Travelers Cos.

• Travelers to Buy The Dominion of Canada General Insurance Co. for $1.1B

  By Staff Writer  |  June 10, 2013

  Travelers says The Dominion and Travelers’ Canadian operations will combine and the organization will remain headquartered in Toronto.

• Travelers Q1 Profit Up 11%; Rate Hikes Outpace Loss Costs

  By Chad Hemenway, PropertyCasualty360.com  |  April 23, 2013

  The Travelers Cos. says first-quarter net income increased 11 percent due to higher underwriting margins and lower catastrophe losses.

• KBW First-Quarter Preview Company-by-Company

  By Phil Gusman, PropertyCasualty360.com  |  April 15, 2013

  Analysts at investment banking firm Keefe, Bruyette & Woods recently released their Q1 earnings preview for the P&C industry. Here's an overview of some of the insurance companies they follow.

• Travelers Q4 Profit Halved by Superstorm Sandy

  By Chad Hemenway, PropertyCasualty360.com  |  January 22, 2013

  The Travelers Cos. says fourth-quarter net income was sliced in half due to losses associated with Superstorm Sandy.

• W.R. Berkley Reports Up to $50M in Sandy Losses

  By Chad Hemenway, PropertyCasualty360.com  |  December 14, 2012

  W.R. Berkley Corp. says it expects between $40 million and $50 million in pretax losses from Superstorm Sandy.

• Sandy Losses in Q4 of $380M for Ace; $95M for Montpelier Re

  By Chad Hemenway, PropertyCasualty360.com  |  December 10, 2012

  Ace says it expects $380 million in fourth-quarter catastrophe losses from Superstorm Sandy, while the storm took a $95 million toll on results for Montpelier Re Holdings.

• Travelers Enhances Business Insurance Product, Travelers Deluxe

  By Staff Writer  |  November 6, 2012

  Travelers has announced improvements to the company’s property insurance product, Travelers Deluxe

• AIG Reports Big Investment Gains, Premium Profits Down

  By Lauren Tara LaCapra, Reuters  |  November 2, 2012

  AIG reports third-quarter profit of $1.9 billion compared to a loss of $3 billion during the same time last year.

• E&S Professionals See Signs of Market Change; Enjoy Rise in Premiums Written

  By Staff Writer  |  April 26, 2012

  Excess and surplus-lines carriers are beginning to see signs of a market change, including a shift in standard-carrier appetite for traditional E&S risks, according to an SNL Financial analysis.

• Connecticut Seeks to Recapture Role as Insurance Capital

  By Stephen Singer, Associated Press  |  February 21, 2012

  Hartford, Conn. is trying to recapture its status as the nation's insurance capital by drawing in a specialized insurance business that is finding a home elsewhere.

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  Coverage Trends in Manufacturing’s “Big 3” Risks: Workers’ Comp, Product Recall and Supply Chains

  By Dave Lenckus  |  February 9, 2012

  With Workers’ Compensation, the big shift is the medical component of costs exceeding indemnity costs. With Supply Chain risk, it’s the realization that supply and upstream customer chains can be far more fragile than anticipated in a catastrophe. And for food processors, the emerging challenge is a food-safety law that...

• Travelers: 4Q Income Down 31%; Business Rates Up Above Loss Trends

  By Chad Hemenway, PropertyCasualty360.com  |  January 24, 2012

  The Travelers Cos. says 2011 fourth-quarter net income fell 31 percent as underwriting gains suffered from lower prior-year favorable reserve development and catastrophe losses.

• EMC Group in Line for $19.3M in 3Q Catastrophe Losses

  By Chad Hemenway, PropertyCasualty360.com  |  October 21, 2011

  EMC Insurance Group Inc. says a record amount of catastrophe losses will negatively impact operating results for the third quarter.

• Private Schools and Universities Face Increase In Rates For Property Coverage

  By Dave Lenckus  |  September 15, 2011

  The risks being taken by students today make football look “blasé,” says Shirl Hedges, underwriting manager for schools at Philadelphia Insurance Cos. On the activity list these days: survival weekends, rock climbing, bronco bull riding and flying to a field-trip destination in a parent’s private airplane.

• Catastrophes Take Their Toll On Insurers’ 2Q Results

  By Chad Hemenway, PropertyCasualty360.com, Phil Gusman, PropertyCasualty360.com  |  July 29, 2011

  The impact of second-quarter catastrophes on insurers is beginning to be seen, as four separate companies cited cat losses as the primary reason for their drop in net income.

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  Travelers Posts $364M Loss for 2Q; Weather Losses Worse Than Katrina

  By Chad Hemenway, PropertyCasualty360.com  |  July 21, 2011

  The Travelers Cos. says it recorded a second-quarter net loss of $364 million, driven by catastrophe losses greater than what the auto, home and business insurer saw from Hurricane Katrina.