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Travelers Companies ( (TRV) ) has provided an update.
On February 11, 2025, Travelers Companies, Inc. announced a preliminary estimate of $1.7 billion in pre-tax catastrophe losses stemming from the January 2025 California wildfires. This estimate includes losses from personal and commercial segments and considers the involvement of the Fidelis quota share, California FAIR Plan assessments, and reinsurance recoveries. The company is actively providing resources and support to help affected communities recover, expressing gratitude to first responders, relief organizations, and their claim professionals for their efforts.
More about Travelers Companies
The Travelers Companies, Inc. is a leading provider of property casualty insurance for auto, home, and business, and is a component of the Dow Jones Industrial Average. The company has over 30,000 employees and reported revenues exceeding $46 billion in 2024.
YTD Price Performance: 0.64%
Average Trading Volume: 1,326,192
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $55.66B
For detailed information about TRV stock, go to TipRanks’ Stock Analysis page.
