---
schema_version: "secwatch.filing_event.v1"
accession: "0000086312-23-000062"
form_type: "8-K"
ticker: "TRV"
cik: "0000086312"
company_name: "TRAVELERS COMPANIES, INC."
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T22:15:33.480075+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Travelers Q3 core income down 14% to $454M; record net written premiums $10.5B

## Summary
- Core income per diluted share $1.95 (vs $2.20); net income $404M ($1.74 per share).
- Net written premiums up 14% to record $10.5B; growth in all three segments.
- Underlying combined ratio improved 1.9 pts to 90.6%; underlying underwriting income up 43% to $868M pre-tax.
- Catastrophe losses $850M pre-tax (vs $512M); net unfavorable reserves $154M including $284M asbestos addition.
- Net investment income up 30% pre-tax to $769M; quarterly dividend $1.00/share payable Dec 29.

## SEC filing metadata
- accession: 0000086312-23-000062
- form_type: 8-K
- ticker: TRV
- cik: 0000086312
- company_name: TRAVELERS COMPANIES, INC.
- filed_at: 2023-10-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/86312/000008631223000062/0000086312-23-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/86312/000008631223000062/trv-20231018.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000086312-23-000062
- JSON: https://secwatch.observer/filing/0000086312-23-000062.json
- Plain text: https://secwatch.observer/filing/0000086312-23-000062.txt

## Key facts
- Earnings Releases
  TRAVELERS COMPANIES, INC. reported the quarter ended September 30, 2023 results: net income $404 million, EPS $1.74 per diluted share.
  - Period: the quarter ended September 30, 2023
  - Net income: $404 million
  - EPS: $1.74 per diluted share
  - Result: reported results
  source text: Months Ended September 30, Nine Months Ended September 30, 2023 2022 Change 2023 2022 Change Net written premiums $ 10,493 $ 9,198 14 % $ 30,207 $ 26,585 14 % Total revenues $ 10,635 $ 9,303 14 $ 30,437 $ 27,248 12 Net income $ 404 $ 454 (11) $ 1,365 $ 2,023 (33) per diluted share $ 1.74 $ 1.89 (8) $ 5.83 $ 8.34 (30) Core income $ 454 $ 526 (14) $ 1,439 $
  evidence_url: https://www.sec.gov/Archives/edgar/data/86312/000008631223000062/0000086312-23-000062-index.htm
- Earnings Releases
  TRAVELERS COMPANIES, INC. reported the quarter ended September 30, 2023 results: net income $404 million, EPS $1.74 per diluted share.
  - Period: the quarter ended September 30, 2023
  - Net income: $404 million
  - EPS: $1.74 per diluted share
  - Result: reported results
  source text: The Travelers Companies, Inc. today reported net income of $404 million, or $1.74 per diluted share, for the quarter ended September 30, 2023, compared to $454 million, or $1.89 per diluted share, in the prior year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/86312/000008631223000062/0000086312-23-000062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.