旅行者财产险集团 2026年季度报告

☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June30, 2026 or ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to __________________________________________________________________________ Commission file number: 001-10898___________________________________________________________________ The Travelers Companies,Inc. (Exact name of registrant as specified in its charter)____________________________________________________________________ 41-0518860 Minnesota (I.R.S. EmployerIdentification No.) (State or other jurisdiction ofincorporation or organization) 485 Lexington AvenueNew York, NY 10017(Address of principal executive offices) (Zip Code)(917) 778-6000(Registrant’s telephone number, including area code)_________________________________________________________ Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on which registered New York Stock Exchange Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated filerAccelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No The number of shares of the Registrant’s Common Stock, without par value, outstanding at July10, 2026 was 208,575,022. The Travelers Companies,Inc. Quarterly Report on Form10-Q For Quarterly Period Ended June30, 2026_________________________________________________________ TABLE OF CONTENTS PartI — Financial Information Item 1.Financial Statements:Consolidated Statement of Income (Unaudited) — Three and Six Months Ended June30, 2026 and20253Consolidated Statement of Comprehensive Income (Unaudited) — Three and Six Months EndedJune30, 2026 and 20254Consolidated Balance Sheet — June30, 2026 (Unaudited) and December31, 20255Consolidated Statement of Changes in Shareholders’ Equity (Unaudited) — Three and Six MonthsEnded June30, 2026 and 20256Consolidated Statement of Cash Flows (Unaudited) — Six Months Ended June30, 2026 and 20257Notes to Consolidated Financial Statements (Unaudited)8Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations34Item 3.Quantitative and Qualitative Disclosures About Market Risk66Item 4.Controls and Procedures66PartII — Other InformationItem 1.Legal Proceedings66Item 1A.Risk Factors67Item 2.Unregistered Sales of Equity Securities and Use of Proceeds67Item 5.Other Information67Item 6.Exhibits68SIGNATURES69 THE TRAVELERS COMPANIES,INC. AND SUBSIDIARIESCONSOLIDATED STATEMENT OF INCOME (Unaudited)(in millions, except per share amounts) THE TRAVELERS COMPANIES,INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) 1.BASIS OF PRESENTATION AND ACCOUNTING POLICIES Basis of Presentation The interim consolidated financial statements include the accounts of The Travelers Companies,Inc. (together with its subsidiaries, theCompany). These financial statements are prepared in conformity with U.S. generally accepted accounting principles (GAAP) and areunaudited. In the opinion of the Company’s management, all adjustments necessary for a fair presentation have been reflected.Certainfinancial information that is normally included in annual financial statements prepared in accordance with GAAP, but that is notrequired for interim reporting purposes, has been omitted. All material intercompany transactions and balances have been eliminated.The accompanying interim consolidated financial statements and related notes should be read in conjunction with the Company’sconsolidated financial statements and related notes included in