The Travelers Companies, Inc. announced consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported total revenues of $7,451 million compared with $7,193 million for the same period a year ago. Net income was $551 million compared with $943 million for the same period a year ago. Net income per diluted share was $1.98 compared with $3.28 for the same period a year ago. Return on equity was 9.3% compared with 15.8% for the same period a year ago. Net investment income was $601 million compared with $627 million for the same period a year ago. Income before income taxes was $860 million compared with $1,302 million for the same period a year ago. Core income in the current quarter was $633 million, or $2.28 per diluted share, compared to $919 million, or $3.20 per diluted share, in the prior year quarter. For the full year, the company reported total revenue of $28,902 million compared with $27,625 million for the same period a year ago. Net income was $2,056 million compared with $3,014 million for the same period a year ago. Net income per diluted share was $7.33 compared with $10.28 for the same period a year ago. Return on equity was 8.7% compared with 12.5% for the same period a year ago. Book value per share as $87.46 compared with $83.05 for the same period a year ago. Adjusted book value per share was $83.36 compared with $80.44 for the same period a year ago. Net investment income was $2,397 million compared with $2,302 million for the same period a year ago. Income before income taxes was $2,730 million compared with $4,053 million for the same period a year ago. Core income was $2.043 billion.