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Travelers Companies Inc (TRV)

TRV on New York Consolidated

122.18USD
25 Sep 2017
Change (% chg)

$0.14 (+0.11%)
Prev Close
$122.04
Open
$121.96
Day's High
$122.72
Day's Low
$121.55
Volume
230,241
Avg. Vol
1,532,747
52-wk High
$130.37
52-wk Low
$103.45

Latest Key Developments (Source: Significant Developments)

Travelers estimates pre-tax loss in range of $375 mln - $750 mln related to Hurricane Harvey
Monday, 11 Sep 2017 07:30pm EDT 

Sept 11 (Reuters) - Travelers Companies Inc - :Travelers estimates range of catastrophe losses from Hurricane Harvey.Travelers estimates range of catastrophe losses from Hurricane Harvey.Estimates its losses relating to Hurricane Harvey, will be in range of $375 million to $750 million pre-tax.  Full Article

Travelers completes acquisition of UK-based Simply Business
Friday, 4 Aug 2017 04:05pm EDT 

Aug 4 (Reuters) - Travelers Companies Inc ::Travelers completes acquisition of UK-based Simply Business.  Full Article

Travelers CEO Alan Schnitzer elected chairman of board
Wednesday, 2 Aug 2017 08:00am EDT 

Aug 2 (Reuters) - Travelers Companies Inc ::Travelers CEO Alan D. Schnitzer elected chairman of board of directors.Travelers Companies Inc - ‍John H. Dasburg to serve as independent lead director; Clarence Otis, Jr. joins board​.Travelers Companies Inc - ‍unanimously elected Alan D. Schnitzer, company's chief executive officer, as its next chairman, effective immediately​.Travelers Companies Inc - Schnitzer succeeds John H. Dasburg​.Travelers Companies Inc - ‍elected Clarence Otis, Jr. to board of directors, effective immediately, increasing number of directors from 12 to 13​.  Full Article

Travelers Companies Q2 earnings of $2.11 per share
Thursday, 20 Jul 2017 06:57am EDT 

July 20 (Reuters) - Travelers Companies Inc :Q2 earnings per share $2.11; Q2 core earnings per share $1.92.Says Q2 total revenue $7,184 million versus $6,785 million last year.Q2 earnings per share view $2.11, revenue view $6.56 billion -- Thomson Reuters I/B/E/S.Says Q2 net written premiums $6,640 million versus $6,345 million last year.Says Q2 combined ratio 96.7 percent versus. 93.1 percent last year.Says book value per share at quarter-end $86.46 versus $84.51 at Q1-end.Says adjusted book value per share at quarter-end $82.71 versus $81.56 at Q1-end.Says Q2 pre-tax net investment income $598 million versus $549 million last year.Says Q2 underwriting gain $173 million versus $388 million last year.Says Q2 catastrophe losses, net of reinsurance $403 million versus $333 million last year.says Q2 core income and core return on equity impacted by high levels of catastrophe and non catastrophe weather-related losses.  Full Article

FINRA says William H. Heyman elected Chairman of FINRA board of governors
Thursday, 29 Jun 2017 12:00pm EDT 

June 29 (Reuters) - FINRA :William H. Heyman elected Chairman of FINRA board of governors.William H. Heyman succeeds John J. "Jack" Brennan.Heyman's appointment as chairman of FINRA board of governors effective July 18.William Heyman is currently Vice Chairman and Chief Investment Officer of Travelers Companies Inc.  Full Article

Travelers results reported in 3 business segments, effective April 1
Tuesday, 20 Jun 2017 07:10am EDT 

June 20 (Reuters) - Travelers Companies Inc ::Travelers Companies -effective April 1 co’s results reported in 3 business segments, business insurance, bond & specialty insurance, personal insurance.Travelers Companies - revised names and descriptions of certain businesses comprising company’s segments and reflected other related changes- SEC filing.Travelers Companies Inc - reclassifications impacted the presentation of certain historical segment data.Travelers Companies - reclassification of historical segment information has no effect on co’s previously reported consolidated results of operations.  Full Article

Travelers to redeem certain debentures
Wednesday, 3 May 2017 04:15pm EDT 

May 3 (Reuters) - Travelers Companies Inc :Travelers Companies - will redeem remaining $106.9 million aggregate principal amount of 6.25% fixed-to-floating rate junior subordinated debentures due 2067.  Full Article

Travelers Companies reports Q1 earnings of $2.17 per share
Thursday, 20 Apr 2017 06:57am EDT 

April 20 (Reuters) - Travelers Companies Inc :Q1 earnings per share $2.17; Q1 core earnings per share $2.16.Q1 total revenue $6.94 billion versus $6.69 billion last year.Q1 earnings per share view $2.35, revenue view $6.32 billion -- Thomson Reuters I/B/E/S.Q1 net written premiums $6,495 million versus $6,166 million last year.Book value per share at quarter-end $84.51 versus $83.05 at Q4-end.Adjusted book value per share at quarter-end $81.56 versus $80.44 at Q4-end.Q1 combined ratio 96.0 percent versus 92.3 percent last year.Q1 pre-tax net investment income $610 million versus $544 million last year.Q1 pre-tax underwriting gain $211 million versus $428 million last year.Q1 pre-tax catastrophe losses, net of reinsurance $347 million versus $318 million last year.Board of directors declares 7.5% increase in the company's regular quarterly cash dividend to $0.72 per share.Authorizes an additional $5.0 billion of share repurchases.  Full Article

Travelers Companies says CEO Alan Schnitzer's 2016 total compensation was $11.6 million
Friday, 31 Mar 2017 12:12pm EDT 

Travelers Companies Inc : CEO Alan Schnitzer's 2016 total compensation was $11.6 million versus $6.9 million in 2015 - SEC filing . COO Brian Maclean's FY 2016 total compensation was $10.1 million versus $8.6 million in FY 2015 . CFO Jay S. Benet's total compensation in 2016 was $6.6 million versus $6.7 million in 2015 .Former Executive Chairman of the Board Jay Fishman's total compensation for 2016 $17.8 million versus $20 million in 2015.  Full Article

Travelers sees higher Q1 loss reserves on discount rate change
Monday, 20 Mar 2017 08:00am EDT 

Travelers Companies Inc - : Expects to record increase to prior year loss reserves of approximately $62 million pre-tax in Q1 2017 operating results . Expects that any impact to its future operating results as a result of this change will be insignificant .Impacts are related result of change in discount rate.  Full Article

BRIEF-Travelers Companies introduces ZoneCheckSM to help contractors spot potential for vibration damage

* Travelers Companies Inc - co introduces ZoneCheck (SM), online tool to help contractors spot potential for vibration damage Source text for Eikon: Further company coverage: