Travelers Companies reported strong third-quarter results, with net income reaching $1.260 billion and core income at $1.218 billion. The net income per diluted share was $5.42, while core income per diluted share stood at $5.24. The company's consolidated combined ratio improved by 7.8 points from the prior year to 93.2%. Revenue for the quarter was $11.9 billion, up 12% year-over-year. Earnings per share (EPS) significantly exceeded expectations, coming in at $5.24 compared to the estimated $3.66, marking a 169% year-over-year increase. Travelers' return on equity rose to 19.2%, up from 7.7% the previous year. The company's stock has surged, with shares up 7% and leaping toward record territory. The book value per share increased to $122.00. Insurance premiums hit a record high. CEO of Travelers highlighted the strong performance, attributing it to both underwriting strength and investment gains, which offset hurricane losses. Shares were up 5% in pre-market trading.