Travelers (TRV) Misses Q4 EPS by 20c

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Travelers Reports Fourth Quarter 2018 Net Income per Diluted Share of $2.32, up 17%, and Return on Equity of 10.9%

January 22, 2019 6:57 AM EST

Fourth Quarter 2018 Core Income per Diluted Share of $2.13 and Core Return on Equity of 10.0%

Full Year Net Income of $2.523 billion and Return on Equity of 11.0%

Full Year Core Income of $2.430 billion and Core Return on Equity of 10.7%

Fourth quarter net income of $621 million and core income of $571 million. Catastrophe losses of $610 million pre-tax increased from $499 million pre-tax in the prior year quarter. Fourth quarter consolidated combined ratio of 97.5%; underlying combined ratio of 91.1%.... More