2025 / ANNUAL REPORT / THE TRAVELERS COMPANIES, INC.
Join us as we commemorate America’s 250th anniversary through Travelers Across America, our coast-to-coast journey honoring and supporting America’s traditions of perseverance, resilience and progress. See here for more.
America isn’t just a place — it’s a blueprint for possibility.
As we commemorate America’s exceptional 250-year journey, Travelers is proud to be part of the fabric of our nation’s history for more than 170 years.
Through generations of American ingenuity, we’ve helped build our great cities, protected American workers and allowed Main Street’s businesses to flourish in communities across the country.
We believe the best days are still ahead.
That’s why we’re not just celebrating America’s history — we’re helping to write its future.
To My Fellow Shareholders
2025 Results
Our 2025 Results Speak to the Broad Strength of the Travelers Franchise
Investment Portfolio
Our Investment Portfolio
Continues to Deliver
Underwriting Excellence
Our Data-Driven Underwriting Culture
and Expertise Matter More than Ever
Reserve Strategy
A Deliberate and Data-Based Approach to
Reserving and a Healthy Appreciation of Risk
Our Growth Strategy
Travelers’ Powerful Earnings Engine
Preparing for Tomorrow
From Innovation 1.0 to Innovation 2.0
Rightsizing Capital
A Balanced Approach to Rightsizing Capital
Our Unrivaled Claim Capability
When Disaster Strikes, Excellence
in Claim sets us apart
Total Shareholder Return
Meaningful Total Shareholder Return
Built to Endure
Investing in What Lies Ahead
Delivering Shareholder Value
Successful Execution of Effective Long-Term Financial Strategy Delivers Shareholder Value
Letter to Shareholders
Built to Endure
Travelers Institute
Business Diversification
Travelers Across America
Governance
Shareholders' Information
Form 10-K
Letter to Shareholders