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Best’s News & Research Service subscription required - October 16, 2026 01:25 PM (EDT)

Travelers Third-Quarter Net Income Rises 2%; Favorable Development Exceeds Higher Cat Losses

Travelers Cos. Inc.'s third-quarter net income increased 2% to $1.92 billion, helped by net favorable prior-year reserve development that increased 10-fold, more than offsetting higher net . . .

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