Travelers (TRV) Tops Q3 EPS by 28c, Revenues Beat

Go back to Travelers (TRV) Tops Q3 EPS by 28c, Revenues Beat

Travelers Reports Third Quarter Net Income per Diluted Share of $2.62 and Core Income per Diluted Share of $2.54, Both Up Substantially from Prior Year Quarter

October 18, 2018 6:57 AM EDT

Third Quarter Return on Equity of 12.6% and Core Return on Equity of 12.0%

Third quarter net income of $709 million and core income of $687 million. Catastrophe losses of $264 million pre-tax decreased from $700 million pre-tax in the prior year quarter. Consolidated combined ratio of 96.6%; underlying combined ratio of 93.0%. Net written premiums of $7.062 billion, up 6% from the prior year quarter, reflecting growth in all segments. Total capital returned to shareholders of $607 million in the quarter, including $400 million of share repurchases. Year-to-date total capital... More