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Travelers Cos., the insurer added to the Dow Jones Industrial Average in 2009, said it’s scaling back share repurchases as about $ 1 billion in catastrophe costs will probably wipe out second-quarter operating profit.
BusinessWeek.com — Finance

Travelers Cos. gained in New York trading after earnings beat analysts’ estimates and Chief Executive Officer Jay Fishman said sales of insurance may increase on higher demand and prices.
BusinessWeek.com — Finance

Travelers Cos., the top gainer among financial firms in the Dow Jones Industrial Average last year, said fourth-quarter profit fell 30 percent as catastrophe costs climbed and the insurer got a smaller benefit from reserves.
BusinessWeek.com — Finance