Travelers News
Travelers Estimates Drop in Q4 Income on Winter Storm Losses
Travelers Companies released an estimate of $459 million in pre-tax catastrophe losses during the fourth quarter and expects to report net income of $819 million for the ...
Insurers Challenge Boy Scouts $2.5B Bankruptcy Approval Alleging Abuse
A group of insurers—including subsidiaries of AIG, Liberty Mutual, Allianz, Sompo International, and Travelers—are challenging an approval of the Boy Scouts of America's $2.46 billion bankruptcy ...
Travelers CEO on Signs of Recession: ‘Not Yet’
With inflationary effects still hitting the books of property/casualty insurers, including Travelers, analysts are worrying about the next macroeconomic shoe to drop—a recession. But the leader of ...
Insurers Brace for SEC Climate Risk Disclosure Rules
For U.S. property/casualty insurance carriers, the landmark proposal by the U.S. Securities and Exchange Commission (SEC) on the disclosure of climate-related risks and greenhouse gas emissions (GHG) ...
Midyear Update 2022: Transitions
The theme of transitions is a fitting one, which ties together many of the articles in Carrier Management's midyear digital magazine. We're publishing soon after the start of summer, and the weather ...
35% of Workplace Injuries Occur During First Year: Travelers
A new study by Travelers of workers compensation claims found that 35 percent of injuries occur during employees' first year on the job, regardless of age or industry experience. "Our data ...
Travelers CEO Schnitzer: Loss Costs ‘Challenging as Ever to Predict’
In the words of its CEO, there's a "fair amount to pay attention to" from the first-quarter earnings call of Travelers, as the P/C insurer grew net written premiums 11 percent to a record $8.4 ...
Travelers’ Profit Up 48% in Q1
Travelers Companies Inc. reported a 48 percent jump in quarterly profit that beat analysts' estimates, as lower catastrophe-related claims cushioned a hit from investment losses. The company's core ...