What does bond & specialty insurance — fee income mean?

This represents non-premium revenue generated by the Bond & Specialty Insurance segment, typically from risk management services, consulting, or administrative fees. It serves as a diversified revenue stream that is less dependent on underwriting cycles. This metric highlights the segment's ability to monetize its expertise beyond traditional insurance coverage.

The Travelers Companies (TRV) Bond & Specialty Insurance — Fee income

Screener

Other segment segments

Business Insurance

$117M+5.4%

Personal Insurance

$9M-30.8%

Similar metrics at other companies

JRVRSpecialty Admitted Insurance — Fee income

$34K-95.9%

WFCInvestment banking fees — Fee income

$939M+34.9%

LMNDFee income

$12M+14.3%

PEBKFee income

$248K-3.9%

WRBFee income

$28.23M-2.4%

TFI

TFINFee income

$1.01M-21.5%

Other financials

Income statement

See full

Revenue$12.2B+0.3%

Net income$2.2B+46.3%

EPS (diluted)$10.26+57.1%

Balance sheet

See full

Cash & equivalents$621.0M-5.8%

Total debt$9.1B+12.9%

Total equity$33.1B+12.2%

Total assets$143.58B+3.4%

Cash flow

See full

Operating cash flow$1.9B-17.9%

Valuation

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Market cap$80.16B+34.7%

Enterprise value$88.6B+32.5%

P/E9.7×-1.7×

P/S1.6×+0.4×

Profitability

See full

Net margin17%+6.0pp

Returns & leverage

See full

Return on equity26.5%+7.2pp

Debt / equity0.3×0.0×

Where this comes from

Reported directly by The Travelers Companies in its filing.

Tagged under the XBRL concept trv:InsuranceFeeIncome.

The source filing: The Travelers Companies’s 10-Q, filed July 17, 2026.

Filed: Jul 17, 2026, 7:01 AM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0000086312-26-000145

(for the three months ended June 30, in millions)	Business Insurance	Bond & Specialty Insurance	Personal Insurance	Total Reportable Segments
2026
Premiums	$5,551	$1,056	$4,146	$10,753
Net investment income	762	113	195	1,070
Fee income	117	—	9	126
Other revenues	113	6	25	144
Total segment revenues (1)	6,543	1,175	4,375	12,093
Claims and claim adjustment expenses	3,188	458	2,276	5,922
Amortization of deferred acquisition costs	945	204	637	1,786

Item 1. FINANCIAL STATEMENTS

FAQ

What is The Travelers Companies's bond & specialty insurance — fee income?: The Travelers Companies (TRV) reported bond & specialty insurance — fee income of $0 in Q2 2026.
What does bond & specialty insurance — fee income mean?: This represents non-premium revenue generated by the Bond & Specialty Insurance segment, typically from risk management services, consulting, or administrative fees. It serves as a diversified revenue stream that is less dependent on underwriting cycles. This metric highlights the segment's ability to monetize its expertise beyond traditional insurance coverage.