Financial Performance
Highlight
$40.2B
of net written premium in 2023, an increase of approximately 14% over 2022
At Travelers, our simple and unwavering mission for creating shareholder value is to deliver superior returns on equity by leveraging our competitive advantages; generate earnings and capital substantially in excess of our growth needs; and thoughtfully right-size capital and grow book value per share over time. Executing this financial strategy has produced industry-leading returns over time, and 2023 was no exception.
2023 Results
We produced very strong results notwithstanding elevated industrywide catastrophe losses and a personal lines operating environment that, while improving, was difficult during the year.
Financial highlights
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Delivering value over time
The success of our strategy – with all its component parts – drives our total return to shareholders over time.
Non-GAAP reconciliations
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