travelers cos inc/the (TRV:New York)
travelers cos inc/the (TRV) Snapshot
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Open
$83.56
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Previous Close
$83.63
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Day High
$84.32
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Day Low
$83.27
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52 Week High
04/23/13 - $89.00
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52 Week Low
06/5/12 - $60.08
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Market Cap
31.5B
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Average Volume 10 Days
2.0M
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EPS TTM
$6.51
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Shares Outstanding
376.4M
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EX-Date
06/6/13
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P/E TM
12.9x
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Dividend
$2.00
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Dividend Yield
2.20%
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Related News
travelers cos inc/the (TRV) Related Businessweek News
travelers cos inc/the (TRV) Details
The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. The company operates in three segments: Business Insurance; Financial, Professional, and International Insurance; and Personal Insurance. The Business Insurance segment offers property and casualty products, such as commercial multi-peril, commercial property, general liability, commercial auto, and workers’ compensation insurance. This segment operates in six groups: Select Accounts, which serves small businesses; Commercial Accounts that serves mid-sized businesses; National Accounts, which serves large companies; Industry-Focused Underwriting that serves targeted industries; Target Risk Underwriting, which serves commercial businesses requiring specialized product underwriting, claims handling, and risk management services; and Specialized Distribution that offers products to customers through licensed wholesale, general, and program agents. The Financial, Professional, and International Insurance segment provides surety and financial liability coverage, which uses a credit-based underwriting process; and property and casualty products primarily in the United Kingdom, Canada, and the Republic of Ireland. The Personal Insurance segment offers property and casualty insurance covering personal risks, primarily automobile and homeowners insurance to individuals. The company distributes its products primarily through independent agencies and brokers. The Travelers Companies, Inc. was founded in 1853 and is based in New York, New York.
travelers cos inc/the (TRV) Top Compensated Officers
travelers cos inc/the (TRV) Key Developments
The Travelers Companies, Inc. introduced the new Construction Pak(SM) -- Builders' Risk, an enhanced product which provides broad, tailored coverage in an easy-to-use form. From standard construction to complex undertakings such as highway projects, stadiums and high-rise buildings, the enhanced Builders' Risk coverage offers flexibility tailored to the unique needs of the customer. New features include an extensive definition of covered property; automatic soft costs coverage with an option to tailor; multiple additional coverage extensions, equipment breakdown coverage including full testing and jurisdictional inspections; green building coverage; and replacement cost valuation. Travelers Construction Pak -- Builders' Risk customers benefit from the construction expertise of dedicated Inland Marine underwriters. In addition, customers have access to the extensive Inland Marine Network. This network includes specialists from Risk Control who provide consultations for both specific projects and ongoing operations, a Claim team that includes Builders' Risk specialists with the knowledge and expertise to adjust and settle complex Builders' Risk claims and the Specialty Investigations Group (SIG) which helps with theft prevention and recovery efforts.
The Travelers Companies, Inc. reported earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported operating income of $2.31 per diluted share against 2.01 per diluted share a year ago. Both net and operating income increased 11% from last year's first quarter results to $896 million and $887 million respectively, against $806 million and $801 million a year ago. Return on equity was 14.1% and an operating return on equity of 15.8% against 13.1% and 14.7% a year ago. The company announced that compound annual growth rate in its book value per share has been 9.4% and in earnings per share, it's been 8.6%. Book value per share was $68 or 7% higher than at the end of the prior year quarter and 1% higher than at the beginning of the year. Operating cash flow was approximately $530 million. It was strong despite higher-than-normal claim payment related to Storm Sandy. Net written premiums were $5,597 million against 5,497 million a year ago. Total revenues were $6,328 million against $6,392 a year ago. Income before income taxes was $1,220 million against $1,077 million a year ago. Net income per diluted share was $2.33 against $2.02 a year ago. Adjusted book value per share was $60.39 against $56.53 a year ago.
The Board of Directors of The Travelers Companies, Inc. declared a regular quarterly dividend of $0.50 per share. This dividend, which is $0.04 higher than the last regular quarterly dividend, is payable June 28, 2013, to shareholders of record as of the close of business June 10, 2013.
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Industry Analysis
TRV
Industry Average
| Valuation | TRV | Industry Range |
| Price/Earnings | 13.0x |
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| Price/Sales | 1.3x |
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| Price/Book | 1.3x |
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| Price/Cash Flow | 12.6x |
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| TEV/Sales | 0.9x |
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To contact TRAVELERS COS INC/THE, please visit www.travelers.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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