“Travelers posted a higher first-quarter profit, helped by a decline in natural disaster losses and rising insurance rates.
After the earnings announcement, the company’s shares rose in pre-market trading. (Click here to get the latest quotes for Travelers.)
The company posted first-quarter earnings excluding items of $2.33 per share, up from $2.01 a share in the year-earlier period.
Revenue increased to $5.597 billion from $5.50 billion a year ago….”
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