BUZZ-Travelers shares rise as quarterly core profit jumps

Travelers Companies, Inc.

Travelers Companies, Inc.

TRV

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** Shares of property and casualty insurer Travelers Companies TRV.N up ~1% at $340 premarket

** Company's Q2 core profit jumps on lower catastrophe losses and strong investment income

** Quarterly core income per share rises 44% to $10.04

** Reports catastrophe losses of $518 million on a pre-tax basis, compared with $927 million a year earlier

** Net investment income at $1.07 billion, up 13.6% over the year earlier

** Up to last close, shares up ~16% YTD


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