No. of Recommendations: 2
"We're pleased to report an excellent second quarter... with very strong underwriting performance across all 3 segments and a terrific result from our investment portfolio." (Chairman & CEO Alan Schnitzer)
"For the quarter, we earned core income of $2.2 billion or $10.04 per diluted share... [and] core return on equity of 24.9%." (Chairman & CEO Schnitzer)
"The combined ratio improved to 83.6%, and the underlying combined ratio improved to 84.1%, driven by a lower underlying loss ratio." (Chairman & CEO Schnitzer)
"We generated net written premiums of $11.5 billion in the quarter" and "return[ed] more than $1.5 billion of excess capital to shareholders during the quarter, including $1.3 billion of share repurchases." (Chairman & CEO Schnitzer)
seekingalpha.com - Travelers expects fixed income net investment income of in q3 and in q4 as itStock up almost 10% on earnings release, 40% in last 6 months.