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The Travelers Companies TRV Business Insurance — General and administrative expenses

Other segment segments

Personal Insurance
$422M-5.0%
Bond & Specialty Insurance
$218M+1.9%

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Other financials

Income statement

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Revenue$12.2B+0.3%
Net income$2.2B+46.3%
EPS (diluted)$10.26+57.1%

Balance sheet

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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

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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

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Net margin17%+6.0pp

Returns & leverage

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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 us-gaap:SellingGeneralAndAdministrativeExpense.

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 InsuranceBond & Specialty InsurancePersonal InsuranceTotal Reportable Segments
Total segment revenues (1)6,5431,1754,37512,093
Claims and claim adjustment expenses3,1884582,2765,922
Amortization of deferred acquisition costs9452046371,786
General and administrative expenses9122184221,552
Income tax expense30061213574
Segment income (1)$1,198$234$827$2,259
2025
Premiums$5,545$1,021$4,355$10,921

Item 1. FINANCIAL STATEMENTS

FAQ

What is The Travelers Companies's business insurance — general and administrative expenses?
The Travelers Companies (TRV) reported business insurance — general and administrative expenses of $912M in Q2 2026.
How has The Travelers Companies's business insurance — general and administrative expenses changed year-over-year?
The Travelers Companies's business insurance — general and administrative expenses increased by 4.2% year-over-year, from $875M to $912M.
What is the long-term trend for The Travelers Companies's business insurance — general and administrative expenses?
Over 3 years (2022 to 2025), The Travelers Companies's business insurance — general and administrative expenses has grown at a 7.2% compound annual growth rate (CAGR), from $2.83B to $3.48B.
What does business insurance — general and administrative expenses mean?
This includes the overhead costs associated with operating the Business Insurance segment, such as salaries, technology, facilities, and other corporate allocations. It measures the operational efficiency of the segment's management and infrastructure.

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