Travelers 2012 Annual Report Download - page 7
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Travelers launches the fi rst insurance policy to protect individuals
using personal computers for online banking
The Travelers Indemnity Company and The Aetna Casualty
and Surety Company merge to form the nation’s fourth largest
propertycasualty insurance company
And fi nally the Travelers Institute sponsored the awardwinning
nonpartisan documentary Overdraft which highlights the
implications of the federal defi cit It has been broadcast on public
television and we hosted screenings at colleges and universities
across the country to engage students in the dialogue
We are proud to support these causes
Outlook — The best of Travelers
We rise to the occasion In the most challenging circumstances
such as the immediate aftermath of Storm Sandy I can count on a
“can do we’re all in this together” attitude from our employees
I thank them once again for all they do to serve our customers and
agents I also thank our agents who have worked with us to do the
right things for our customers and our Board of Directors for its
wise counsel and steady leadership And we are most grateful to our
customers Every day they put their trust in us to protect their most
valuable assets Many of them have written following Sandy to let
me know how appreciative they are for our being there when they
needed us
We are a noexcuses company in a noexcuses industry With a
sound strategy and strong competitive position we enter
with a real sense of optimism We believe that the strategic steps we
have taken put us in a position to continue to respond operationally
and fi nancially We are well prepared for the opportunities and
challenges that lie ahead
Jay S. Fishman
Chairman and Chief Executive Officer
GROWING BOOK VALUE PER COMMON SHARE
In the eight-year period between Dec. 31, 2004 (the year of the
Travelers-St. Paul merger), and Dec. 31, 2012, Travelers increased its
book value per common share (BVPS) from $31.35 to $67.31, which
represents a compound annual growth rate (CAGR) of 10.0 percent.
BVPS CAGR: %
TOTAL RETURN TO SHAREHOLDERS
Travelers’ total return to shareholders in the past one year, three
years and fi ve years compares favorably to the average total return
to shareholders for the company’s peer group.1
% %
%
%
%
%
Year Year Year
Peer Group consists of peers identified in Travelers Proxy Statement and includes ACE Limited
Aetna Inc The Allstate Corporation American Express Company The Chubb Corporation
Cigna Corp The Hartford Financial Services Group Manulife Financial Corporation MetLife Inc
Progressive Corp and Prudential Financial
Travelers
Peer Group Average1
Returns for each of the companies included in this peer group have been calculated based
upon a simple average over the respective periods presented
Total return to shareholders is the percentage change in the stock price and the cumulative
amount of dividends assuming dividend reinvestment to the stock price at the beginning of
the oneyear threeyear and fiveyear periods ending December