Company Background
The Travelers Companies Inc (NYSE:TRV) was incorporated in 1853 and is engaged in various commercial and personal property and casualty insurance products and services for private and public sector. Based in New York, the company has three main segments which are Business Insurance; Financial, Professional and International Insurance and Personal Insurance. The company markets its products through several means which include direct marketing, independent sales agents, joint marketing arrangements with other insurers and sponsoring organizations.
Industry Analysis
The Travelers Companies Inc (NYSE:TRV) is ranked 24th among its 136 competitors by dividend yield. The company maintains the dividend yield of 3.30 percent as compared to highest dividend yield of 7.60 percent maintained in its industry. The company maintains the return on equity of 9.26 percent which place it on 46th rank among its industry peers.
Financial Analysis
The Travelers Companies Inc (NYSE:TRV) generated the total revenue of $6.38 billion for the quarter ended June 30th, 2011 as compared to total revenue of $6.17 billion for the same period last year. The company reported the net loss of $364 million or loss of $0.87 per share for the respective quarter as compared to net income of $665 million or earnings of $1.35 per share last year.
The company’s total assets accumulate up to $106.46 billion. The company maintains a strong capital structure as it long term debt stands at $6.60 billion as compared to its total equity of $25 billion.
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