earnings
confidence high
sentiment positive
materiality 0.85
Travelers reports Q3 2026 net income of $1.917B, EPS $9.04, core EPS $9.18, combined ratio 86.8%
TRAVELERS COMPANIES, INC.
- Q3 2026 net income $1.917B, or $9.04 per diluted share; core income $1.947B, or $9.18 per diluted share, up from $8.14 a year earlier.
- Combined ratio improved to 86.8% and underlying combined ratio was 84.1%; underwriting income $1.432B pre-tax, with $234M net favorable prior year reserve development.
- Net written premiums $11.480B; net investment income a record $1.098B pre-tax ($908M after-tax), up 6%; return on equity 24.7% and core ROE 22.1%.
- Travelers returned $1.769B to shareholders in Q3, including $1.508B of share repurchases at an average price of $376.00; Board declared a $1.25 quarterly dividend.
- Catastrophe losses were $538M pre-tax, mainly severe wind and hail storms; Business Insurance added $295M to asbestos reserves; book value per share fell to $141.48.