Travelers reports record Q4 earnings with strategic growth

Travelers Companies Inc. (TRV) reported record-breaking performance for the fourth quarter of 2023

, with exceptional growth in both top and bottom line metrics. The company saw a significant increase in net earned premiums, reaching $10 billion, and achieved a record underlying combined ratio of 85.9%. The strong performance was attributed to robust underwriting and investment results, and the company remains confident in its strategic priorities and future growth opportunities.