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

First-quarter net income was $896 million compared to $806 million a year ago during the same time.

Travelers says rate increases outpaced loss-cost trends in all major segments, with 8 percent increases at renewal in Business Insurance, which includes a rate increases of nearly 10 percent in Commercial accounts.

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

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.