News: Travelers Companies Inc (TRV.N)

TRV.N on New York Stock Exchange

101.77USD
6 May 2015
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$-0.28 (-0.27%)
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Tue, Apr 21 2015

Travelers profit misses estimates as investment income falls

- Property and casualty insurer Travelers Cos Inc's quarterly net profit fell 21 percent, narrowly missing analysts' estimates, as low interest rates and a drop in value of its energy investments squeezed the company's net investment income.

UPDATE 2-Travelers profit misses estimates as investment income falls

* Shares fall about 3 pct (Adds analyst comment, compares with estimates; updates shares)

Travelers profit falls 21 pct on lower investment returns

April 21 - Property and casualty insurer Travelers Cos Inc reported a 21 percent fall in quarterly net profit, largely due to lower net investment income.

UPDATE 1-What to Watch in the Week Ahead and on Monday, April 20

A slew of Dow 30 companies report results in the week: Chemicals conglomerate DuPont, industrial conglomerate United Technologies Corp, property and casualty insurer Travelers Companies Inc and wireless carrier Verizon Communications Inc on Tuesday; McDonald's Corp, AT&T Inc, Boeing Co and Coca-Cola Co on Wednesday; and diversified manufacturer 3M Co, Procter & Gamble and Microsoft Corp on Thursday. While DuPont is expected to report lower first-quarter results, Travelers Companies Inc's first-q

Travelers profit rises as underwriting gains jump

- Property and casualty insurer Travelers Cos Inc reported a 5 percent rise in quarterly net profit, helped by higher underwriting gains and lower losses from natural disasters.

UPDATE 1-Travelers profit rises as underwriting gains jump

Jan 22 - Property and casualty insurer Travelers Cos Inc reported a 5 percent rise in quarterly net profit, helped by higher underwriting gains and lower losses from natural disasters.

Travelers profit rises on lower catastrophe losses

Jan 22 - Property and casualty insurer Travelers Cos Inc reported a 5 percent rise in quarterly net profit, helped by lower weather-related catastrophe losses.

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