Tag: Catastrophe Losses

Travelers Companies Inc (NYSE:TRV) announced a mixed first-quarter financial report, with earnings below analysts' expectations. Core income per share rose to $4.69 from $4.11 a year ago, below the consensus estimate of $4.90. Net income per share increased to $4.80 from $4.13 a year ago. The company's stock price fell after the release of the financial results. The New York-based company provides auto, home and commercial property casualty insurance. In the first quarter, net written premiums increased 8% to $10.18 billion, while total revenues increased to $160 million from $150 million in the same period last year.