Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Travelers TRV Reports 1.7B Pre-Tax Loss from California Wildfire Catastrophe

February 14, 2025
The Travelers Companies, Inc. (TRV) recently reported a significant pre-tax loss of $1.7 billion due to the devastating California wildfire catastrophe. The company, one of the largest providers of property and casualty insurance in the United States, witnessed a surge in claims from policyholders affected by the wildfires. This unexpected event has put a strain on Travelers' financials and may impact its bottom line for the quarter. Analysts on Wall Street are closely monitoring the situation to assess the long-term implications for the company's profitability. Considering these challenges, investors are advised to seek professional guidance from Stocks Prognosis to make informed decisions regarding the future of Travelers' stock.

Find out how the THE TRAVELERS COMPANIES, INC. rate is expected to change

Get Forecast for TRV
There are no comments yet. Be the first to leave a comment
If you want to leave a comment, then you need Login or Register





Other news for TRV

TRVMay 16, 2025QuantWave Achieves 27.66% Profit Forecast for THE TRAVELERS COMPANIES, INC.  ~1 min.

QuantWave, the automated forecasting platform, successfully reached its price target forecast for THE TRAVELERS COMPANIES, INC....

TRVMarch 22, 2025Investors' Interest in TRV Stocks Soars as Travelers Companies Releases Q1 2025 Earnings  ~1 min.

The Travelers Companies, Inc. (NYSE: TRV) is set to announce its first-quarter financial results on April 16, 2025....

TRVMarch 21, 2025Travelers Schedules Conference Call to Review First Quarter 2025 Results  ~1 min.

TRV The Travelers Companies, Inc. has announced that it will hold its earnings conference call to discuss the first quarter 2025 results on April 16....

TRVFebruary 27, 2025Travelers Institute Unveils Expert-Led Spring 2025 Webinar Series with Industry Leaders  ~1 min.

Travelers Companies, Inc. is thrilled to announce the launch of its highly anticipated Spring 2025 webinar series in collaboration with industry leaders....

TRVFebruary 26, 2025Travelers Companies Scale And Analytical Advantages  ~2 min.

Travelers Companies, Inc., a leading insurance provider, continues to demonstrate its scale and analytical advantages in the industry....



Related news

SOFebruary 15, 2025Southern Company’s Renewable Energy Subsidiary Acquires Solar Power Project in California  ~1 min.

Southern Company's subsidiary for renewable energy, Southern Power, has recently acquired a solar power project named California Solar Portfolio in the state of California....

MMCJanuary 2, 2025Marsh & McLennan Companies Inc. Sees 15% Drop in Property Reinsurance Rates  ~1 min.

Marsh & McLennan Companies Inc. (NYSE: MMC) recently announced that property reinsurance rates are expected to fall by 15% according to industry experts....

AWKDecember 13, 2024American Water Works Company AWK Gains Approval for Rate Increase in California  ~1 min.

American Water Works Company, Inc. (NYSE: AWK) has recently gained approval for a rate increase in California....

EIXJanuary 13, 2025Edison International facing power outages and drop in shares due to wildfires in California  ~1 min.

As wildfires continue to rage across California, utility company Edison International is facing significant challenges. Shares of the company have dropped by 10% as a result of the ongoing crisis....

EIXFebruary 9, 2025Edison International Faces Potential Lawsuits in Light of California Wildfires  ~1 min.

Edison International (NYSE: EIX) is currently facing potential lawsuits in relation to the devastating wildfires that occurred in California....