Travelers (TRV) Tops Q1 EPS by 36c

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Travelers Reports Strong First Quarter 2021 Net Income per Diluted Share of $2.87, up 23%, and Return on Equity of 10.2%

April 20, 2021 6:57 AM EDT

First Quarter 2021 Core Income per Diluted Share of $2.73, up 4%, and Core Return on Equity of 11.1%

Board of Directors Declares 4% Increase in the Companys Regular Quarterly Cash Dividend to $0.88 per Share and Authorizes an Additional $5.0 Billion of Share Repurchases

First quarter net income of $733 million and core income of $699 million. Consolidated combined ratio of 96.6%; underlying combined ratio improved 1.8 points to a very strong 89.5%. Catastrophe losses of $835 million pre-tax compared to $333 million pre-tax in the prior year quarter. Net written premiums of $7.505 billion, up 2%... More