Travelers Companies Inc.

Strong Financial Performance Despite Catastrophe Losses: The Travelers Companies reported a core income of $443 million ($1.91 per diluted share) for Q1 2025, showcasing robust underlying performance that more than offset $1.7 billion in catastrophe losses from California wildfires. The company achieved a core return on equity of 14.5% over the past year, indicating healthy financial stability.

Improvement in Underlying Underwriting Income: The underwriting income rose to $1.6 billion, up over 30% from the prior year, with a consolidated underlying combined ratio improving by 2.9 points to an excellent 84.8%. All three business segments contributed positively, indicating strong operational efficiency and disciplined underwriting practices.

Capital Management and Shareholder Returns: The company returned nearly $600 million to shareholders in Q1, including $358 million in share repurchases, while also announcing a 5% increase in the quarterly cash dividend to $1.10 per share. This marked the 21st consecutive year of dividend increases, reflecting strong confidence in cash flow generation.