The Travelers Companies reported fourth-quarter net income of $988 million, or $2.70 a share, up from $304 million or 78 cents a share a year earlier.Operating income was $981 million, or $2.68 per share, up from $278 million or 72 cents a share in fourth quarter 2012. The company attributed the income gains to lower catastrophe losses.Full-year net income was $3.67 billion, up from $2.47 billion in 2012.The quarter also showed:Return on equity and operating return of 15.9% and 16.8% respectively.Record full year net income per diluted share of $9.74, generating return on equity of 14.6%.Writt...
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