Travelers Q3 Net Income $1.917 Billion, Core EPS $9.18, Combined Ratio Improves to 86.8%
NEW YORK — The Travelers Companies, Inc. (NYSE: TRV) reported third-quarter 2026 results on October 16. Net income was $1.917 billion, compared with $1.888 billion a year earlier, and diluted earnings per share were $9.04, up from $8.24. Core income rose to $1.947 billion from $1.867 billion, or $9.18 per diluted share, compared with $8.14 a year earlier.
The consolidated combined ratio improved 0.5 points to 86.8%, and the underlying combined ratio was 84.1%. Catastrophe losses were $538 million pre-tax, up from $402 million a year earlier, primarily from severe wind and hail storms in multiple states, while net favorable prior-year reserve development across the three segments totaled $234 million pre-tax. Net written premiums were $11.480 billion, roughly flat versus the prior-year quarter, which had included $240 million related to the Canadian operations the company divested in the first quarter of 2026.
Pretax net investment income reached a record $1.098 billion, up 6%. Travelers returned $1.769 billion to shareholders in the quarter, including $1.508 billion of share repurchases. Core return on equity was 22.1%. Chairman and Chief Executive Officer Alan Schnitzer said it was another in a run of successful quarters for the company.
Published by GSM · USA (original Chinese edition)
Photo: 旅行者保险公司资料图（Wikimedia Commons） / Travelers company image (Wikimedia Commons)
