-=Travelers (TRV) reported earnings on Tue 23 Jan 2018 (BMO)

Travelers beats by $0.86, beats on revs 

• Reports Q4 (Dec) earnings of $2.28 per share, excluding non-recurring items, $0.86 better than the Capital IQ Consensus of $1.42; revenues rose 3.6% year/year to $7.45 bln vs the $6.47 bln Capital IQ Consensus.
• Net written premiums of $6.424 billion increased 6%, reflecting growth in all segments. Retention remained high and renewal premium change improved across all segments, while new business increased in our commercial businesses.
• Combined Ratio was 95.5%
• RoE 9.3%
• Book Value per Share $87.46