Shareholders hope that underwriting gains exceed what they have to pay out, but that's not always the case. Home insurance, auto insurance, general liability insurance and workers compensation are just a few of the products Travelers offers.īy hiring the savviest actuaries, Travelers underwrites insurance policies en masse that, as a whole, will be profitable. The company employs more than 30,000 people, and its main business is selling insurance to individuals and businesses. The property casualty insurer has been around for over 160 years and has been a member of the blue-chip Dow Jones industrial average since 2009.

What is Travelers? Here's what Travelers isn't: It isn't a Johnny-come-lately. Here's a quick look at Travelers - its history, its business, and, most importantly, why TRV stock is a buy. Travelers Companies Inc (NYSE: TRV), the property and casualty insurer, is one of those elite few, and was named one of the seven best stocks to buy for 2018. News names seven stocks - from a universe of 4,000 or so - that look primed to outperform the market in the coming year.

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