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Business News Travelers Profit Falls On Higher Catastrophe Losses | RobinsPost News & Noticias

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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