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1 Value Stock That's Using Tough Times to Its Advantage

·4-min read
1 Value Stock That's Using Tough Times to Its Advantage
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Travelers (NYSE: TRV) posted solid growth in the second quarter despite a tough insurance backdrop and inflationary effects on both wages and materials, which have impacted both auto and homeowners insurance claims in the period. Despite inflationary effects and rising claims putting pressure margins, CEO Alan Schnitzer isn't worried about a thing. In the second quarter, Travelers saw written premiums increase 11% from the same quarter last year to $8.1 billion.

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