Reports Q4 revenue $9.64B, consensus $9.45B. Results reflect "record" net earned premium, consolidated combined ratio of 94.5% and underlying combined ratio of 91.4%; underwriting results in commercial businesses were "exceptional," the company stated.
Published first on TheFly
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- Travelers reports book value per share 92.90, down 22% from year-end 2021
- Travelers initiated with an Outperform at BMO Capital
- Travelers sees Q4 core EPS $3.40, consensus $4.04
- Hartford downgraded at Evercore ISI, more relative upside seen elsewhere
- Travelers upgraded to Outperform from In Line at Evercore ISI
