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$44.16 -0.39 (-0.88%)
8/29/2008 4:02 PM

The Travelers Companies, Inc. (TRV)

CAPS Rating:
**

A holding company principally engaged, through its subsidiaries, in providing a wide range of commercial and personal property and casualty insurance products and services to businesses, government units, associations and individuals.

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Avatar hey4ndr3w (98.43) Submitted: 6/30/08 9:52 AM : Underperform Start Price: $44.21 TRV Score: 0.90

U.S. bad weather has already cost property insurers more than $5B this quarter - equal to about 3/4 of 2007's total catastrophe claims. A lull in insurance pricing continues to reduce the companies premiums, which could leave them in an even worse situation by the time the storm season subsides. 40% of insurers reported losses and expenses ate up virtually all their premium in Q1.

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