Travelers Q3 2024 net income rises to $1.26 billion, or $5.42 per share
Travelers reported third quarter 2024 net income of $1.260 billion, or $5.42 per diluted share, versus $404 million, or $1.74 per share, a year earlier. Core income rose to $1.218 billion, or $5.24 per share, driven by a lower combined ratio and higher investment income, partly offset by higher catastrophe losses.
Key points
- Net income of $1.260 billion, or $5.42 per diluted share, versus $404 million, or $1.74, in Q3 2023
- Combined ratio improved 7.8 points to 93.2%; underlying combined ratio improved 5.0 points to 85.6%
- Catastrophe losses of $939 million pre-tax, compared with $850 million a year earlier
- Repurchased 1.1 million shares for $253 million in the quarter; quarterly dividend of $1.05 per share payable December 31, 2024
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 17, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.