• Travelers average pre-tax profit margin for 2023 was 7.1%, a 37.66% increase from 2022.
• Travelers average pre-tax profit margin for 2022 was 11.39%, a 8.88% decline from 2021.
• Travelers average pre-tax profit margin for 2021 was 12.5%, a 44.68% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.