Travelers Reports Excellent Fourth Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--The Travelers Companies, Inc. today reported net income of $1.626 billion, or$6.99 per diluted share, for the quarter ended December 31, 2023, compared to $819 million, or$3.44 per diluted share, in the prior year quarter. Core income in the current quarter was $1.633 billion, or$7.01 per diluted share, compared to $810 million, or$3.40 per diluted share, in the prior year quarter. Core income increased primarily due to a higher underlying underwriting gain (i.e., excluding ne ...