Travelers shares down 6% as rising auto, weather losses hit profits
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free trial
  • Log in

Travelers shares down 6% as rising auto, weather losses hit profits

Ted Bunker
21 October 2016
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email

Travelers disappointed investors with a 23 percent drop in net earnings for the third quarter, citing higher than expected losses in core auto and homeowner lines, provoking a selloff in its shares.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News
TB
Ted Bunker
Gift this article