Travelers Sees Limited Impact from Tariffs -- Market Talk

Dow Jones
Apr 16, 2025

1101 ET - Travelers says the direct impact from tariffs enacted by the Trump administration should be pretty manageable. CEO Alan Schnitzer on an analyst call says the impact is "just a fraction of auto and property losses that are physical damage related and only a fraction of those are for materials that would be impacted by tariffs." He adds that the most significant affect for the company is likely to be one-time impacts of physical damage repair costs, which most notably affects private passenger auto. "From there, the impacts diminish pretty significantly." Shares rise 3.9% to $259.47 following a 1Q earnings beat despite losses from California wildfires. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

April 16, 2025 11:01 ET (15:01 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10