October 20, 2015 / 11:09 AM / 2 years ago

Insurer Travelers' profit rises on higher underwriting gains

Oct 20 (Reuters) - Property and casualty insurer Travelers Cos Inc’s quarterly net profit rose 1 percent as the company’s underwriting gains rose 34.6 percent.

The Dow-30 company’s net income rose to $928 million, or $2.97 per share, in the third quarter ended Sept. 30 from $919 million, or $2.69 per share, a year earlier. (Reporting By Sudarshan Varadhan in Bengaluru; Editing by Kirti Pandey)

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