April 23, 2013 / 11:11 AM / in 5 years

Travelers posts higher first-quarter profit, raises dividend

(Reuters) - U.S. insurer Travelers Cos Inc (TRV.N) posted a higher first-quarter profit, helped by a decline in natural disaster losses and rising insurance rates.

Travelers also raised its quarterly dividend to 50 cents per share from 46 cents per share.

    The company’s first-quarter net profit rose to $896 million, or $2.33 per share, from $806 million, or $2.02 per share, a year earlier.

    On an operating basis, Travelers earned $2.31 per share.

    Reporting by Aman Shah in Bangalore; Editing by Roshni Menon

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below