Travelers stock climbs over 6% on 8.7 point CoR improvement, personal lines rebound
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Travelers stock climbs over 6% on 8.7 point CoR improvement, personal lines rebound

Shelby Rosenberg
January 19, 2024
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Travelers stock rose over 6% in late afternoon trading on Friday, following encouraging fourth quarter results, which included a combined ratio (CoR) improvement of 8.7 points year on year.

Driving the improvement was a rebound in the carrier’s personal insurance segment.

Before markets opened, the company reported it had slashed its personal lines CoR to 86.8%

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