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Travelers: EPS up 31% in Q4
(CercleFinance.com) - Travelers reports Q4 2024 'core' EPS of $9.
15, up 31% year-on-year, representing a return on equity (RoE) of 27.7% versus 24% a year earlier. The insurer explains that a higher underlying underwriting gain, increased net investment income and favorable prior-year net reserve development more than offset an increase in catastrophe losses. Net written premiums increased by 9% to $10.9bn, and the combined ratio improved by 2.6 points to 83.2%, thanks to very good underlying profitability and an increase in favorable prior-year net reserve development. Copyright (c) 2025 CercleFinance.com. All rights reserved. |
23/05/2025 17:40
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