Travelers Companies Sells Canadian Insurance Business

Travelers Companies ( (TRV) ) just unveiled an announcement.

On May 27, 2025, Travelers Companies announced an agreement to sell its Canadian personal insurance business and most of its Canadian commercial insurance business to Definity Financial Corporation for approximately US$2.4 billion. The transaction, expected to close in the first quarter of 2026, will see Travelers retain its Canadian surety business. The company plans to use part of the proceeds for share repurchases, which are anticipated to slightly increase earnings per share over the coming years.

The most recent analyst rating on (TRV) stock is a Buy with a $240.00 price target. To see the full list of analyst forecasts on Travelers Companies stock, see the TRV Stock Forecast page.

Spark’s Take on TRV Stock

According to Spark, TipRanks’ AI Analyst, TRV is a Outperform.

Travelers Companies maintains a solid financial performance with robust revenue growth, stable leverage, and efficient cash generation. Technical indicators suggest a stable price trend with mixed momentum signals. Valuation is reasonable with a moderate dividend yield. The latest earnings call reveals strong underlying performance but also highlights significant catastrophe losses, impacting overall sentiment. Despite these challenges, the company remains resilient, supported by strategic investments and a strong balance sheet.

To see Spark’s full report on TRV stock, click here.

More about Travelers Companies

The Travelers Companies, Inc. is a leading provider of property casualty insurance for auto, home, and business. It is a component of the Dow Jones Industrial Average, employing over 30,000 people and generating more than $46 billion in revenue in 2024.

Average Trading Volume: 1,388,453

Technical Sentiment Signal: Buy

Current Market Cap: $61.41B

See more data about TRV stock on TipRanks’ Stock Analysis page.