Merged St. Paul Travelers Reports Q1 Results

NU Online News Service, April 30, 2:00 p.m. EDT? The recently merged St. Paul Travelers Companies Inc. reported its quarterly results as a combined corporation for the first time, posting improved net profit from both Travelers and St. Paul operations.[@@]

However, Travelers operations appear to have stronger overall results in the earnings report, while St. Paul operations recorded declining operating income, year-over-year, even though its net income rose thanks to realized investment gains.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.