Wells Fargo’s Greenspan: TRV BI underlying margin improvement not sustainable

Investors reacted positively to a record quarter and strong earnings beat at Travelers, sending its shares up almost 7 percent on Friday, but Wells Fargo analyst Elyse Greenspan said the underlying margin improvement reported in business insurance is unlikely to be sustainable.


Want to read this article?


For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929


    Andy Stone

    Sales manager

    +44 (0) 7834 843176