Travelers (TRV) Tops Q1 EPS by 9c, Revenues Beat
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Travelers Reports Strong First Quarter 2019 Net Income per Diluted Share of $2.99, up 24%, and Return on Equity of 13.5%
April 18, 2019 6:57 AM EDTFirst Quarter 2019 Core Income per Diluted Share of $2.83, up 15%, and Core Return on Equity of 13.0%
Board of Directors Declares 6.5% Increase in Regular Quarterly Cash Dividend to $0.82 per Share
First quarter net income of $796 million and core income of $755 million, up 19% and 11%, respectively. Consolidated combined ratio of 93.7%; underlying combined ratio of 91.6%. Record gross written premiums of $7.839 billion up 6%, with growth in all segments; net written premiums of $7.057 billion up 3%; growth in net written premiums reflects a new catastrophe reinsurance treaty.... More