Travelers Stock Jumps as Higher Premiums Drive Better-than-Estimated Results

Core Insights - Shares in The Travelers Companies (TRV) increased due to higher-than-expected quarterly results driven by increased premiums [1][4] - The company reported fourth quarter earnings per share of $8.96, surpassing the $6.67 average estimate from analysts [1] - Revenue for the quarter rose by 10% to $12.0 billion, also exceeding estimates [1] Financial Performance - Core income reached a record $2.1 billion, attributed to strong growth in earned premiums and excellent profitability [2] - Net written premiums increased by 7% year-over-year across business insurance, bond & specialty insurance, and personal insurance segments [2] - The combined ratio, a key profitability measure, rose to 83.2%, an increase of 2.6 percentage points [2][4] Market Reaction - Travelers shares gained over 3% in intraday trading and have appreciated approximately 17% over the past year [3]