Travelers News
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Long-Term Thinking and Scale Keys to Travelers Success: CEO Schnitzer
Jun 12 2025 // When an S&P Global Ratings executive asked the leader of Travelers how current challenges like tariff uncertainty, inflation, geopolitical risks influence the insurer’s strategy, Alan Schnitzer delivered an...
Liberty Mutual Settles With Travelers Over New York Subcontractor Coverage
May 30 2025 // Liberty Mutual reported that it has reached a settlement with Travelers Insurance in a case involving a construction firm being sued by a man who was injured when he fell down an elevator shaft on a construction...
Definity’s Travelers Canada Deal Could Prompt Wave of Consolidation, CEO Says
May 29 2025 // Canadian property and casualty insurer Definity Financial’s $2.4 billion purchase of Travelers Cos.’ Canadian business could spur a wave of consolidation in Canada’s insurance sector, its CEO said. The...
Definity Financial to Buy Travelers Cos.’ Canadian Operations for $2.4 Billion
May 28 2025 // Travelers Cos. said on Tuesday it has agreed to sell its Canadian personal insurance business and majority of its commercial insurance operations in the country to Definity Financial in a deal valued at $2.4 billion. The...
Travelers Income Drops 65% on Catastrophe Losses, Primarily California Wildfires
May 5 2025 // The Travelers Cos. said first-quarter 2025 fell 65% on an underwriting loss of $305 million. Travelers posted first-quarter net income of about $395 million compared to about $1.1 billion during Q1 2024. The underwriting...
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