The Travelers Companies, Inc. (Co.) | Report on climate-related pricing and coverage decisions at The Travelers Companies, Inc. (Co.)

Status
Filed
AGM date
Previous AGM date
Proposal number
5
Resolution details
Company ticker
TRV
Lead filer
As You Sow
Resolution ask
Report on or disclose
ESG theme
  • Environment
ESG sub-theme
  • Climate change
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Financials
Company HQ country
United States
Resolved clause
Shareholders request that Travelers provide, in its existing climate reporting, the expected impact of climate-related pricing and coverage decisions on the sustainability of its homeowners' insurance customer base under a range of climate scenarios in the near, medium, and long-term.
Supporting statement
SUPPORTING STATEMENT: At management discretion, shareholders suggest Travelers address, for each time frame, the:•Projected percentage of policies not insurable due to climate risk;•Projected climate-related policy non-renewals and rate increases;•Related profitability impact;•Risks to Travelers and its investments from associated climate-related municipal bond and housing market bubbles

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