Insurer Travelers beats profit estimates despite $2 billion wildfire hit

Dow Jones Insurer Shrugs Off California Wildfires With Blowout Earnings

Dow Jones insurer Travelers crushed Q1 earnings views early Wednesday despite sizable losses from the California wildfires. The post Dow Jones Insurer Shrugs Off California Wildfires With Blowout Earnings appeared first on Investor's Business Daily.

Insurer Travelers beats profit estimates despite $2 billion wildfire hit

(Reuters) -Insurance bellwether Travelers' first-quarter profit exceeded analysts' expectations on Wednesday, as strong underwriting gains helped soften the hit from over $2 billion of catastrophe losses driven by the Los Angeles wildfires.

Travelers Insurance Reports Improved First Quarter Personal Auto Performance as Combined Ratio Declines - CollisionWeek

Travelers Insurance delivered improved results in its personal auto insurance segment for the first quarter of 2025, achieving a combined ratio of 83.4%, a significant 11.2-point improvement from 94.6% in the same period last year. The underlying combined ratio, which excludes catastrophes and prior year reserve development, showed a substantial 7.4-point improvement to 87.5% from …

Travelers sees Q1'25 underwriting loss amid $2.27bn catastrophe bill

Travelers has reported catastrophe losses of $2.266 billion pre-tax for Q1 of 2025, primarily driven by the January California wildfires, leading to an underwriting loss of $305 million for the quarter. Of Travelers’ total catastrophe loss figure in Q1 2025, $1.731 billion pre-tax ($1.368 billion after-tax) was attributed to wildfire losses in Los Angeles, while severe wind and hail storms across multiple states accounted for the remaining amoun…