Travelers (TRV) Posts Q3 Net Operating Income of $2.93/Share
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Travelers Reports Third Quarter Net Income per Diluted Share of $2.97, Up 10% from Prior Year Quarter
October 20, 2015 6:57 AM EDTOperating Income per Diluted Share of $2.93, Up 12% from Prior Year Quarter
Third Quarter Return on Equity and Operating Return on Equity of 15.4% and 16.2%, Respectively
Net and operating income of $928 million and $918 million increased 1% and 3%, respectively, from prior year quarter. Consolidated combined ratio of 86.9% reflected strong underwriting results in each business segment. Record net written premiums of $6.191 billion increased 3% from the prior year quarter, with increases in each business segment. Total capital returned to shareholders of $939 million in the quarter, including $750 million... More