Travelers 2014 Annual Report Download - page 78

Table of Contents
SHAREHOLDER RETURN PERFORMANCE GRAPH
The following graph shows a five
- year comparison of the cumulative total return to shareholders for the Company's common stock and the
common stock of companies included in the S&P 500 Index and the S&P 500 Property & Casualty Insurance Index, which the Company believes is
the most appropriate comparative index.
COMPARISON OF CUMULATIVE FIVE YEAR TOTAL RETURN TO SHAREHOLDERS(1)
(1)
The cumulative return to shareholders is a concept used to compare the performance of a company's stock over time and is the ratio of the
net stock price change plus the cumulative amount of dividends over the specified time period (assuming dividend reinvestment), to the
stock price at the beginning of the time period.
(2)
Assumes $100 invested in common shares of The Travelers Companies, Inc. on December 31, 2009.
(3)
Companies in the S&P 500 Property - Casualty Insurance Index as of December 31, 2014 were the following: The Travelers Companies, Inc.,
The Chubb Corporation, Cincinnati Financial Corporation, The Progressive Corporation, The Allstate Corporation, XL Group plc, and ACE
Limited.
Returns of each of the companies included in this index have been weighted according to their respective market capitalizations.
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