Summary
This filing is an amendment (10-K/A) to The Travelers Companies, Inc.'s (TRV) Annual Report on Form 10-K for the fiscal year ended December 31, 2012. The amendment corrects a single clerical error in the "Claims and Claim Adjustment Expense Development Table" within "Item 1. Business." Specifically, the "cumulative amounts paid as of five years later" for the 2007 column has been updated from $19.744 billion to $20.244 billion. This amendment does not alter any other financial information or disclosures presented in the original filing. For investors, the primary takeaway is that this is a minor correction and does not represent new information regarding the company's financial performance or operational standing as of December 31, 2012. The core business operations, segment performance (Business Insurance, Financial/Professional/International Insurance, Personal Insurance), risk management strategies, and financial condition remain as detailed in the original 10-K filing.
Financial Highlights
33 data points| Revenue | $25.74B |
| Operating Income | $2.44B |
| Interest Expense | $378.00M |
| Net Income | $2.47B |
| EPS (Basic) | $6.35 |
| EPS (Diluted) | $6.30 |
| Shares Outstanding (Basic) | 386.20M |
| Shares Outstanding (Diluted) | 389.80M |
Key Highlights
- 1Minor clerical correction to a specific data point in the Claims and Claim Adjustment Expense Development Table.
- 2The correction involves a single number: 'cumulative amounts paid as of five years later' for the 2007 column, changed from $19.744 billion to $20.244 billion.
- 3No other information in the original Form 10-K filing has been amended or updated.
- 4This filing does not reflect any events that occurred subsequent to the original filing date.
- 5The purpose is to correct an error, not to introduce new financial results or business developments.