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Strong investment result & lower cat losses boost Travelers in Q2

July 20, 2021

The Travelers Companies, Inc. has reported a significantly improved net income of $934 million for the second-quarter of 2021 on the back of lower catastrophe losses, favourable reserve development, and a vastly improved investment result.

Net income of $934 million compares with a net loss of $40 million for the second-quarter of 2020, a period which saw Travelers book catastrophe losses, net of reinsurance, of a huge $854 million.

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