Travelers profit jumps on underwriting strength

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Travelers profit jumps on underwriting strength
Brad SmithSeana SmithPremarket Trading
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The Travelers Companies (TRV) reports third quarter earnings, showing increased profits driven by underwriting strength and investment income gains, despite ...

third quarter earnings, showing increased profits driven by underwriting strength and investment income gains, despite a rise in catastrophe losses tied to extreme weather.Let's talk a Little Travellers here this morning reporting a big jump in third quarter profit, boosted by underwriting strength and investment income gains that offset the insurer's catastrophe losses, which were up more than 10% due to Hurricane Helene and severe wind and hail storms across several other states.

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