Your dividends

The Travelers Companies, Inc. has paid cash dividends without interruption for 153 years. Our most recent quarterly dividend of $1.05 per share was declared on January 22, 2025, payable March 31, 2025, to shareholders of record as of March 10, 2025.

 

Automatic dividend reinvestment program

This program provides a convenient opportunity for our shareholders  to increase their holding of Travelers common stock. An explanatory brochure and enrollment card may be obtained by calling our stock transfer agent, Equiniti Trust Company, at 888-326-5102, or by mailing a request to the address below.

 

For address changes, dividend checks, direct deposits of dividends, account consolidations, registration changes, lost stock certificates and general stock holding questions, please contact:

 

Stock transfer agent and registrar

Equiniti Trust Company, LLC

EQ Shareowner Services

P.O. Box 64854

Saint Paul, MN 55164-0854

Toll Free: 888-326-5102

Outside U.S. and Canada: 651-450-4064

shareowneronline.com

 

Financial information available

Travelers makes available, free of charge on its website, all of its filings that are made electronically to the SEC, including Forms 10-K, 10-Q and 8-K. To access these filings, go to travelers.com > Investors > Financial Information > SEC Filings.

 

Requests for additional information may be directed to:

The Travelers Companies, Inc.

485 Lexington Avenue

New York, NY 10017-2630

Investor Relations, NY08EX

Attn: Abbe Goldstein

917-778-6263

 

Annual Meeting of Shareholders

The Annual Meeting of Shareholders will be held on May 21, 2025, at Hartford Marriott Downtown, 200 Columbus Boulevard, Hartford, CT 06103-2807.

 

On or about April 4, 2025, we plan to send proxy materials, or a notice of internet availability of proxy materials, to shareholders of record as of the close of business on March 24, 2025. The notice will provide instructions on where to access our Proxy Statement and Annual Report as well as how to vote your shares electronically. The notice also includes instructions on how to request a printed copy of our proxy materials.

 

Stock price and dividends declared

The Travelers Companies, Inc. common stock is listed on the New York Stock Exchange (NYSE) and is publicly traded under the ticker symbol “TRV”.

The following tables set forth the quarterly high and low closing sales prices of The Travelers Companies, Inc. common stock, as well as the amount of quarterly cash dividends declared per share for 2024 and 2023.

Additional information

We have included the tables below and on the next pages to provide reconciliations of certain GAAP financial measures to non-GAAP financial measures as follows: (i) a reconciliation of net income per share to core income per share on a diluted basis, (ii) a reconciliation of shareholders’ equity to adjusted shareholders’ equity, which are components of the return on equity and core return on equity ratios, (iii) a calculation of return on equity and core return on equity, (iv) a calculation of book value per share and adjusted book value per share, (v) a reconciliation of net income to core income, and core income to after-tax underlying underwriting income (also known as underlying underwriting gain) and (vi) a reconciliation of invested assets to invested assets excluding net unrealized investment gains (losses).

1 Impact is recognized in the accounting period in which the change is enacted.

2 2017 reflects impact of Tax Cuts and Jobs Act of 2017 (TCJA).

Underlying underwriting income is net earned premiums and fee income less claims and claim adjustment expenses (excluding catastrophe losses and prior year reserve development) and insurance-related expenses.

Average shareholders’ equity is (a) the sum of total shareholders’ equity at the beginning and end of each of the quarters for the period presented divided by (b) the number of quarters in the period presented times two.

Adjusted shareholders’ equity is shareholders’ equity excluding net unrealized investment gains (losses), net of tax, included in shareholders’ equity, net realized investment gains (losses), net of tax, for the period presented and the effect of a change in tax laws and tax rates at enactment (excluding the portion related to net unrealized investment gains (losses)). Adjusted average shareholders’ equity is (a) the sum of adjusted shareholders’ equity at the beginning and end of each of the quarters for the period presented divided by (b) the number of quarters in the period presented times two.

Return on equity is the ratio of (a) net income for the period presented to (b) average shareholders’ equity for the period presented. Core return on equity is the ratio of (a) core income for the period presented to (b) adjusted average shareholders’ equity for the period presented.

Definitions of other terms used in this Annual Report are included in the Glossary of Selected Insurance Terms portion of the Form 10-K.

This Annual Report contains forward-looking statements within the meaning of the federal securities laws. Actual results could differ materially from those expressed in such statements due to a variety of factors. These factors are described under “Forward-Looking Statements” in the 2024 Form 10-K included in this Annual Report.