Allstate’s Comeback Is Turning Into a Profit Machine Travelers Companies (NYSE:TRV) reported what executives described as an “excellent” second quarter of 2026, supported by strong underwriting results across all three business segments, higher investment income and favorable…
serve development. Chairman and Chief Executive Officer Alan Schnitzer said the insurer earned core income of $2.2 billion, or $10.04 per diluted share, and generated a core return on equity of 24.9% for the quarter
Over the trailing four quarters, Travelers produced a core return on equity of 24.2%. – 3 Insurance Stocks That Can Act as a New Inflation Hedge “We’re pleased to report an excellent second quarter and another in a sustained run of successful quarters, with very strong underwriting performance across all three segments and a terrific result from our investment portfolio,” Schnitzer said. Pre-tax underwriting income totaled $1.7 billion, while the combined ratio improved to 83.6%. The underlying combined ratio improved to 84.1%, which management attributed to a lower underlying loss ratio.
Chief Financial Officer Dan Frey said underlying underwriting income reached $1.3 billion after tax, marking the company’s eighth consecutive quarter above $1 billion. Investment Income and Capital Returns Strengthen Results – 3 Insurance Stocks Hitting 52-Week Highs With More Room to Run After-tax net investment income rose 14% from the prior-year quarter to $883 million. Frey said fixed income investment income benefited from higher yields and a higher level of invested assets, while alternative investment income also increased.