The Travelers Companies Inc
TRV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|sf | LOCK|Pvy^$ | LOCK|n>gq%? |
Travelers Is Enjoying Multiple Tailwinds
Business Strategy and Outlook
We believe the strength of Travelers' commercial insurance operations puts a narrow economic moat around its business. While the commercial and personal sides of the businesses have generally offset each other in recent years, both sides are now enjoying tailwinds, although a $1.7 billion pretax loss from the California wildfires will be a bit of an offset this year.
