By Nicholas G. Miller
Travelers reported higher fourth-quarter profit boosted by underwriting gains and lower catastrophe losses.
The insurance company reported net income of $2.5 billion, or $11.06 a share, up from $2.08 billion, or $8.96 a share, the year prior.
Core earnings were $11.13 a share. Analysts polled by FactSet expected $8.80 a share.
Revenue rose 4% to $12.43 billion, beating Wall Street's forecast of $11.01 billion. Net written premiums rose 1% to $10.86 billion.
The company said its profit was boosted by underlying underwriting gains, net favorable reserve development and lower catastrophe losses, which fell to $95 million from $175 million the year before.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
January 21, 2026 07:18 ET (12:18 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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