Insurance
Home›Insurance›Industry & Deals›Travelers Q2 2026 net income rises on better underwrit…
Travelers Q2 2026 net income rises on better underwriting and investments
Net written premiums were roughly flat year over year at $11.529 billion, while Travelers cut net catastrophe losses to $518 million and improved its combined ratio to 83.6%.
Travelers Companies reported Q2 2026 net income of $2.208 billion, up $699 million from $1.509 billion in the same quarter last year, driven by higher core income and higher net realized investment gains, according to Reinsurance News.
The insurer said its core income rose to $2.160 billion, up $656 million year over year, helped by lower catastrophe losses, higher net favorable prior year reserve development, higher net investment income, and a higher underlying underwriting gain. By segment, Business Insurance after-tax income increased to $1.198 billion, Personal Insurance rose to $827 million, and Bond & Specialty Insurance fell to $234 million.
Travelers also highlighted underwriting improvement, with its underwriting gain increasing to $1.738 billion from $1.022 billion a year earlier, supported by $578 million of net favorable prior year reserve development versus $315 million in Q2 2025. Net catastrophe losses, net of reinsurance, fell to $518 million from $927 million, and net investment income increased by $128 million to $1.070 billion.
Reflecting the strengthened underwriting performance, Travelers improved its combined ratio by 6.7 percentage points to 83.6% in Q2 2026 from 90.3% a year earlier. Total net written premiums were relatively flat at $11.529 billion versus $11.543 billion, with Business Insurance premiums up 3% to $5.984 billion, Bond & Specialty Insurance up 14% to $1.237 billion, and Personal Insurance down 8% to $4.308 billion.