2024 financial results News

Uncertainty Keeps Prices Up; No Prior-Year Loss Development: Travelers

With its personal lines business benefiting from the impact of rate increases earning into the book, and the commercial lines insurance premium changes staying in double-digits, Travelers reported $1.1 billion in net income for the first quarter. Still, it was …

Marsh McLennan Reports Better Than Expected First Quarter Profit

Marsh McLennan reported a better-than-expected quarterly profit on Thursday, helped by an increase in interest income the insurance brokerage earned from funds held on behalf of clients. The company’s shares rose about 2% to $201 before the bell. The U.S. …

Travelers CEO on Q1 Results: ‘We’re Firing On All Cylinders’ With Net Income Up 16%

The Travelers Companies, Inc. today reported first quarter net income of $1.1 billion, compared to $975 million in the prior year quarter. Core income in the current quarter was up 14% to about $1.1 billion, compared to $970 million in …