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Travelers reports quarterly net income of $1.917 billion

Original source publication date

AI-assisted summary. Travelers announced its September-quarter results on October 16. Net income was $1.917 billion, compared with $1.888 billion a year earlier. The company reported a combined ratio of 86.8%, versus 87.3%. It attributed higher core income mainly to favorable prior-year reserve development and investment income, partly offset by higher catastrophe losses.

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The Travelers Companies, Inc. — SEC earnings release

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