaters avoid common and costly mishaps. Based on Travelers claims from 2018-2022, the top three causes of loss were collisions (38%), severe weather (19%) and mechanical breakdowns (11%).
May 01, 2023 09:07 am ET
Travelers Injury Impact Report Reveals the Employees Most Vulnerable to Workplace Accidents
The Travelers Companies, Inc. (NYSE: TRV), the country’s largest workers compensation insurer, today released its 2023 Injury Impact Report, which examined more than 1.2 million workers compensation claims from 2016 to 2020. The findings show that an employee’s time spent in a particular role and their age were driving factors in injury frequency and cost of cl
Apr 26, 2023 09:00 am ET
Travelers Institute® Announces May and June 2023 Virtual Programming
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Apr 25, 2023 09:00 am ET
Travelers Publishes Its 2022 Community Report
The Travelers Companies, Inc. (NYSE: TRV) today released its annual Com
Apr 25, 2023 06:00 am ET
Travelers Canada Announces Results of Distracted Driving Risk Survey
The Travelers Companies, Inc. (NYSE: TRV) today announced the results of the 2023 Travelers Canada Distracted Driving Risk Survey. The data revealed that Canadians engage in risky behaviours behind the wheel despite recognizing the associated risks, with nearly one-quarter of respondents acknowledge that multitasking while driving was dangerous but did so anywa
Apr 19, 2023 09:46 am ET
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NEW YORK, April 19, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ISRG, TRV, DG, PFE, and AAPL.
Apr 19, 2023 06:57 am ET
Travelers Reports Strong First Quarter Results
The Travelers Companies, Inc. today reported net income of $975 million, or $4.13 per diluted share, for the quarter ended March 31, 2023, compared to $1.018 billion, or $4.15 per diluted share, in the prior year quarter. Core income in the current quarter was $970 million, or $4.11 per diluted share, compared to $1.037 billion, or $4.22 per diluted share, in the prior year quarter. Core income decreased primarily due to higher catastrophe losses and lower net favorable prior year reserve development, partially offset by a higher underlying underwriting gain (i.e., excluding net prior year res
Apr 13, 2023 09:00 am ET
Travelers Institute® to Host Cybersecurity Symposium in Portland, Oregon
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Apr 03, 2023 09:15 am ET
Travelers Honors 2023 Personal Insurance Agent of the Year Winners
The Travelers Companies, Inc. (NYSE: TRV) today announced the recipients of its 2023 Personal Insurance Agent of the Year Award. The honorees were recognized for their excellent customer service, dedication to their communities and commitment to Travelers.
Mar 28, 2023 09:00 am ET
2023 Travelers Risk Index Reveals Top Causes of Distracted Driving
The Travelers Companies, Inc. (NYSE: TRV) today announced the results of the 2023 Travelers Risk Index on distracted driving, highlighting the dangerous behaviors that occur on U.S. roadways. While technology continues to be a leading cause of distraction, other top reasons include drowsiness, heightened emotions and work-related stress.
Mar 20, 2023 09:00 am ET
Travelers Institute to Host 50th Cybersecurity Symposium at New York Stock Exchange
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Mar 15, 2023 09:00 am ET
Travelers Schedules Conference Call to Review First Quarter 2023 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its first quarter 2023 results at 9 a.m. ET on Wednesday, April 19, following the release of results earlier that morning.
Feb 22, 2023 09:00 am ET
Travelers Institute Announces Spring 2023 Virtual Programming
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Feb 14, 2023 09:00 am ET
Travelers Introduces Innovation Network for Construction Industry
The Travelers Companies, Inc. (NYSE: TRV) today launched the Travelers Innovation Network for Construction, an online platform providing construction customers with access to industry insights, as well as a curated group of technology providers and solutions aimed at improving productivity and safety on job sites.
Jan 26, 2023 06:04 am ET
Travelers Europe Names Peter McConnell Chief Financial Officer
Travelers Europe today announced that Peter McConnell has joined the company as Chief Financial Officer, succeeding Mike Gent. McConnell will report to Matthew Wilson, Chief Executive Officer of Travelers Europe, and oversee the financial management of Travelers’ European operations. He will also assume a position on the UK subsidiary’s Board of Directors, subject to regulatory approval.
Jan 24, 2023 06:57 am ET
Travelers Reports Fourth Quarter 2022 Net Income per Diluted Share of $3.44 and Return on Equity of 15.8%
“We are pleased to report solid fourth quarter 2022 results, particularly in light of the significant winter storm that swept across the U.S. and Canada in the last week of the year,” said Alan Schnitzer, Chairman and Chief Executive Officer. “Results in our commercial businesses were exceptional, with another quarter of strong growth at very attractive margins. Underlying results in Personal Insurance remain challenged by elevated industrywide loss costs. We recorded another quarter of progress with strong pricing and other actions to address these challenges.
Jan 19, 2023 09:00 am ET
Travelers Institute to Host Cybersecurity Symposium in Phoenix
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Jan 17, 2023 06:57 am ET
Travelers Announces Initial Estimate for Fourth Quarter 2022 Catastrophe Losses, Which Were Driven by the December Winter Storm, as well as Preliminary Fourth Quarter 2022 Results
The Travelers Companies, Inc. (NYSE: TRV) today announced preliminary results for the fourth quarter of 2022.
Jan 09, 2023 09:00 am ET
Travelers Institute Kicks Off 2023 Virtual Programming
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Dec 15, 2022 09:00 am ET
Travelers Schedules Conference Call to Review Fourth Quarter 2022 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its fourth quarter and full year 2022 results at 9 a.m. ET on Tuesday, Jan. 24, following the release of results earlier that morning.
Nov 21, 2022 09:00 am ET
Travelers Institute and Cambridge Mobile Telematics Release Educational Guide to Help Curb Distracted Driving
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), today released “
Nov 11, 2022 09:00 am ET
Travelers Recognized for Military-Friendly Culture
The Travelers Companies, Inc. (NYSE: TRV) today announced it has once again been named a Best for Vets Employer by
Nov 03, 2022 09:03 am ET
Travelers Introduces Mental Health App for Injured Employees
The Travelers Companies, Inc. (NYSE: TRV), the country’s largest workers compensation insurer, today announced the launch of Wysa for Return to Work – an app designed to promote the mental health of injured employees and facilitate a more holistic recovery. The app was created in partnership with Wysa, a provider of mental health support solutions driven by art
Nov 01, 2022 09:00 am ET
Travelers Institute Announces Winter 2022 Virtual Programming
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Oct 24, 2022 09:00 am ET
Travelers Institute to Host National Association of Realtors® Chief Economist to Discuss Real Estate Market Outlook
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Oct 19, 2022 06:57 am ET
Travelers Reports Third Quarter 2022 Net Income of $454 million and Core Income of $526 million, Strong Results in Light of Hurricane Ian
The Travelers Companies, Inc. today reported net income of $454 million, or $1.89 per diluted share, for the quarter ended September 30, 2022, compared to $662 million, or $2.62 per diluted share, in the prior year quarter. Core income in the current quarter was $526 million, or $2.20 per diluted share, compared to $655 million, or $2.60 per diluted share, in the prior year quarter. Core income decreased primarily due to lower net investment income and a lower underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), partially offset by net favor
Oct 17, 2022 09:00 am ET
Travelers Institute to Host President and CEO of the Federal Reserve Bank of Minneapolis to Discuss the State of the Economy
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Oct 03, 2022 09:00 am ET
Travelers Institute to Host Cybersecurity Education Events throughout October
In support of Cybersecurity Awareness Month, the Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Sep 26, 2022 09:00 am ET
Travelers Risk Index Shows Cyber Threats Remain Top Overall Business Concern
The Travelers Companies, Inc. (NYSE: TRV) today released its
Sep 22, 2022 08:44 am ET
Google Cloud and Travelers to Create Connected Data Ecosystem to Enhance the Commercial Insurance Underwriting Process
SUNNYVALE, Calif. and HARTFORD, Conn., Sept. 22, 2022 /PRNewswire/ -- Google Cloud and The Travelers Companies, Inc. (NYSE: TRV) today announced they are working together to create a cloud-based data ecosystem that will quickly synthesize vast amounts of information, helping Travelers' underwriters more efficiently evaluate risks for large and middle market businesses.
Sep 15, 2022 09:00 am ET
Travelers Schedules Conference Call to Review Third Quarter 2022 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its third quarter 2022 results at 9 a.m. ET on Wednesday, Oct. 19, following the release of results earlier that morning.
Aug 29, 2022 09:00 am ET
Travelers Institute Launches Fall 2022 Virtual Programming
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Jul 25, 2022 09:00 am ET
Travelers Earns Top Score on Disability Equality Index®
The Travelers Companies, Inc. (NYSE: TRV) today announced that for the fifth consecutive year, it has earned a top score on the Disability Equality Index® (DEI) and maintained its distinction as a Best Place to Work for Disability Inclusion. Administered by Disability:IN and the American Association of People with Disabilities, the DEI is considered to be the wo
Jul 21, 2022 06:57 am ET
Travelers Reports Very Strong Second Quarter and Year-to-Date Results
The Travelers Companies, Inc. today reported net income of $551 million, or $2.27 per diluted share, for the quarter ended June 30, 2022, compared to $934 million, or $3.66 per diluted share, in the prior year quarter. Core income in the current quarter was $625 million, or $2.57 per diluted share, compared to $879 million, or $3.45 per diluted share, in the prior year quarter. Core income decreased primarily due to higher catastrophe losses, lower net investment income and a lower underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), partial
Jun 29, 2022 09:00 am ET
Travelers Publishes Its 2021 Sustainability Report
The Travelers Companies, Inc. (NYSE: TRV) today published its 2021 Sustainability Report, which outlines the company’s comprehensive strategy for creating shareholder value over time, as well as its ongoing environmental, social and governance (ESG) initiatives.
Jun 26, 2022 07:22 pm ET
2022 Travelers Championship Generates More Than $2.5 Million for Charity
The Travelers Companies, Inc. (NYSE: TRV) today announced that the 2022 Travelers Championship generated more than $2.5 million for more than 130 charitable organizations. Since Travelers became title sponsor in 2007, the event has raised more than $25 million for more than 800 local nonprofits.
Jun 20, 2022 09:00 am ET
Travelers Announces the Start of the 2022 Travelers Championship
Alan Schnitzer, Chairman and Chief Executive Officer at Travelers, said, “We’re proud to sponsor the Travelers Championship and to continue the tradition of bringing great golf to the region. From the economic boost for the local economy to funds raised for hundreds of worthy causes, the tournament’s impact extends far beyond the course. We’re back this year at full speed and capacity, with a roster of top talent and a world-class golf course waiting for the sport’s best fans. And this year, we’re honored to partner on a special golf outing in memory of Charlie Sifford, the first Black player
Jun 14, 2022 09:00 am ET
Travelers Schedules Conference Call to Review Second Quarter 2022 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its second quarter 2022 results at 9 a.m. ET on Thursday, July 21, following the release of results earlier that morning.
May 09, 2022 09:27 am ET
Travelers Reveals Most Common Wedding Mishaps
The Travelers Companies, Inc. (NYSE: TRV) today revealed the most common wedding insurance claims from 2021, with vendor-related issues topping the list at almost one-third (29%) of paid claims. This data comes as a record number of weddings are planned for 2022, according to
May 02, 2022 09:07 am ET
Travelers Injury Impact Report Shows More Than One-Third of Workplace Injuries Occur during the First Year on the Job
The Travelers Companies, Inc. (NYSE: TRV), the country’s largest workers compensation insurer, today released its 2022 Injury Impact Report. The study analyzed more than 1.5 million workers compensation claims over a five-year period (2015-2019) and revealed that 35% of injuries occur during employees’ first year on the job, regardless of age or industry experi
Apr 28, 2022 09:01 am ET
Travelers Canada Survey Reveals One in Five Canadians Admit to a Crash, Collision or Near Miss Due to Their Own Distraction Behind the Wheel
Travelers Canada, the Canadian division of The Travelers Companies, Inc. (NYSE: TRV), today announced the results of the 2022 Travelers Canada Distracted Driving Risk Survey, revealing that most Canadians engage in dangerous behaviours behind the wheel despite knowing the associated risks. While 77 per cent of Canadians say that distracted driving is very risky
Apr 21, 2022 09:00 am ET
Travelers Announces 2021 Community Support of $24 Million
The Travelers Companies, Inc. (NYSE: TRV) today released its annual Com
Apr 19, 2022 06:57 am ET
Travelers Reports Excellent First Quarter Results, Including Strong Earnings and Premium Growth
The Travelers Companies, Inc. today reported net income of $1.018 billion, or $4.15 per diluted share, for the quarter ended March 31, 2022, compared to $733 million, or $2.87 per diluted share, in the prior year quarter. Core income in the current quarter was $1.037 billion, or $4.22 per diluted share, compared to $699 million, or $2.73 per diluted share, in the prior year quarter. Core income increased primarily due to lower catastrophe losses, partially offset by lower net favorable prior year reserve development and lower net investment income. Net realized investment losses in the current
Mar 30, 2022 09:19 am ET
Travelers Risk Index Reveals Work-Related Pressures May Contribute to Distracted Driving
The Travelers Companies, Inc. (NYSE: TRV) today announced the results of the 2022 Travelers Risk Index on distracted driving, revealing that dangerous behaviors continue on U.S. roadways. Despite one-third of respondents stating that their own driving has improved over the past couple years, most admitted to making phone calls and reading text messages while be
Mar 28, 2022 05:00 pm ET
Providence Hires New Chief Legal Officer
Anna Newsom joins Providence as executive vice president and chief legal officer
Mar 28, 2022 08:00 am ET
Travelers Institute Announces Spring Webinar Lineup
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), today announced the upcoming sessions of the
Mar 24, 2022 08:30 am ET
Travelers Announces 2022 Personal Insurance Agent of the Year Award Winners
The Travelers Companies, Inc. (NYSE: TRV) today announced the 2022 recipients of its Personal Insurance Agent of the Year Award. The honorees were recognized for their excellent customer service, dedication to their communities, commitment to Travelers and long-term profitable growth.
Mar 14, 2022 08:30 am ET
Travelers Institute to Host Former U.S. Secretary of Defense Chuck Hagel for a Discussion of Geopolitical Risks
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), will host a webinar on Wednesday, March 16, titled “Global Hot Spots and Geopolitical Risks with Former U.S. Secretary of Defense Chuck Hagel.” The event will explore how diplomatic and security challenges can potentially impact the business community.
Mar 11, 2022 09:00 am ET
Travelers Schedules Conference Call to Review First Quarter 2022 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its first quarter 2022 results at 9 a.m. ET on Tuesday, April 19, following the release of results earlier that morning.
Feb 28, 2022 08:30 am ET
Travelers Institute Program to Highlight Growth Opportunities in Renewable Energy
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), will host a webinar on Wednesday, March 2, at 1:00 pm ET, titled “Power Up: Growth Opportunities in Renewable Energy.” The event will explore the renewable energy market and the advancement of such energy sources as wind, solar, battery energy storage and biomass.
Feb 23, 2022 08:00 am ET
Trōv Technology Assets Acquired by Travelers
SAN FRANCISCO, Feb. 23, 2022 /PRNewswire/ -- Trōv, one of the earliest and most widely recognized insurtechs, today announced that its technology has been acquired by The Travelers Companies, Inc. (NYSE: TRV), a leading provider of property casualty insurance for auto, home and business. Most members of Trōv's team have also joined the company. Terms of the transaction were not disclosed.
Jan 27, 2022 09:15 am ET
Travelers Named a Best Place to Work for LGBTQ+ Equality
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has earned a score of 100 on the 2022
Jan 20, 2022 08:31 am ET
Thinking about trading options or stock in JD.Com, Signet Jewelers, Travelers Companies, Baidu, or Colgate-Palmolive?
NEW YORK, Jan. 20, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for JD, SIG, TRV, BIDU, and CL.
Jan 20, 2022 06:57 am ET
Travelers Reports Excellent Fourth Quarter and Full Year Results, Including Strong Earnings and Premium Growth
The Travelers Companies, Inc. today reported net income of $1.333 billion, or $5.37 per diluted share, for the quarter ended December 31, 2021, compared to $1.310 billion, or $5.10 per diluted share, in the prior year quarter. Core income in the current quarter was $1.289 billion, or $5.20 per diluted share, compared to $1.262 billion, or $4.91 per diluted share, in the prior year quarter. Core income increased primarily due to higher net investment income and a higher underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), partially offset by
Jan 12, 2022 08:57 am ET
Travelers Expands Telematics Offerings with IntelliDrivePlus™
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has expanded its telematics auto insurance offerings with the launch of IntelliDrivePlus™. At each renewal, the app-based program calculates a new premium by measuring miles driven and driving behaviors, such as braking, acceleration, speed, time of day and distraction. IntelliDrive
Jan 10, 2022 08:30 am ET
Travelers Institute Kicks Off 2022 Virtual Programming
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), today announced the lineup of the
Dec 14, 2021 09:00 am ET
Travelers Schedules Conference Call to Review Fourth Quarter 2021 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its fourth quarter and full year 2021 results at 9 a.m. ET on Thursday, Jan. 20, following the release of results earlier that morning.
Nov 11, 2021 09:00 am ET
Travelers Recognized for Military-Friendly Culture
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has once again been named a
Nov 08, 2021 08:15 am ET
Travelers Institute Announces Upcoming Webinars for 2021
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), will complete its 2021
Nov 04, 2021 05:34 pm ET
AM Best Affirms Credit Ratings of The Travelers Companies, Inc. and Its Main Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of the main subsidiaries of The Travelers Companies, Inc. (TRV) (headquartered in New York, NY) [NYSE: TRV], collectively known as Travelers Group (Travelers). In addition, AM Best has affirmed the FSR of A++ (Superior) and the Long-Term ICRs of “aa+” (Superior) of Travelers Casualty and Surety Company of America (TCSA) (Hartford, CT) and Travelers Insurance Company of Canada (TICC) (Toronto, Ontario, Canada).
Nov 01, 2021 08:38 am ET
Travelers Institute Convenes Experts to Address Pandemic-Era Opioid Crisis
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Oct 19, 2021 06:57 am ET
Travelers Reports Third Quarter 2021 Net Income per Diluted Share of $2.62 and Return on Equity of 9.2%
The Travelers Companies, Inc. today reported net income of $662 million, or $2.62 per diluted share, for the quarter ended September 30, 2021, compared to $827 million, or $3.23 per diluted share, in the prior year quarter. Core income in the current quarter was $655 million, or $2.60 per diluted share, compared to $798 million, or $3.12 per diluted share, in the prior year quarter. Core income decreased primarily due to net unfavorable prior year reserve development compared to net favorable prior year reserve development in the prior year quarter and higher catastrophe losses, partially offs
Oct 04, 2021 09:08 am ET
Travelers Outlines Framework for Autonomous Vehicle Insurance in Canada
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), today released its position paper “Insuring Autonomy: How Auto Insurance Will Lead Through Changing Risks” in Canada. The paper presents the company’s assessment of how the existing auto insurance structure can be leveraged for autonomous vehicles (AV).
Sep 29, 2021 08:30 am ET
Travelers Risk Index: Cyber Ranks as the Top Business Concern
The Travelers Companies, Inc. (NYSE: TRV) today announced the results of the
Sep 13, 2021 09:00 am ET
Travelers Schedules Conference Call to Review Third Quarter 2021 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its third quarter 2021 results at 9 a.m. ET on Tuesday, Oct. 19, following the release of results earlier that morning.
Sep 07, 2021 09:03 am ET
Travelers Marks National Suicide Prevention Week with New Resources for Contractors
In recognition of National Suicide Prevention Week, The Travelers Companies, Inc. (NYSE: TRV) today released a new white paper and Risk Control eGUIDE designed to help contractors assess and implement suicide-in-construction awareness programs.
Sep 07, 2021 08:00 am ET
Travelers Chairman and CEO to Participate in the Barclays Global Financial Services Conference
Alan Schnitzer, Chairman and Chief Executive Officer of The Travelers Companies, Inc. (NYSE: TRV), is scheduled to speak during the Barclays Global Financial Services Conference on Tuesday, Sept. 14, at 8:15 a.m. ET. During the course of the conference, information regarding the company’s business and/or financial performance will be discussed.
Aug 30, 2021 09:06 am ET
Travelers Institute Announces Fall 2021 Virtual Programming
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Aug 25, 2021 08:48 pm ET
Travelers Chairman and CEO Issues Statement on White House Cybersecurity Meeting
Alan Schnitzer, Chairman and Chief Executive Officer of The Travelers Companies, Inc. (NYSE: TRV), today attended a meeting with President Biden and members of his Cabinet and national security team, as well as private sector and education leaders, to discuss potential ways to improve the nation’s cybersecurity. Travelers is a leading provider of cyber insurance
Aug 11, 2021 09:00 am ET
Simply Business Offers Insurance to Third-Party Sellers Through Amazon Insurance Accelerator
BOSTON, Aug. 11, 2021 /PRNewswire/ -- Simply Business, Inc., a Boston-based digital insurance agency focused on small businesses, today announced its participation in the newly created Amazon Insurance Accelerator to distribute product liability insurance solutions to its third-party sellers.
Jul 20, 2021 06:57 am ET
Travelers Reports Strong Underwriting and Investment Results
The Travelers Companies, Inc. today reported net income of $934 million, or $3.66 per diluted share, for the quarter ended June 30, 2021, compared to a net loss of $40 million, or $0.16 per diluted share, in the prior year quarter. Core income in the current quarter was $879 million, or $3.45 per diluted share, compared to a core loss of $50 million, or $0.20 per diluted share, in the prior year quarter. The improvement was due to higher net investment income, lower catastrophe losses, higher net favorable prior year reserve development and a higher underlying underwriting gain (i.e., excludin
Jul 15, 2021 09:00 am ET
Travelers Earns Top Score on Disability Equality Index®
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has earned a top score on the Disability Equality Index® (DEI) for the fourth consecutive year, maintaining its distinction as a Best Place to Work for Disability Inclusion. Administered by Disability:IN and the American Association of People with Disabilities, the DEI is the world’s most comprehe
Jul 14, 2021 06:00 am ET
Travelers Announces Strategic Minority Investment in Fidelis
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has made a strategic minority investment in Fidelis Insurance Holdings Limited, a privately owned, global insurer. Terms of the transaction were not disclosed.
Jul 13, 2021 10:07 am ET
Travelers Institute Program to Highlight Lessons in Business Innovation
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Jun 27, 2021 09:16 pm ET
2021 Travelers Championship Generates More Than $2 Million for Charity
The Travelers Companies, Inc. (NYSE: TRV) today announced that the 2021 Travelers Championship generated more than $2 million for 112 charitable organizations. Since Travelers became title sponsor in 2007, the tournament has generated $22.5 million for more than 800 nonprofits across the region.
Jun 21, 2021 09:17 am ET
Travelers Announces the Start of the 2021 Travelers Championship
The Travelers Companies, Inc. (NYSE: TRV) today announced the start of the 2021 Travelers Championship at TPC River Highlands in Cromwell, Connecticut. This year’s tournament features many of the PGA TOUR’s top players, including Dustin Johnson, the defending champion and the No. 2-ranked player in the world, as well as Bryson DeChambeau, Phil Mickelson, Patrick
Jun 16, 2021 09:00 am ET
Travelers Publishes Its 2020 Sustainability Report
The Travelers Companies, Inc. (NYSE: TRV) today published its annual Sustainability Report, which
Jun 11, 2021 09:00 am ET
Travelers Schedules Conference Call to Review Second Quarter 2021 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its second quarter 2021 results at 9 a.m. ET on Tuesday, July 20, following the release of results earlier that morning.
Jun 04, 2021 12:17 pm ET
AM Best Assigns Issue Credit Rating to The Travelers Companies, Inc.’s New Senior Unsecured Notes
AM Best has assigned a Long-Term Issue Credit Rating of “a+” (Excellent) to the new $750 million, 3.05% 30-year senior unsecured notes due June 8, 2051, recently issued by The Travelers Companies, Inc. (Travelers) (headquartered in New York, NY) [NYSE: TRV]. The outlook assigned to this Credit Rating (rating) is stable. All other ratings of Travelers and its subsidiaries are unchanged.
May 26, 2021 10:18 am ET
Travelers’ Wildfire Defense Services Endorsement Now Available to Colorado Customers
The Travelers Companies, Inc. (NYSE: TRV) today announced it has added a Wildfire Defense Services endorsement to its Colorado home and landlord policies at no extra cost to customers. Agribusiness customers in the state are also eligible.
May 24, 2021 09:10 am ET
Travelers Institute Kicks Off Summer 2021 Virtual Programming with ‘The Future of Cities’ Webinar
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
May 17, 2021 09:13 am ET
Travelers Institute to Host Webinar on the Future of Technology, Data and Analytics in Business
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
May 11, 2021 09:14 am ET
U.S. Workers Show Resilience Amid Pandemic, According to Travelers Survey
The Travelers Companies, Inc. (NYSE: TRV) today announced the results of the Travelers Mental Wellness Checkup, a national survey of 2,000 employed adults across more than 10 industries. Most respondents reported experiencing some type of negative effect on their mental health since the pandemic began last year: 59% have worried about losing a loved one, 50% ha
May 10, 2021 09:00 am ET
Travelers Contributed Nearly $23 Million to Charity in 2020
The Travelers Companies, Inc. (NYSE: TRV) today released its annual Com
Apr 26, 2021 09:30 am ET
Travelers Reimagines MyTravelers® App for Personal Insurance Customers
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has released a new and reimagined MyTravelers® app, the company’s mobile app for personal insurance customers, to make it easier than ever to connect with Travelers.
Apr 22, 2021 09:30 am ET
Travelers Makes Earth Day Pledge to Become Carbon Neutral by 2030
The Travelers Companies, Inc. (NYSE: TRV) today announced its commitment to become carbon neutral across its owned operations by 2030. The pledge is a key component of Travelers’ ongoing and broader sustainability strategy.
Apr 20, 2021 06:57 am ET
Travelers Reports Strong First Quarter 2021 Net Income per Diluted Share of $2.87, up 23%, and Return on Equity of 10.2%
The Travelers Companies, Inc. today reported net income of $733 million, or $2.87 per diluted share, for the quarter ended March 31, 2021, compared to $600 million, or $2.33 per diluted share, in the prior year quarter. Core income in the current quarter was $699 million, or $2.73 per diluted share, compared to $676 million, or $2.62 per diluted share, in the prior year quarter. Core income increased primarily due to higher net favorable prior year reserve development, a higher underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses) and higher n
Apr 13, 2021 09:04 am ET
Travelers Institute to Host Dr. Ashish Jha for a Discussion on the Global Pandemic
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Apr 05, 2021 09:30 am ET
Travelers Announces 2021 Personal Insurance Agent of the Year Award Honorees
The Travelers Companies, Inc. (NYSE: TRV) today announced the 2021 recipients of its Personal Insurance Agent of the Year Award. The honorees were recognized for their strong commitment to Travelers, outstanding customer service and long-term profitable growth. The awards were presented at Travelers’ leadership conference for top independent agents and brokers,
Mar 31, 2021 09:29 am ET
Travelers Risk Index Reveals Dangerous Driving Behaviors Have Increased During Pandemic
The Travelers Companies, Inc. (NYSE: TRV) today announced the results of the 2021 Travelers Risk Index on distracted driving, a national survey of more than 1,000 consumers and business managers regarding perceptions about risk in their daily lives. The findings reveal that one in four drivers thinks that roads are safer today than they were before the pandemic
Mar 29, 2021 01:08 pm ET
Travelers Extends Title Sponsorship of PGA TOUR Event Through 2030
The Travelers Companies, Inc. (NYSE: TRV) and the PGA TOUR today announced that they have reached an agreement to extend Travelers’ title sponsorship of the Travelers Championship through 2030. The company has been a partner of the tournament since its inception in 1952 and has served as title sponsor since 2007. This agreement will make Travelers the longest-r
Mar 15, 2021 08:53 am ET
Travelers Institute Announces Spring 2021 Virtual Programming
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Mar 12, 2021 09:00 am ET
Travelers Schedules Conference Call to Review First Quarter 2021 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its first quarter 2021 results at 9 a.m. ET on Tuesday, April 20, following the release of results earlier that morning.
Mar 08, 2021 09:00 am ET
Travelers Partners with Westhill to Enhance Claim Experience
The Travelers Companies, Inc. (NYSE: TRV) today announced it is enhancing its claim process with the introduction of an innovative technology solution designed by
Mar 03, 2021 08:30 am ET
Travelers Institute to Share Inside Look at IIHS Vehicle Safety Ratings
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Feb 17, 2021 09:00 am ET
Travelers Named a Best Place to Work for LGBTQ Equality
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has earned a score of 100 on the 2021
Feb 15, 2021 01:57 pm ET
Travelers and the Travelers Championship to Match Up to $1 Million in Donations to The Hole in the Wall Gang Camp After Devastating Fire
The Travelers Companies, Inc. (NYSE: TRV) and the Travelers Championship today announced a joint commitment to match up to $1 million in donations to The Hole in the Wall Gang Camp in the wake of a significant fire on Friday night that destroyed a number of buildings on the grounds of the camp in Ashford, Connecticut.
Feb 09, 2021 09:00 am ET
Travelers Named a 2021 Military Friendly® Company
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has been named a 2021 Military Friendly® Company by VIQTORY, publisher of G.I. Jobs. The designation is given to organizations that have robust programs in place to support the military community.
Jan 27, 2021 09:15 am ET
Travelers Canada Introduces IntelliDrive®
Travelers Canada, the Canadian arm of The Travelers Companies, Inc. (NYSE: TRV), today announced the launch of IntelliDrive®, its usage-based auto insurance mobile app. IntelliDrive provides customers with a better understanding of their driving habits – and rewards them for responsible driving – by collecting and assessing data on behaviours such
Jan 25, 2021 08:00 am ET
Travelers Releases Position Paper on Insuring Autonomous Vehicles
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), today released the latest version of its position paper “Insuring Autonomy: How Auto Insurance Will Lead Through Changing Risks.” The paper, initially published in 2018, presents the company’s assessment of how the existing auto insurance structure can be leveraged
Jan 21, 2021 08:31 am ET
Thinking about trading options or stock in Microsoft, Travelers Companies, General Electric, Netflix, or Cigna Corp?
NEW YORK, Jan. 21, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MSFT, TRV, GE, NFLX, and CI.
Jan 21, 2021 06:57 am ET
Travelers Reports Record Fourth Quarter 2020 Net Income per Diluted Share of $5.10 and Return on Equity of 18.4%
The Travelers Companies, Inc. today reported net income of $1.310 billion, or $5.10 per diluted share, for the quarter ended December 31, 2020, compared to $873 million, or $3.35 per diluted share, in the prior year quarter. Core income in the current quarter was $1.262 billion, or $4.91 per diluted share, compared to $867 million, or $3.32 per diluted share, in the prior year quarter. Core income increased primarily due to a higher underlying underwriting gain (i.e., excluding net prior year reserve development and catastrophe losses), higher net favorable prior year reserve development, high
Jan 11, 2021 09:20 am ET
Travelers Institute Kicks Off 2021 Programming
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), today announced the lineup of its 2021 educational webinars, which will focus on critical issues facing customers and businesses. Topics will include the rollout of COVID-19 vaccines, hiring and workforce strategies, the future of insuring autonomous vehicles and g
Dec 15, 2020 09:00 am ET
Travelers Schedules Conference Call to Review Fourth Quarter 2020 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its fourth quarter and full year 2020 results at 9 a.m. ET on Thursday, Jan. 21, following the release of results earlier that morning.
Dec 03, 2020 09:00 am ET
Travelers to Acquire InsuraMatch
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has agreed to acquire InsuraMatch, LLC, a digital
Dec 01, 2020 08:30 am ET
Travelers Institute Wraps Up Webinar Season Addressing 2020’s Unique Challenges
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:TRV), will close its 2020 Wednesdays with Woodward webinar series this week with “Weathering the Storm: A Behind-the-Scenes Look at the Insurance Institute for Business & Home Safety (IBHS).” The six-month-long series provided consumers and businesses with practica
Nov 17, 2020 08:00 am ET
Nov 10, 2020 09:39 am ET
Travelers Introduces Global Companion℠ Plus+
The Travelers Companies, Inc. (NYSE: TRV) today announced the launch of Global Companion Plus+. This new product builds upon the company’s broad property and casualty offerings for U.S. firms with foreign exposures.
Nov 05, 2020 01:29 pm ET
AM Best Affirms Credit Ratings of The Travelers Companies, Inc. and Its Main Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” of the main subsidiaries of The Travelers Companies, Inc. (TRV) (headquartered in New York, NY) [NYSE: TRV], collectively known as Travelers Group (Travelers). In addition, AM Best has affirmed the FSR of A++ (Superior) and the Long-Term ICRs of “aa+” of Travelers Casualty and Surety Company of America (TCSA) (Hartford, CT) and its separately rated affiliate, Travelers Insurance Company of Canada (TICC) (Toronto, Ontario, Canada).
Oct 28, 2020 10:45 am ET
Should you invest in Travelers Companies, Bank of America, Masco, Netflix, or Procter & Gamble?
NEW YORK, Oct. 28, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for TRV, BAC, MAS, NFLX, and PG.
Oct 21, 2020 09:31 am ET
Thinking about trading options or stock in General Motors, Nikola Corp, Apple, Baidu, or Travelers?
NEW YORK, Oct. 21, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for GM, NKLA, AAPL, BIDU, and TRV.
Oct 20, 2020 06:57 am ET
Travelers Reports Third Quarter 2020 Net Income per Diluted Share of $3.23 and Core Income per Diluted Share of $3.12, Both Up Substantially from Prior Year Quarter
The Travelers Companies, Inc. today reported net income of $827 million, or $3.23 per diluted share, for the quarter ended September 30, 2020, compared to $396 million, or $1.50 per diluted share, in the prior year quarter. Core income in the current quarter was $798 million, or $3.12 per diluted share, compared to $378 million, or $1.43 per diluted share, in the prior year quarter. Core income increased primarily due to net favorable prior year reserve development compared to net unfavorable prior year reserve development in the prior year quarter, a higher underlying underwriting gain (i.e.,
Oct 08, 2020 09:24 am ET
Travelers Releases ‘Zaadii: The Legend of Z-Hawk’ during New York Comic Con’s Metaverse to Honor a Life Cut Short by Distracted Driving
The Travelers Companies, Inc. (NYSE: TRV) today announced the release of “Zaadii: The Legend of Z-Hawk,” a comic book inspired by 3-year-old Zaadii Tozhon Tso, who was tragically killed by a distracted driver in 2015.
Sep 29, 2020 09:00 am ET
2020 Travelers Risk Index Finds Fewer Companies Taking Steps to Mitigate Cyber Threats Despite Increased Concern
The Travelers Companies, Inc. (NYSE: TRV) today announced the results of the
Sep 23, 2020 09:06 am ET
Travelers Introduces IndustryEdge® Program for Professional Services
The Travelers Companies, Inc. (NYSE: TRV) today announced the launch of IndustryEdge for Professional Services. This tailored business insurance solution offers coverages including general liability, property, commercial auto, workers compensation, professional liability and cyber to help customers mitigate industry-specific risks such as data breaches,
Sep 21, 2020 09:01 am ET
Travelers Introduces AI-Based Ergonomic Assessments
The Travelers Companies, Inc. (NYSE: TRV) today announced that it is the first insurance carrier to offer its business customers virtual and on-site ergonomic assessments using artificial intelligence (AI).
Sep 17, 2020 09:06 am ET
Travelers Survey Shows Renewed Focus on Home Improvements During Pandemic
The Travelers Companies, Inc. (NYSE: TRV) today announced findings from its consumer pulse survey that measures perceptions about homeownership during the COVID-19 pandemic. The results indicate that consumers have been doing more projects around their homes since March, when the World Health Organization officially declared the pandemic.
Sep 16, 2020 09:00 am ET
Travelers Schedules Conference Call to Review Third Quarter 2020 Results
The Travelers Companies, Inc. (NYSE:TRV) will review its third quarter 2020 results at 9 a.m. ET on Tuesday, Oct. 20, following the release of results earlier that morning.
Sep 08, 2020 09:00 am ET
Travelers Chairman and CEO to Participate in the Barclays Global Financial Services Conference
Alan Schnitzer, Chairman and Chief Executive Officer of The Travelers Companies, Inc. (NYSE: TRV), is scheduled to speak during the Barclays Global Financial Services Conference on Tuesday, Sept. 15, at 8:15 a.m. ET. During the course of the conference, information regarding the company’s business and/or financial performance will be discussed.
Sep 03, 2020 09:00 am ET
Travelers Recognized for Military-Friendly Culture
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has been named to the Military Times
Sep 01, 2020 06:23 pm ET
Travelers Recommends Shareholders Reject TRC Capital’s “Mini-Tender” Offer
The Travelers Companies, Inc. (NYSE: TRV) today announced it has been notified that TRC Capital Investment Corporation (TRC Capital) has made an unsolicited “mini-tender” offer to purchase up to 1,000,000 shares of Travelers’ common stock at $106.75 per share. This offer price is approximately 4.5% below the closing share price of Travelers’ common stock on Aug
Sep 01, 2020 09:09 am ET
Travelers Enhances Traverse App With Image Recognition Technology
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has enhanced the ability to purchase its online personal insurance product, Traverse, with a mobile app utilizing image recognition technology. Through this upgrade, customers can now purchase a policy in under a minute by using their smartphone to take a photo of the item they wish to insure and ans
Aug 26, 2020 09:03 am ET
Travelers Redesigns Constitution State Services
The Travelers Companies, Inc. (NYSE: TRV) today announced the redesign of Constitution State Services (CSS), its third-party administrator for workers compensation, general liability, commercial auto and property claims. Through a reimagined service model, CSS now offers highly customizable solutions based on customers’ unique risk appetites to better help them
Jul 30, 2020 09:17 am ET
Travelers Enhances IntelliDrive® App to Further Promote Safe Driving
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has enhanced IntelliDrive, its usage-based auto insurance mobile app. IntelliDrive provides customers with a better understanding of their driving habits – and rewards them for safe driving – by collecting and assessing data on behaviors such as hard braking, rapid acceleration, spe
Jul 27, 2020 12:00 pm ET
Travelers Canada Extends Stay-at-Home Auto Premium Credit Program
Travelers Canada, the Canadian arm of The Travelers Companies, Inc. (NYSE: TRV), today announced it is extending its Stay-at-Home Auto Premium Credit Program to provide its personal auto insurance customers with an additional 15 per cent credit on one month’s premium. This follows the 25 per cent credit previously announced by the company in response to the impact
Jul 27, 2020 09:09 am ET
Travelers Teams Up with Procore to Help Contractors Manage Total Cost of Risk
The Travelers Companies, Inc. (NYSE: TRV) today announced an exclusive agreement with Procore, a leading provider of construction management software, to help contractors manage the total cost of risk through improved operations and job-site safety.
Jul 23, 2020 06:57 am ET
Travelers Reports Second Quarter 2020 Net and Core Loss per Diluted Share of $0.16 and $0.20, Respectively
The Travelers Companies, Inc. today reported a net loss of $40 million, or $0.16 per diluted share, for the quarter ended June 30, 2020, compared to net income of $557 million, or $2.10 per diluted share, in the prior year quarter. The core loss in the current quarter was $50 million, or $0.20 per diluted share, compared to core income of $537 million, or $2.02 per diluted share, in the prior year quarter. The difference was primarily due to higher catastrophe losses, lower net investment income and lower net favorable prior year reserve development, partially offset by a higher underlying und
Jul 21, 2020 08:39 am ET
Travelers Institute Launches New Webinar Series Offering Solutions to Current Business and Consumer Challenges
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Jul 16, 2020 09:00 am ET
Travelers Named a 2020 Best Place to Work for Disability Inclusion
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has earned a top score on the Disability Equality Index® (DEI) for the third consecutive year, maintaining its distinction as a Best Place to Work for Disability Inclusion. Administered by Disability:IN and the American Association of People with Disabilities, the DEI evaluates a company’s disabi
Jul 14, 2020 06:57 am ET
Travelers Announces Preliminary Results for Second Quarter 2020
The Travelers Companies, Inc. (NYSE: TRV) today announced preliminary results for the second quarter of 2020 and provided an estimate of PG&E subrogation recoveries expected to be recognized in the third quarter of 2020.
Jun 28, 2020 07:38 pm ET
2020 Travelers Championship Generates More Than $1.6 Million for Charity
The Travelers Companies, Inc. (NYSE: TRV) today announced that the 2020 Travelers Championship generated more than $1.6 million for more than 100 charitable organizations. Since Travelers became title sponsor in 2007, the event has generated more than $20 million for more than 750 charities across the region.
Jun 23, 2020 09:00 am ET
Travelers Publishes Its 2019 Sustainability Report
The Travelers Companies, Inc. (NYSE: TRV) today published its 2019 Sustainability Report, out
Jun 22, 2020 09:30 am ET
Travelers Announces the Start of the 2020 Travelers Championship
The Travelers Companies, Inc. (NYSE: TRV) today announced the start of the 2020 Travelers Championship at TPC River Highlands in Cromwell, Connecticut. This year’s tournament features many of the PGA TOUR’s top players, including Rory McIlroy, Jon Rahm, Justin Thomas, Brooks Koepka, Webb Simpson, Dustin Johnson, Bubba Watson, Jordan Spieth, Phil Mickelson and de
Jun 17, 2020 09:03 am ET
Travelers Provides Wildfire Mitigation Services to Small Businesses in California
The Travelers Companies, Inc. (NYSE: TRV) today announced it will provide wildfire mitigation services at no additional cost to its small business customers with building coverage in California through its Wildfire Defense Services endorsement. Travelers added a similar endorsement in 2019 to its California personal insurance home and landlord policies.
Jun 16, 2020 09:00 am ET
Travelers Schedules Conference Call to Review Second Quarter 2020 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its second quarter 2020 results at 9 a.m. ET on Thursday, July 23, following the release of results earlier that morning.
Jun 15, 2020 09:09 am ET
Travelers Cyber Policyholders Can Now Enhance Work-from-Home and In-Office Device Security with Services from SentinelOne
The Travelers Companies, Inc. (NYSE: TRV) today announced that it is making cyber monitoring services from SentinelOne™ available to its CyberRisk and CyberFirst customers. SentinelOne is recognized as a global leader in endpoint detection and response (EDR) technology – a cyber defense tool that uses artificial intelligence (AI) to identify, immediately respond
Jun 08, 2020 11:39 am ET
Travelers Pledges $1 Million to Support Racial Justice Efforts and Minnesota Communities
The Travelers Companies, Inc. (NYSE: TRV) today announced a commitment of $1 million to assist nonprofits dedicated to advancing racial equality across the United States and rebuilding damaged businesses in Minnesota, where the company has had a significant presence for more than 165 years.
May 29, 2020 09:03 am ET
Travelers Extends Stay-at-Home Auto Premium Credit Program to June
The Travelers Companies, Inc. (NYSE: TRV) today announced it is extending its Stay-at-Home Auto Premium Credit Program, giving its U.S. personal auto insurance customers a 15% credit on their June premiums. The company is already providing its customers with a credit on their April and May premiums under the program. Customers’ accounts will continue to be auto
May 26, 2020 12:00 pm ET
BrokerTech Ventures Announces Travelers as First Carrier Partner
BrokerTech Ventures (BTV), the industry’s first broker-led investor group and accelerator program, today announced the addition of its first carrier partner, The Travelers Companies, Inc. (NYSE: TRV), to the platform. Travelers, with major...
May 26, 2020 09:03 am ET
Travelers Offers Guidance to Help Businesses Safely Reopen
“As businesses take steps to reopen their doors, they are facing a completely new environment and the uncertainty can be overwhelming,” said Marty Henry, Senior Vice President of Risk Control at Travelers. “We’re trying to make it a little easier to get through the next phase of COVID-19 by delivering focused expertise that helps prioritize what needs to be done to safely get back to business.”
May 18, 2020 09:00 am ET
Travelers Announces 2019 Community Giving of More Than $24 Million
The Travelers Companies, Inc. (NYSE: TRV) today released its annual Com
May 08, 2020 04:15 pm ET
Travelers to Hold Virtual-Only Annual Meeting of Shareholders
The Travelers Companies, Inc. (NYSE:TRV) today announced a change in the location of its 2020 Annual Meeting of Shareholders. In light of the COVID-19 pandemic and in an effort to protect the health and safety of the company’s shareholders, employees and communities, the Annual Meeting will be held by remote communication in the form of an audio webcast rather t
May 07, 2020 09:00 am ET
Travelers Announces 2020 Personal Insurance Agent of the Year Award Winners
The Travelers Companies, Inc. (NYSE: TRV) today announced the 2020 winners of its Agent of the Year Award. The company recognizes a select group of its Personal Insurance agents annually for their outstanding customer service, delivery of long-term profitable growth and commitment to Travelers.
May 05, 2020 07:00 am ET
APCIA, IBHS and Travelers Institute Team Up to Provide Hurricane Preparedness Tips and Resources
WASHINGTON, May 5, 2020 /PRNewswire/ -- With the 2020 Atlantic Hurricane Season approaching, the American Property Casualty Insurance Association (APCIA), the Insurance Institute for Business & Home Safety (IBHS) and the Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), are teaming up to offer hurricane preparedness resources. May 3 marked the beginning of National Hurricane Preparedness Week – a critical time to ensure your property is equipped to withstand upcoming hurricanes.
Apr 22, 2020 12:22 pm ET
Travelers Canada Announces Stay-at-Home Auto Premium Credit Program
Travelers Canada, the Canadian arm of The Travelers Companies, Inc. (NYSE: TRV), today announced it is giving its Canadian personal auto insurance customers a credit of 25 per cent on one month’s premium through its new Stay-at-Home Auto Premium Credit Program. The company will automatically credit customers’ accounts, providing them with prompt and much needed
Apr 22, 2020 09:00 am ET
Travelers to Reach Goal of Planting 1 Million Trees in Partnership With American Forests
The Travelers Companies, Inc. (NYSE: TRV) today announced the company will reach its goal of planting 1 million trees in partnership with
Apr 21, 2020 06:57 am ET
Travelers Reports First Quarter 2020 Net Income per Diluted Share of $2.33 and Return on Equity of 9.4%
The Travelers Companies, Inc. today reported net income of $600 million, or $2.33 per diluted share, for the quarter ended March 31, 2020, compared to $796 million, or $2.99 per diluted share, in the prior year quarter. Core income in the current quarter was $676 million, or $2.62 per diluted share, compared to $755 million, or $2.83 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). The improved unde
Apr 08, 2020 02:35 pm ET
Travelers Announces Stay-at-Home Auto Premium Credit Program
The Travelers Companies, Inc. (NYSE: TRV) today announced it is giving U.S. personal auto insurance customers a 15% credit on their April and May premiums through its new Stay-at-Home Auto Premium Credit Program. The company will automatically credit customers’ accounts, providing them with prompt and much needed relief during this time. Travelers will continue
Apr 03, 2020 11:57 am ET
Travelers’ “Distribution Support Plan” to Provide Financial Assistance to Agents and Brokers
The Travelers Companies, Inc. (NYSE: TRV) today announced that it will accelerate commission payments to eligible agents and brokers to help them address the liquidity impacts of the COVID-19 crisis. In total, Travelers is accelerating more than $100 million, a significant boost of cash flow to its distribution partners when they need it most.
Mar 31, 2020 08:00 am ET
Travelers Pledges $5 Million to Coronavirus Relief Efforts
The Travelers Companies, Inc. (NYSE:TRV) today announced a $5 million commitment to assist families and communities impacted by the COVID-19 pandemic in North America, the United Kingdom and the Republic of Ireland. This includes support for the most financially vulnerable in the communities where Travelers operates.
Mar 09, 2020 09:00 am ET
Travelers Schedules Conference Call to Review First Quarter 2020 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its first quarter 2020 results at 9 a.m. ET on Tuesday, April 21, following the release of results earlier that morning.
Mar 05, 2020 09:24 am ET
Travelers Expands Traverse Product to Texas
The Travelers Companies, Inc. (NYSE: TRV) today announced that Traverse, its personal insurance product that allows consumers to customize, purchase and service policies online, is now available in Texas. The product launched in New York in 2018.
Mar 02, 2020 08:30 am ET
Travelers Institute to Host Technology, Innovation and Cybersecurity Symposium at Georgia Tech
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Feb 24, 2020 09:00 am ET
Travelers Recognized for Diverse and Inclusive Culture
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has attained a perfect score on the 2020
Feb 13, 2020 08:00 am ET
Travelers Institute Launches 2020 Every Second Matters℠ Symposium Series to Combat Distracted Driving
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Feb 11, 2020 07:00 am ET
Travelers Institute Celebrates 10th Anniversary by Ringing The Opening Bell® and Hosting Cybersecurity Symposium at New York Stock Exchange
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Jan 23, 2020 06:57 am ET
Travelers Reports Record Net and Core Income per Diluted Share in Fourth Quarter 2019
The Travelers Companies, Inc. today reported net income of $873 million, or $3.35 per diluted share, for the quarter ended December 31, 2019, compared to $621 million, or $2.32 per diluted share, in the prior year quarter. Core income in the current quarter was $867 million, or $3.32 per diluted share, compared to $571 million, or $2.13 per diluted share, in the prior year quarter. Core income increased primarily due to significantly lower catastrophe losses, partially offset by lower net favorable prior year reserve development and a lower underlying underwriting gain (i.e., excluding net fav
Jan 10, 2020 11:02 am ET
Travelers Hosts Industry Discussion on the Future of Insurance and Autonomous Vehicles
The Travelers Companies, Inc. (NYSE: TRV) today hosted an event at its Hartford, Connecticut, offices to discuss the evolution of autonomous vehicles and their potential effect on the insurance industry. The event brought together company executives and transportation experts from the Center for Automotive Research at Stanford (CARS), the Insurance Institute fo
Dec 16, 2019 09:00 am ET
Travelers Named a 2020 Military Friendly® Company
The Travelers Companies, Inc. (NYSE: TRV) today announced it has been recognized as a Military Friendly® Company by VIQTORY, publisher of G.I. Jobs. Travelers is one of 76 companies to earn the designation, which is given to organizations that meet or exceed standards in at least three of four categories:
Dec 10, 2019 09:00 am ET
Travelers Schedules Conference Call to Review Fourth Quarter 2019 Results
The Travelers Companies, Inc. (NYSE: TRV) will review its fourth quarter and full year 2019 results at 9 a.m. ET on Thursday, Jan. 23, following the release of results earlier that morning.
Dec 05, 2019 09:09 am ET
Travelers Institute Hosts Distracted Driving Symposium at the Wisconsin School of Business
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE:
Nov 21, 2019 08:05 am ET
Travelers Institute Teams Up With Carnegie Mellon University and RAND Corporation to Host Automated Vehicle Symposium
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), will host
Nov 05, 2019 05:17 pm ET
AM Best Affirms Credit Ratings of The Travelers Companies, Inc. and Its Main Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” of the main subsidiaries of The Travelers Companies, Inc. (TRV) (headquartered in New York, NY) [NYSE: TRV], collectively known as Travelers Group (Travelers). In addition, AM Best has affirmed the FSR of A++ (Superior) and the Long-Term ICRs of “aa+” of Travelers Casualty and Surety Company of America (TCSA) (Hartford, CT) and its affiliates, Travelers Casualty and Surety Company of Europe Limited (TCSCE) (United Kingdom) and Travelers Insurance Co
Oct 30, 2019 09:00 am ET
Travelers Announces Strategic Partnership With Groundspeed Analytics; Will Use AI to Streamline Submission and Quoting Processes
The Travelers Companies, Inc. (NYSE: TRV) today announced a strategic partnership with Groundspeed Analytics, Inc. to simplify its new b
Oct 23, 2019 09:00 am ET
Travelers Institute Marks National Cybersecurity Awareness Month With Event in Portland, Oregon
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), tomorrow will h
Oct 22, 2019 06:57 am ET
Travelers Reports Third Quarter 2019 Net Income per Diluted Share of $1.50 and Return on Equity of 6.2%
The Travelers Companies, Inc. today reported net income of $396 million,
or $1.50 per diluted share, for the quarter ended September 30, 2019,
compared to $709 million, or $2.62 per diluted share, in the prior year
quarter. Core income in the current quarter was $378 million, or $1.43
per diluted share, compared to $687 million, or $2.54 per diluted share,
in the prior year quarter. Core income decreased primarily due to net
unfavorable prior year reserve development in the current quarter,
including the impact of an increasingly challenging tor
Oct 16, 2019 09:00 am ET
Travelers Institute Hosts Every Second Matters℠ Symposium at George Washington University To Help End Distracted Driving
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), will host a sym
Oct 10, 2019 08:59 am ET
Travelers Joins Automated Vehicle Coalitions in Shaping the Future of Transportation
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has joined the Advanced Vehicle Technology (AVT) Consortium at the Massachusetts Institute of Technology (MIT) and Partners for Automated Vehicle Education (PAVE). Both organizations work to strategically advance research and public information about automated vehicle and driver assistance technologies.
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