Insider Trades
Travelers CEO Schnitzer Cashes Out $35.3 Million After Option Exercise
The chief executive's 88,900-share sale came as he exercised 298,368 options.
TRV
Travelers Companies (TRV) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Insider Trades
Travelers CEO Alan Schnitzer Files To Sell 88,900 TRV Shares Worth $35.3 Million
The planned sale covers shares from a cash option exercise, with the sale date listed as October 21 on the form.
Earnings
Travelers CEO Won't Call A Bottom In Commercial Pricing, Won't Give A 2027 Growth Number
Alan Schnitzer called commercial pricing "stable," but would not forecast premium trends for next year on the third-quarter call.
Earnings
Travelers Core Earnings Hit $9.18 A Share As A $295 Million Asbestos Charge Sits Inside Reserve Gains
Third-quarter net income rose to $1.917 billion as reserve releases and record investment income outweighed heavier catastrophe losses.
Earnings
Travelers Adds $295 Million To Asbestos Reserves, Though Open-Claim Policyholders Are Flat
The 10-Q ties the third-quarter charge to higher payments, not more policyholders with open claims.