Travelers Companies Inc reported a smaller-than-expected drop in quarterly profit on Thursday, as record premium growth offset a hit from higher catastrophe-related claims and lower investment returns. In the second quarter ended June 30, the company’s core income fell to $625 million, or $2.57 per share, from $879 million, or $3.45 per share, the previous… Continue reading Travelers Beats Profit Estimates on Premium Growth
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