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Travelers profit misses estimates on hit from catastrophe losses
opens new tab missed first-quarter profit estimates on Wednesday as severe storms in the United States drove up its catastrophe losses ... news and regulatory developments in the cryptocurrency ... Read More
Elevated Catastrophe Losses From Hail and Wind Storm Hurt Travelers Companies Q1 Profit, Stock Slides
Travelers Companies sees ... production in all three segments, and higher investment income. The quarter included an elevated level of catastrophe losses of $712 million pre-tax, compared to ... Read More
Travelers' profit jumps on investment gains, underwriting strength
(Reuters) - Travelers Companies' first-quarter profit rose 13%, driven by higher investment income and strong underwriting that offset a hit from a jump in catastrophe losses, the insurance ... Read More
Travelers' Q1 2024 Results Marred by Surging Catastrophe Losses
The insurer had to contend with $712 million worth of catastrophe losses, a 33% gain. Travelers reported net ... reflecting higher business volumes and earned pricing. In Bond & Specialty ... Read More
Travelers’ stock suffers biggest selloff in 4 years after profit miss
Shares of Travelers Companies Inc. were hit hard Wednesday, after the property casualty insurer missed expectations for first-quarter profit ... 9% from 95.4% as catastrophe losses grew 33% ... Read More
Travelers profit misses estimates on hit from catastrophe losses
(Reuters) -Travelers Companies missed first-quarter profit estimates on Wednesday as severe storms in the United States drove up its catastrophe losses, sending shares of the insurance bellwether down ... Read More
Travelers' profit jumps on investment gains, underwriting strength
April 17 (Reuters) - Travelers Companies' first-quarter profit rose 13%, driven by higher investment income and strong underwriting that offset a hit from a jump in catastrophe losses ... from a year ... Read More
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