To My Fellow Shareholders

Our 2022 Results – Excellence in Execution

Investment Expertise

Our Data-Driven Underwriting
Expertise Sets Us Apart

Well-Defined and Consistent
Investment Philosophy

Perform and Transform – A Call to Action
Put to Work

Unique Product Breadth and Specialization

The Compounding Benefits of
Our Innovation Strategy

Consistent and Successful Long-Term Financial
Strategy Delivers Shareholder Value

2022 Financial Results in the Context of
Our Innovation Strategy

A Balanced Approach to Rightsizing Capital

Total Shareholder Return

The Foundation of Our Competitive Advantages:
Our People and Our Culture

The Travelers Promise in Action

Citizen Travelers