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Travelers Companies Inc (TRV.N)

TRV.N on New York Stock Exchange

147.04USD
21 Aug 2019
Change (% chg)

$0.53 (+0.36%)
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Latest Key Developments (Source: Significant Developments)

Travelers Offers Wildfire Defense Services Endorsement To California Customers
Thursday, 13 Jun 2019 

June 13 (Reuters) - Travelers Companies Inc ::TRAVELERS OFFERS WILDFIRE DEFENSE SERVICES ENDORSEMENT TO CALIFORNIA CUSTOMERS.TRAVELERS COMPANIES - INCLUDING WILDFIRE DEFENSE SERVICES ENDORSEMENT IN ALL CALIFORNIA HOME AND LANDLORD POLICIES.  Full Article

Travelers Companies Reports Qtrly Core Earnings Per Share $2.83
Thursday, 18 Apr 2019 

April 18 (Reuters) - Travelers Companies Inc ::TRAVELERS COMPANIES - QTRLY CORE EARNINGS PER SHARE $2.83; QTRLY EARNINGS PER SHARE $2.99.TRAVELERS COMPANIES - QTRLY TOTAL REVENUE $7.67 BILLION VERSUS $7.29 BILLION.Q1 EARNINGS PER SHARE VIEW $2.74, REVENUE VIEW $7.11 BILLION -- REFINITIV IBES DATA.TRAVELERS COMPANIES - QTRLY COMBINED RATIO 93.7 PERCENT VERSUS 95.5 PERCENT.TRAVELERS COMPANIES - QTRLY NET WRITTEN PREMIUMS $7.06 BILLION VERSUS $6.82 BILLION.TRAVELERS COMPANIES - QTRLY CATASTROPHE LOSSES, NET OF REINSURANCE $193 MILLION VERSUS $354 MILLION.TRAVELERS COMPANIES - QUARTER-END BOOK VALUE PER SHARE $92.94.TRAVELERS COMPANIES - QTRLY PRE-TAX NET INVESTMENT INCOME OF $582 MILLION VERSUS $603 MLN‍​.TRAVELERS COMPANIES - DECLARES 6.5 PERCENT INCREASE IN REGULAR QUARTERLY CASH DIVIDEND TO $0.82 PER SHARE.TRAVELERS COMPANIES - QTRLY UNDERLYING COMBINED RATIO 91.6 PERCENT VERSUS 92.4 PERCENT.  Full Article

Travelers says CEO Schnitzer's 2018 Total Compensation Was $14.6 Mln
Friday, 5 Apr 2019 

April 5 (Reuters) - Travelers Companies Inc ::TRAVELERS COMPANIES INC - CEO ALAN SCHNITZER'S 2018 TOTAL COMPENSATION WAS $14.6 MILLION VERSUS $15.2 MILLION IN 2017 - SEC FILING.TRAVELERS COMPANIES INC SAYS VICE CHAIRMAN AND FORMER CFO JAY S. BENET'S 2018 TOTAL COMPENSATION WAS $5.9 MILLION VERSUS $6.4 MILLION IN 2017.TRAVELERS COMPANIES INC - CHIEF INVESTMENT OFFICER WILLIAM HEYMAN'S 2018 TOTAL COMPENSATION WAS $6.62 MILLION VERSUS $6.64 MILLION IN 2017 - SEC FILING.TRAVELERS COMPANIES INC - CHIEF LEGAL OFFICER AVROHOM KESS' 2018 TOTAL COMPENSATION WAS $6 MILLION VERSUS $5.9 MILLION IN 2017 - SEC FILING.TRAVELERS COMPANIES INC - FOR 2018, RATIO OF ANNUAL TOTAL COMPENSATION OF CEO TO MEDIAN OF ANNUAL TOTAL COMPENSATION OF ALL EMPLOYEES WAS 154 TO 1.TRAVELERS COMPANIES INC - NOMINATED 10 DIRECTORS FOR RE-ELECTION TO THE BOARD AT ANNUAL MEETING.TRAVELERS COMPANIES INC - JOHN DASBURG, KENNETH DUBERSTEIN WILL RETIRE FROM BOARD EFFECTIVE AS OF ANNUAL MEETING.  Full Article

Travelers says is slowing new California business due to wildfires - conf call
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - Travelers Companies Inc ::EXEC SAYS WILL SEEK COMMERCIAL AUTO INSURANCE RATE INCREASES - CONF CALL (INSERTS DROPPED WORD "AUTO").EXEC SAYS 2019 FIXED INCOME NET INTEREST INCOME TO RISE BY $20 MILLION TO $25 MILLION PER QUARTER COMPARED TO 2018 YEAR-AGO QUARTERS - CONF CALL.EXEC SAYS UNDERLYING COMBINED RATIO WILL BE LOWER IN 2019 THAN 2018 - CONF CALL.EXPECTS BUSINESS INSURANCE UNDERLYING COMBINED RATIO TO IMPROVE BETWEEN Q2 AND Q4 OF 2019 - CONF CALL.EXPECTS 2019 BOND & SPECIALTY NET WRITTEN PREMIUMS TO BE SLIGHTLY HIGHER THAN IN 2018 - CONF CALL.EXEC SAYS SEEKING RATE INCREASES FROM CALIFORNIA INSURANCE REGULATOR DUE TO WILDFIRE RISK - CONF CALL.EXEC SAYS NOT RENEWING SOME CALIFORNIA COVERAGE DUE TO WILDFIRE RISK - CONF CALL.EXEC SAYS COMPANY IS SLOWING NEW BUSINESS UNDERWRITING IN CALIFORNIA DUE TO WILDFIRE RISK - CONF CALL.  Full Article

Travelers Companies Quarterly Core Earnings $2.13 Per Share
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - Travelers Companies Inc ::QUARTERLY CORE EARNINGS PER SHARE $2.13.QUARTERLY EARNINGS PER SHARE $2.32.QUARTER-END BOOK VALUE PER SHARE $86.84, DOWN 1 PERCENT FROM YEAR-END 2017.QUARTERLY TOTAL REVENUE $7.80 BILLION VERSUS $7.45 BILLION.QUARTERLY COMBINED RATIO 97.5 PERCENT VERSUS 95.5 PERCENT.QUARTERLY NET WRITTEN PREMIUMS $6.69 BILLION, UP 4 PERCENT.QUARTERLY CATASTROPHE LOSSES $610 MILLION PRE-TAX INCREASED FROM $499 MILLION PRE-TAX.QUARTERLY NET INVESTMENT INCOME $630 MILLION PRE-TAX VERSUS $601 MILLION.QUARTERLY CORE INCOME BENEFITED FROM A LOWER U.S. CORPORATE INCOME TAX RATE.Q4 CORE INCOME & CORE RETURN ON EQUITY IMPACTED BY HIGH CATASTROPHE LOSSES FROM CALIFORNIA WILDFIRES & HURRICANE MICHAEL.Q4 EARNINGS PER SHARE VIEW $2.05, REVENUE VIEW $6.74 BILLION -- REFINITIV IBES DATA.QUARTERLY CATASTROPHE LOSSES INCLUDED $453 MILLION PRE-TAX FROM WILDFIRES IN CALIFORNIA, $158 MILLION PRE-TAX FROM HURRICANE MICHAEL.  Full Article

Berkshire Hathaway Takes Stake In JPMorgan, Oracle; Exits Walmart
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - Berkshire Hathaway Inc ::BERKSHIRE HATHAWAY INC TAKES SHARE STAKE IN JPMORGAN- SEC FILING.BERKSHIRE HATHAWAY INC TAKES SHARE STAKE IN ORACLE - SEC FILING.BERKSHIRE HATHAWAY INC TAKES SHARE STAKE IN TRAVELERS COMPANIES INC - SEC FILING.BERKSHIRE HATHAWAY INC DISSOLVES SHARE STAKE IN WALMART - SEC FILING.BERKSHIRE HATHAWAY INC DISSOLVES SHARE STAKE OF SPONSORED ADR IN SANOFI - SEC FILING.BERKSHIRE HATHAWAY INC UPS SHARE STAKE IN U.S. BANCORP BY 24.1 PERCENT TO 124.9 MILLION SHARES.BERKSHIRE HATHAWAY INC UPS SHARE STAKE IN BANK OF NEW YORK MELLON BY 20.1 PERCENT TO 77.8 MILLION SHARES.BERKSHIRE HATHAWAY INC TAKES SHARE STAKE IN JPMORGAN OF 35.7 MILLION SHARES - SEC FILING.BERKSHIRE HATHAWAY INC TAKES SHARE STAKE IN ORACLE OF 41.4 MILLION SHARES.BERKSHIRE HATHAWAY INC TAKES SHARE STAKE IN TRAVELERS COMPANIES INC OF 3.5 MILLION SHARES.CHANGE IN HOLDINGS ARE AS OF SEPTEMBER 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF JUNE 30, 2018.  Full Article

Travelers Names Mojgan Lefebvre Chief Information Officer
Tuesday, 11 Sep 2018 

Sept 11 (Reuters) - Travelers Companies Inc ::TRAVELERS NAMES MOJGAN LEFEBVRE CHIEF INFORMATION OFFICER.TRAVELERS COMPANIES INC - MOJGAN LEFEBVRE SUCCEEDS MADELYN LANKTON.  Full Article

Travelers Companies Says CEO Alan Schnitzer's 2017 Total Compensation Was $15.2 Mln
Friday, 6 Apr 2018 

April 6 (Reuters) - Travelers Companies Inc ::TRAVELERS COMPANIES SAYS CHAIRMAN & CEO ALAN SCHNITZER'S FY 2017 TOTAL COMPENSATION WAS $15.2 MLN VS $11.6 MLN IN FY 2016 - SEC FILING .COO BRIAN MACLEAN'S 2017 TOTAL COMPENSATION WAS $8.1 MILLION VERSUS $10.1 MILLION IN 2016.TRAVELERS COMPANIES SAYS CFO JAY BENET'S FY 2017 TOTAL COMPENSATION WAS $6.4 MLN VS $6.6 MLN IN FY 2016 - SEC FILING.  Full Article

Travelers Companies Reports Qtrly Core EPS of $2.28
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Travelers Companies Inc ::TRAVELERS COMPANIES QTRLY CORE EARNINGS PER SHARE $2.28; QTRLY EARNINGS PER SHARE $1.98; QTRLY TOTAL REVENUE $7.45 BILLION VERSUS $7.19 BILLION.Q4 EARNINGS PER SHARE VIEW $1.51, REVENUE VIEW $6.27 BILLION -- THOMSON REUTERS I/B/E/S.SAYS NET INCOME IN QUARTER INCLUDED A CHARGE OF $129 MILLION RELATED TO NEW TAX LAW.SAYS QTRLY NET INCOME & CORE INCOME INCLUDED $499 MILLION PRE-TAX ($324 MILLION AFTER-TAX) OF CATASTROPHE LOSSES.TRAVELERS COMPANIES ‍​QTRLY NET WRITTEN PREMIUMS $6.42 BILLION VERSUS $6.06 BILLION.SAYS AT QUARTER-END, BOOK VALUE PER SHARE OF $87.46 & ADJUSTED BOOK VALUE PER SHARE OF $83.36.SAYS QTRLY CATASTROPHE LOSSES, NET OF REINSURANCE WERE $499 MILLION VERSUS $137 MILLION.SAYS QTRLY NET INVESTMENT INCOME OF $601 MILLION PRE-TAX VERSUS $627 MLN‍.SAYS QTRLY COMBINED RATIO 95.5 PERCENT VERSUS 90.0 PERCENT.SAYS BOARD DECLARED A QUARTERLY DIVIDEND OF $0.72 PER SHARE.SAYS CATASTROPHE LOSSES IN QUARTER INCLUDED $656 MILLION PRE-TAX ARISING OUT OF WILDFIRES IN CALIFORNIA.  Full Article

Travelers Appoints Nick Rnjak To Lead Lloyd’S Platform
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Travelers Companies Inc ::TRAVELERS APPOINTS NICK RNJAK TO LEAD LLOYD’S PLATFORM.TRAVELERS EUROPE - ‍TRAVELERS EUROPE ANNOUNCED IT HAS APPOINTED NICK RNJAK TO LEAD TRAVELERS SYNDICATE MANAGEMENT LIMITED​.  Full Article

Change in New York State law to usher in 'tidal wave' of child sex abuse lawsuits

Aug 1 Thousands of child sexual abuse lawsuits are expected to flow into New York State courts in the coming weeks exposing decades-old misconduct at schools, hospitals, churches and youth clubs, according to lawyers for victims.