2024 ANNUAL REPORT
EXECUTIVE OFFICERS
Alan D. Schnitzer
Chairman and
Chief Executive Officer
Andy F. Bessette
Executive Vice President and Chief Administrative Officer
Daniel S. Frey
Executive Vice President and Chief Financial Officer
William H. Heyman
Vice Chairman and
Chairman, Investment Policy Committee
Avrohom J. Kess
Vice Chairman and
Chief Legal Officer
Michael F. Klein
Executive Vice President and President, Personal Insurance
Jeffrey P. Klenk
Executive Vice President and President, Bond & Specialty Insurance
Diane Kurtzman
Executive Vice President and Chief Human Resources Officer
Mojgan M. Lefebvre
Executive Vice President and Chief Technology &
Operations Officer
Maria Olivo
Executive Vice President, Strategic Development, and President, International
David D. Rowland
Executive Vice President and Co-Chief Investment Officer
Gregory C. Toczydlowski
Executive Vice President and President, Business
Insurance
Daniel T. H. Yin
Executive Vice President and Co-Chief Investment Officer
To My Fellow Shareholders
Our 2024 Results Speak to the Broad
Strength of the Travelers Franchise
Underlying Underwriting Income
Our Investment Portfolio Continues to Perform
Our Data-Driven Underwriting Culture and Expertise Matter More Than Ever
Availability and Affordability
When Disaster Strikes, Excellence
in Claim Sets Us Apart
Preparing for Tomorrow — Leveraging the Power
of Artificial Intelligence
Consistent and Successful Long-Term Financial Strategy Delivers Shareholder Value
Return on Equity
Travelers Powerful Earnings Engine
A Balanced Approach to Rightsizing Capital
Our Diversified Businesses
Meaningful Total Shareholder Return
Firing on All Cylinders – the Outlook for Travelers
Brand Manifesto
Financial Highlights
Availability
and Affordability
Citizen Travelers
Travelers Institute
Our Communities
Our People
Executive
Officers
Board of Directors
Shareholders' Information
THE TRAVELERS COMPANIES, INC.
•
To My Fellow Shareholders
Our 2024 Results Speak
to the Broad Strength of the Travelers Franchise
Underlying Underwriting Income
Our Investment Portfolio Continues to Perform
Our Data-Driven Under-writing Culture and Expertise
Availability and Affordability
When Disaster Strikes, Excellence in Claim
Sets Us Apart
Leveraging the Power of Artificial Intelligence
Consistent and Successful Long-Term Financial Strategy
Return on Equity
Travelers Powerful
Earnings Engine
A Balanced Approach to Rightsizing Capital
Our Diversified Businesses
Meaningful Total
Shareholder Return
Firing on All Cylinders –
the Outlook for Travelers
Letter to Shareholders