The Travelers Companies (TRV)

Add a New Bulls Reason Company: The Travelers Companies (TRV) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 3 votes   End of Asbestos Scare Boosts Claims Reserves Top Contributor: Michael Mitchell | Created when NYSE:TRV was $41.91 | Edit | History In the early 2000s, high rates of asbestos claims drained TRV's claims reserves. However, asbestos-related claims have slowed significantly for the company since 2005, which helps insulate the company's reserves for other claims, particularly amidst the tumultuous economic times. (100 character max) Cancel 0% agree 0 votes   End of Recession Strengthens TRV Top Contributor: Michael Mitchell | Created when NYSE:TRV was $41.91 | Edit | History The 2008 economic crisis seriously weakened TRV's investment portfolio that it uses as a reserve for future claims payments. Additionally, Travelers' earnings from its investments plummeted 26% in 2008 because of the slumping world economies. However, with the end of the recession in sight, the worst may be over for TRV and its weathered portfolios. As a result, expect TRV's earnings from its net investments to rebound in the second half of 2009. (100 character max) Cancel

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