/Travelers%20Companies%20Inc_%20phone%20and%20website-by%20T_Schneider%20via%20Shutterstock.jpg)
New York-based the Travelers Companies, Inc. (TRV) operates a holding company focused on providing commercial and personal property & casualty insurance products and services. Valued at $58.4 billion by market cap, Travelers operates through Business Insurance, Bond & Specialty Insurance, and Personal Insurance segments.
Companies worth $10 billion or more are generally described as “large-cap stock,” Travelers fits this bill perfectly. Given the company's decades long history and extensive operations, its valuation above this mark is unsurprising.