Latest news with #AbbeGoldstein
Yahoo
18-03-2025
- Business
- Yahoo
Travelers Schedules Conference Call to Review First Quarter 2025 Results
NEW YORK, March 18, 2025--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) will review its first quarter 2025 results at 9 a.m. ET on Wednesday, April 16, following the release of results earlier that morning. Investors can access the call via webcast at and by dialing 888-440-6281 within the United States or 646-960-0218 outside the United States. A slide presentation, statistical supplement and live audio broadcast will be available on the same website. Following the event, replays will be available via webcast for one year at and by telephone for 30 days by dialing 800-770-2030 within the United States or 647-362-9199 outside the United States. All callers should use conference ID 5449478. About Travelers The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of more than $46 billion in 2024. For more information, visit View source version on Contacts Investors: Abbe Goldstein, 917-778-6825Media: Patrick Linehan, 917-778-6267 Sign in to access your portfolio
Associated Press
11-02-2025
- Business
- Associated Press
Travelers Announces Preliminary Catastrophe Loss Estimate for January 2025 California Wildfires
The Travelers Companies, Inc. (NYSE: TRV) today announced a preliminary estimate of catastrophe losses related to the January 2025 California wildfires. The Company's preliminary estimate of catastrophe losses relating to the January 2025 California wildfires is $1.7 billion pre-tax ($1.3 billion after-tax). The preliminary estimate includes losses from the Company's personal and commercial segments, including the Company's Fidelis quota share, as well as estimated assessments from the California FAIR Plan and recoveries from reinsurance. 'In moments like these, actions speak louder than words,' said Alan Schnitzer, Chairman and Chief Executive Officer. 'As a company deeply embedded in the communities we serve, we are on the ground providing critical resources and support that our customers and neighbors need to recover and rebuild. We also extend our heartfelt appreciation to the first responders and relief organizations working tirelessly to aid those impacted by this tragedy, as well as to our claim professionals, who consistently go above and beyond to uphold the Travelers Promise to our customers and distribution partners.' Forward-Looking Statements All statements in this press release, other than statements of historical facts, are 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. The preliminary estimate discussed above is a forward-looking statement. It is based on an analysis of claims already reported and projected to be reported, estimated values of properties in the affected areas, estimated damage resulting from wildfire and other perils, and other factors requiring significant judgment. As a result of the foregoing and other factors, including the scope and duration of the wildfires, the number of insureds affected, the complexity of factors contributing to the losses and the preliminary nature of the information available to prepare the estimate, future estimates of losses and the actual ultimate amount of losses associated with the wildfires may be materially different from the current estimate. Other factors that could cause actual losses to differ from the current estimate are discussed under the headings 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' in the company's most recent Form 10-K filed with the Securities and Exchange Commission (SEC) on February 15, 2024, as updated by the company's periodic filings with the SEC. The forward-looking statements in this press release speak only as of the date of this press release, and the company undertakes no obligation to update any forward-looking statements. Abbe Goldstein, 917-778-6825Media: Patrick Linehan, 917-778-6267 SOURCE: The Travelers Companies, Inc. Copyright Business Wire 2025. PUB: 02/11/2025 06:45 AM/DISC: 02/11/2025 06:44 AM
