Scott Peters
19 Apr, 2022
New York City
The Travelers Companies, Inc reported first quarter 2022 revenues increased 6% to $8.8 billion, net income soared 39% to $1.02 billion, and earnings per share surged 45% to $4.15 from $2.87 a year ago. Core income jumped 48% to $1.03 billion on lower catastrophe losses partially offset by lower net investment income and lower favorable net reserves in the year ago. Book value per share declined 5% from a year ago to $106.40. Net written premiums in the quarter increased 11% to record $8.4 billion.
