earnings
confidence high
sentiment negative
materiality 0.75
Travelers Q2 net income $551M ($2.27 EPS) down 41% YoY; core EPS $2.57
TRAVELERS COMPANIES, INC.
2022-Q2 EPS reported
$6.43
revenue$17,945,000,000
- Net income $551M vs $934M prior year; core income $625M ($2.57 per diluted share) down 29%.
- Record net written premiums $9.02B, up 11% YoY, with double-digit growth in all three segments.
- Combined ratio 98.3% (up 3.0 pts); underlying combined ratio 92.8% (up 1.4 pts); catastrophe losses $746M pre-tax.
- Book value per share $96.39, down 18% YoY; adjusted book value $112.37, up 8% YoY.
- Returned $725M to shareholders, including $500M in share repurchases; declared $0.93 dividend.