Travellers

Q3 FY2026 EarningsQ3 FY26 results significantly beat consensus across all key profitability metrics, despite total revenue of $12.41B missing the $11.02B expectation when adjusted for divestitures (actual reported revenue was higher than mean, but growth was flat YoY). Core EPS of $9.18 substantially outperformed the $7.43 consensus, driven by record net investment income ($1.098B pre-tax) and robust underwriting gains across all segments. A consolidated combined ratio of 86.8% and record Q3 new business in Business Insurance underscore strong execution, while aggressive share repurchases of $1.5B further boosted per-share results.