Travelers Insurance reported first-quarter net income increased 8 percent to $1.09 billion, or $1.56 per share, compared with $1.01 billion, or $1.41 per share in the same period last year.

Net earned premiums for the quarter for the St. Paul, Minn.-based company, formerly known as St. Paul Travelers, rose 6 percent to $5.3 billion, primarily driven by strong retention rates, lower ceded premiums and growth in new business volume, the company said in an earnings statement.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.