2024-04-03 04:10:10 ET
Summary
- Travelers Companies is a consistently profitable insurance company with strong operating results.
- The company has a diverse business model, offering property-casualty insurance products to businesses, the public sector, and individuals.
- While Travelers has a strong balance sheet and pricing power, its valuation is currently too high for an attractive entry price.
The Travelers Companies ( TRV ) is another insurance company that I thought was worth a look, given its strong operating results. While I couldn't find a reason to complain, I also didn't find much reason to get excited, so I'll go through the key bits and explain why, for right now, it's just a Hold.
Business Model
Travelers provides a variety of property-casualty insurance products to businesses, the public sector, and individuals. It reports them in three segments:
- Business Insurance
- Bond and Specialty
- Personal Insurance
Read the full article on Seeking Alpha
For further details see:
The Travelers Companies: Price Isn't Quite Right