secwatch.observer — SEC 8-K summary
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Issuer:     TRAVELERS COMPANIES, INC. (TRV)
CIK:        0000086312
Form:       8-K
Filed at:   2022-10-19T23:59:59+00:00
Accession:  0000086312-22-000064
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Travelers Q3 net income down 31% to $454M; record premiums up 10% despite Hurricane Ian
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- Q3 net income $454M ($1.89/diluted) vs $662M ($2.62) prior year; core income $526M ($2.20) down 20%.
- Combined ratio 98.2% (92.5% underlying); catastrophe losses $512M pre-tax from Hurricane Ian and other storms.
- Record net written premiums $9.198B (+10% YoY); Business Insurance +9%, Bond & Specialty +8%, Personal +13%.
- Net investment income $593M pre-tax, down 23% due to lower private equity returns.
- Book value per share $84.94 (-27% YoY); adjusted book value $111.90 (+7%); $722M returned to shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/86312/000008631222000064/0000086312-22-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/86312/000008631222000064/trv-20221019.htm
  HTML page:      https://secwatch.observer/filing/0000086312-22-000064

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