Travelers reveals Q4 profit jump
Travelers | January 22, 2019
Property and casualty insurance giant, The TravelersCompanies, Inc. has today reported a net income of $621 million for the fourth-quarter (Q4) of 2018, jumping 17% from its $551 million total a year earlier. The insurer reported net written premiums of $6.691 billion, up 4% from the prior year, and contributing to record full year net written premiums of $27.708 billion, up 6%. According to a company release, “both periods reflect growth in all segments.”