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Travelers Companies Inc. - TRV STOCK NEWS

Welcome to our dedicated news page for Travelers Companies (Ticker: TRV), a resource for investors and traders seeking the latest updates and insights on Travelers Companies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Travelers Companies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Travelers Companies's position in the market.

Rhea-AI Summary
Travelers Companies, Inc. reported excellent first quarter results with net income per diluted share up 16% to $4.80 and core income per diluted share up 14% to $4.69. The company declared a 5% increase in quarterly cash dividend to $1.05 per share. Despite an elevated level of catastrophe losses, the company achieved an outstanding combined ratio of 93.9% and an underlying combined ratio of 87.7%. Net written premiums increased by 8% to $10.182 billion, with growth in all three segments. Total capital of $620 million was returned to shareholders, including $388 million of share repurchases. Book value per share increased by 9% to $109.28, and adjusted book value per share increased by 8% to $125.53.
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The Travelers Companies, Inc. (TRV) released the 2024 Travelers Risk Index on distracted driving, revealing a surge in dangerous behaviors post-pandemic. Common distractions like social media use, texting, and cellphone activities have increased significantly, leading to more crashes and near misses. Michael Klein emphasized the urgent need for collective action to enhance road safety.
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The Travelers Companies, Inc. (TRV) announced the recipients of its 2024 Personal Insurance Agent of the Year Award. The honorees were recognized for their customer service, community dedication, commitment to Travelers, and long-term growth. Travelers praised independent agents for safeguarding customers' assets and achieving exceptional results.
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The Travelers Companies, Inc. (TRV) will announce its first quarter 2024 results on April 17, with an investor call and webcast available. Investors can access the call through the company's website or by phone, with replays available for a limited time.
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The Travelers Institute, a division of The Travelers Companies, Inc. (NYSE: TRV), launches Cyber: Prepare, Prevent, Mitigate, Restore® 2024 tour to educate businesses on cyber threats. The 2023 Travelers Risk Index shows high concern among business owners about cybercrime. Proper cybersecurity controls are deemed crucial for business well-being.
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Travelers Companies, Inc. (TRV) announced that its nonpartisan civic engagement employee initiative, Citizen Travelers, received the Connecticut Democracy Center’s Business Leader Award for its dedication to improving civic engagement. The initiative aims to foster democracy through acts of citizenship and service, providing employees with resources and support to engage as informed citizens and shape civic life in their communities.
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The Travelers Companies, Inc. reported record quarterly net income of $1.626 billion and core income of $1.633 billion, driven by underwriting and investment results. The exceptional consolidated combined ratio of 85.8% and underlying combined ratio of 85.9% reflect significant improvement. Net written premiums increased by 13% for the quarter and 14% for the full year. The company returned a total capital of $298 million to shareholders in the quarter and $1.944 billion for the full year. Book value per share increased by 18% over year-end 2022, and adjusted book value per share increased by 8%. The Board of Directors declared a regular cash dividend of $1.00 per share.
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The Travelers Companies, Inc. (TRV) announces its Wednesdays with Woodward winter 2024 schedule, featuring thought leaders discussing topics such as insuring innovation, civic engagement, economic outlook, and insurance fraud in the digital era.
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Travelers Companies, Inc. (NYSE: TRV) announces new financial institutions bond tailored for asset managers, offering expanded coverage for employee theft, third-party criminal activity, and social engineering fraud. The new bond includes nearly 30 endorsements, an expanded definition of employees and insured parties, and extended reporting time for claim activity. It will be available for new customers starting Jan. 1, 2024, and for existing customers up for renewal on April 1, 2024.
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The Travelers Companies, Inc. (NYSE: TRV) has completed the acquisition of Corvus Insurance Holdings, Inc., a leading cyber insurance managing general underwriter. The acquisition is expected to enhance Travelers' cyber capabilities and provide distribution efficiencies to insurance agents and brokers.
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Travelers Companies Inc.

NYSE:TRV

TRV Rankings

TRV Stock Data

50.65B
227.95M
0.24%
84.86%
1.46%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
US
Saint Paul

About TRV

in an uncertain world, travelers is an insurance leader, committed to keeping pace with the ever-changing needs of our customers, and anticipating their needs for the future. there is no stronger testament to our dedication to protecting customers from loss than our continued innovation and ability to transform our industry. in fact, from the first ever auto and space travel policies and hybrid car discount, to the 2009 founding of the travelers institute for public policy, our history of advancements has propelled our company—and our industry—towards ever higher standards for customers. today, more than 150 years after our founding, travelers is one of the nation's largest property casualty companies. a component of the dow jones industrial average, travelers has more than 30,000 employees, 13,000 independent agents and multiple market segments across the personal, business, financial and international insurance groups. travelers has operations in the united states, united kingdom, ca