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      Personal Insurance Weakness Overshadows Travelers Profit Growth

      Travelers Companies, Inc. (NYSE:TRV) shares fell Thursday after the insurer reported first-quarter 2026 results.

      Earnings Details

      Revenue rose 1% year over year to $11.92 billion, topping analyst estimates of $10.63 billion. Adjusted earnings per share came in at $7.71, ahead of the Street's $7.08 estimate.

      Core income surged 283% to $1.70 billion, driven by higher net investment income and lower catastrophe losses.

      Net realized investment gains totaled $49 million pre-tax ($15 million after tax), compared with losses of $61 million pre-tax ($48 million after tax) a year earlier.

      Net investment income increased 8% to $1.008 billion pre-tax, supported by higher average invested assets and improved yields in the long-term fixed-income portfolio.

      Net written premiums declined 2% to $10.34 billion. Net written premiums in the ...

      Full story available on Benzinga.com


      Source: Benzinga
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