The Travelers Companies, Inc. (TRV)

The company now

The Travelers Companies reported third-quarter 2026 net income of $1.917 billion on 16 October, against $1.888 billion a year earlier 1. Core income, which leaves out gains and losses from selling investments, rose to $1.947 billion from $1.867 billion 1.

The combined ratio, claims and costs measured against premiums earned, improved to 86.8 percent from 87.3 percent 1. Storms cost more: catastrophe losses were $538 million before tax against $402 million, mostly from wind and hail in several states 12.

Two things held profit up: $234 million of favorable development, meaning reserves for older claims proved larger than needed, and record investment income of $1.098 billion before tax 1. That favorable figure came after a $295 million addition to asbestos reserves 1.

Premiums were flat at $11.480 billion because the year-earlier quarter held $240 million from the Canadian businesses sold to Definity Financial on 2 January 2026 13. Excluding the sale, premiums grew 2 percent 1.

The open questions are lawsuits and interest rates: chief executive Alan Schnitzer said the drivers of liability losses "remain active" 16. Higher rates also lifted unrealized losses on the bond portfolio to $6.352 billion after tax, which cut book value per share to $141.48 1.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.