Travelers (TRV) Misses Q4 EPS by 4c
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Travelers Reports Fourth Quarter 2022 Net Income per Diluted Share of $3.44 and Return on Equity of 15.8%
January 24, 2023 6:57 AM ESTFourth Quarter 2022 Core Income per Diluted Share of $3.40 and Core Return on Equity of 12.3%
Full Year Net Income of $2.842 billion and Return on Equity of 12.2%
Full Year Core Income of $2.998 billion and Core Return on Equity of 11.3%
Fourth quarter net income of $819 million and core income of $810 million. Results reflect record net earned premium, consolidated combined ratio of 94.5% and underlying combined ratio of 91.4%; underwriting results in commercial businesses were exceptional. Catastrophe losses of $459 million pre-tax compared to $36 million... More