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Travelers Q2 profit rises on lower catastrophe losses and surety growth
The insurer reported a lower combined ratio of 83.6%, while bond and specialty underwriting benefited from 40% surety growth tied to large construction activity.
Travelers Companies posted Q2 2026 net income of $2.208 billion, or $10.26 per diluted share, up from $1.509 billion, or $6.53 per share, a year earlier, with Insurance Business attributing much of the improvement to lower catastrophe losses across the US P&C industry. The results also highlighted segment momentum. Core income increased to $2.160 billion, or $10.04 per diluted share, and Travelers said its Bond and Specialty Insurance unit delivered surety growth of 40%, driven by activity on large construction projects. Insurance Business reported that Travelers improved its combined ratio to 83.6% from 90.3%, with the underlying combined ratio edging down to 84.1% from 84.7%. Net investment income rose 14% to $1.070 billion pre-tax, supported by higher yields and growth in average invested assets, while net written premiums were roughly flat at $11.529 billion after Travelers excluded the impact of its Canadian operations divestiture in Q1 2026.
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