The Travelers Companies reported net income of $1.92 billion for the third quarter of 2026, compared with $1.89 billion during the same period last year, supported by strong underwriting results and higher investment income.
The property and casualty insurer reported core income of $1.95 billion, up from $1.87 billion in the third quarter of 2025.
Travelers’ consolidated combined ratio improved to 86.8%, compared with 87.3% a year earlier. Its underlying combined ratio was 84.1%, reflecting continued underwriting profitability.
The company generated $11.48 billion in net written premiums during the quarter, while pretax underwriting income reached $1.43 billion.
Net investment income increased to a record $1.10 billion before taxes, or $908 million after taxes.
Alan Schnitzer, chairman and CEO of Travelers, attributed the results to strong underwriting performance across the company’s three business segments and continued growth in investment income.
In Business Insurance, net written premiums reached $5.9 billion, increasing 4% from the prior-year quarter after adjusting for the sale of the company’s Canadian operations. Renewal premium changes averaged 4.1%, while customer retention remained strong at 86%.
The Bond & Specialty Insurance segment reported $1.2 billion in net written premiums, an increase of 12%. The segment benefited from continued growth in management liability and surety insurance, with surety premiums increasing 21%.
Personal Insurance generated $4.4 billion in net written premiums, with continued customer retention in auto and homeowners insurance.
Despite the strong overall results, catastrophe losses increased to $538 million before taxes, compared with $402 million in the third quarter of 2025.
For the first nine months of 2026, Travelers reported net income of $5.84 billion, up from $3.79 billion during the same period last year.
The company also returned approximately $1.77 billion to shareholders during the third quarter, including $1.51 billion through share repurchases.
Travelers said its underwriting performance, investment income and financial position provide a strong foundation heading into the final quarter of 2026 and into 2027.
Information for this article was provided by The Travelers Companies, Inc. Views and claims expressed in this article are those of the source company and do not necessarily reflect the views of AgencyEquity.com. This article may have been edited with the help of AI.
