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The Travelers Companies TRV Business Insurance — Goodwill

Other segment segments

Bond & Specialty Insurance
$837M-0.1%
Personal Insurance
$646M-20.2%

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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:Goodwill.

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
(in millions)June 30,2026December 31,2025
Business Insurance$2,551$2,601
Bond & Specialty Insurance837838
Personal Insurance646809
Other2626
Less amounts classified as held for sale208
Total$4,060$4,066

Item 1. FINANCIAL STATEMENTS

FAQ

What is The Travelers Companies's business insurance — goodwill?
The Travelers Companies (TRV) reported business insurance — goodwill of $2.55B in Q2 2026.
How has The Travelers Companies's business insurance — goodwill changed year-over-year?
The Travelers Companies's business insurance — goodwill decreased by 2.2% year-over-year, from $2.61B to $2.55B.
What is the long-term trend for The Travelers Companies's business insurance — goodwill?
Over 4 years (2021 to 2025), The Travelers Companies's business insurance — goodwill has grown at a -0.1% compound annual growth rate (CAGR), from $10.46B to $10.4B.
What does business insurance — goodwill mean?
This metric represents the intangible asset created when the Business Insurance segment acquires another business for a price higher than the fair market value of its net identifiable assets. It reflects the premium paid for brand reputation, customer relationships, and synergies. Periodic impairment testing is required to ensure the carrying value does not exceed the recoverable amount.

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