---
schema_version: "secwatch.filing_event.v1"
accession: "0000086312-26-000008"
form_type: "8-K"
ticker: "TRV"
cik: "0000086312"
company_name: "TRAVELERS COMPANIES, INC."
filed_at: "2026-01-21T23:59:59+00:00"
generated_at: "2026-05-16T09:25:19.205662+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Travelers Q4 net income $2.496B, EPS $11.06, up 23% YoY; combined ratio 80.2%

## Summary
- Net income per diluted share $11.06 (up 23%), core income $11.13 (up 22%).
- Consolidated combined ratio improved 3.0 pts to 80.2%; underlying combined ratio improved 1.8 pts to 82.2%.
- Net written premiums $10.856B (up 1%); after-tax net investment income $867M (up 10%).
- Board authorized additional $5.0B share repurchases; Q4 returned $1.897B to shareholders.
- Book value per share up 23% to $151.21; adjusted book value per share up 14% to $158.01.

## SEC filing metadata
- accession: 0000086312-26-000008
- form_type: 8-K
- ticker: TRV
- cik: 0000086312
- company_name: TRAVELERS COMPANIES, INC.
- filed_at: 2026-01-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/86312/000008631226000008/0000086312-26-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/86312/000008631226000008/trv-20260121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000086312-26-000008
- JSON: https://secwatch.observer/filing/0000086312-26-000008.json
- Plain text: https://secwatch.observer/filing/0000086312-26-000008.txt

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