Travelers’ Profit Soars on Investment Gains, Fewer Claims

Travelers earnings

Property and casualty insurer Travelers Cos Inc reported a jump in quarterly profit on Thursday, helped by an increase in returns from investments and lower catastrophe claims. The company reported a core income of $1.26 billion, or $4.91 per share, in the fourth quarter ended Dec. 31, compared with $867 million, or $3.32 per share,… Continue reading Travelers’ Profit Soars on Investment Gains, Fewer Claims