Travelers (TRV) reported Q1 core income Wednesday of $1.91 per diluted share, down from $4.69 a year earlier.
Analysts polled by FactSet expected $0.79.
Total revenue for the quarter ended March 31 was $11.81 billion, up from $11.23 billion a year earlier.
Analysts surveyed by FactSet expected $10.84 billion.