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Travelers Companies Projects Core Loss In Q2 - Quick Facts


RTTNews | Jul 14, 2020 07:07AM EDT

07:07 Tuesday, July 14, 2020 (RTTNews.com) - The Travelers Companies, Inc. (TRV) said, for the second quarter, the company expects to report a net loss per share of $0.16 and a core loss per share of $0.20, resulting from a high level of catastrophe losses and, losses in the non-fixed income investment portfolio. The company's estimate for catastrophe losses is $854 million pre-tax ($673 million after-tax), net of reinsurance.

The company expects to report net investment income of $268 million pre-tax ($251 million after-tax), for the quarter.

Read the original article on RTTNews ( https://www.rttnews.com/3110802/travelers-companies-projects-core-loss-in-q2-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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