AM Best Assigns Issue Credit Rating to The Travelers Companies, Inc. New Senior Unsecured Notes

JULY 24, 2026 01:44 PM (EDT)

AM Best Assigns Issue Credit Rating to The Travelers Companies, Inc. New Senior Unsecured Notes

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FOR IMMEDIATE RELEASE

OLDWICK - JULY 24, 2026 01:44 PM (EDT)
AM Best has assigned a Long-Term Issue Credit Rating of "a+" (Excellent) to $750 million 4.95% senior unsecured notes, due July 2031, issued by the Travelers Companies, Inc. (Travelers) (headquartered in New York, NY). The outlook assigned to this Credit Rating (rating) is stable. The net proceeds of the issuance are expected to be used for general corporate purposes.

Through second-quarter 2026, Travelers' financial leverage ratio is 21.4%, as calculated by AM Best. Additionally, interest coverage is strong, and liquidity remains supportive with solid cash flows. As a result of the issuance, financial leverage is expected to increase slightly, although remains in-line with the company's long-term target and within AM Best's rating guidelines.

This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings (BCR), Best's Performance Assessments (PA), Best's Preliminary Credit Assessments (PCA) and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.