$TRV RESULTS: Q3 🔸 Net premiums written $11.32B, +7.9% y/y, EST $11.36B 🔸 Core EPS $5.24 vs. $1.95 y/y 🔸 Revenue $11.90B, +12% y/y, EST $11.71B 🔸 ADJ book value per share $131.30 vs. $115.78 y/y, EST $130.32 🔸 Net investment income $904M, +18% y/y, EST $885.5M 🔸 Core ROE 19.2% 🔸 Underlying combined ratio 85.6% vs. 90.6% y/y, EST 90.2% 🔸 Book value per share $122 vs. $87.47 y/y, EST $112.71 🔸 Consolidated combined ratio 93.2% vs. 101% y/y, EST 97.2%