Under this blog, we discuss one of the biggest players in the technology industry, namely AT&T. AT&T's revenue position, financial growth, business lows and highs, and various other sectors, are discussed under this blog.
Wednesday, 18 December 2013
Travelers Companies Company Description
The Travelers Companies (TRV) was founded in 1853 and it is currently the second largest property and casualty insurer in the US. Around 87% of its revenues are generated through sales of insurance premiums. Travelers offers insurance services to its customers through three business segments – Business Insurance, Financial, Professional and International Insurance, and Personal Insurance. In 2012, Travelers earned $25.74 billion out of which 53% of its premiums written were from the Business Insurance segment. Travelers earns 96% of its revenues from the US. The company’s revenues rose 1.2% year-over-year in 2012. Travelers invests part of its revenues to create a pool of assets, claims loss provision, and invests a part into bonds to earn investment income. Read More: TRV
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