other material
confidence high
sentiment negative
materiality 0.75
Travelers reports 2024 core EPS $21.58 (+64% YoY); warns California wildfires will materially affect Q1 2025
TRAVELERS COMPANIES, INC.
- Full-year 2024 core income $5,025M, up 64% YoY; core EPS $21.58.
- Underlying underwriting income $4,454M; catastrophe losses $2,632M.
- California wildfires in early Jan 2025 expected to have material impact on Q1 2025 earnings.
- Wildfire losses primarily from personal property Pacific Palisades and Eaton Fires; also FAIR Plan assessment & commercial.