Travelers Companies Inc reported a 48 percent increase in quarterly profit on Tuesday, beating analysts’ expectations, as lower catastrophe-related claims offset a hit from investment losses. Core income increased to $1.04 billion, or $4.22 per share, in the first quarter ended March 31, up from $699 million, or $2.73 per share, the previous year. According… Continue reading Travelers’ Profit Beats on Lower Catastrophe Losses
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