Travelers reports record fourth quarter 2020 net income per diluted share of $5.10 and return on equity of 18.4%

New york--(business wire)--the travelers companies, inc. today reported net income of $1.310 billion, or $5.10 per diluted share, for the quarter ended december 31, 2020, compared to $873 million, or $3.35 per diluted share, in the prior year quarter. core income in the current quarter was $1.262 billion, or $4.91 per diluted share, compared to $867 million, or $3.32 per diluted share, in the prior year quarter. core income increased primarily due to a higher underlying underwriting gain (i.e.,
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