Quartz·1 min read·medium
Travelers' profit surged as catastrophe losses fell and investment income climbed
✦AI Summary
The Travelers Companies reported a significant increase in second-quarter net income, reaching $2.21 billion. The growth was attributed to lower catastrophe-related losses and a 14% rise in investment income.
The insurer's net income rose to $2.21 billion in the second quarter, driven by a sharp drop in storm-related losses and a 14% gain in investment income
businesseconomy
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in