Third quarter net income at Travelers Companies dropped 31%, compared with the same period a year ago, to $454 million. The P/C insurer said net income fell due to lower core income – $526 million compared with $655 million last …
The Travelers Companies Inc. announced that it has agreed to acquire a majority interest in the property and casualty business of its J. Malucelli Participações em Seguros e Resseguros S.A. joint venture in Brazil. J. Malucelli commenced writing P&C business …
The Travelers Companies, Inc. announced that Matthew Wilson has been appointed Chief Executive Officer of Travelers Europe, subject to regulatory approval. He has served as Chief Operating Officer of Travelers Europe since 2012. Kevin Smith, President of Travelers International, described …
A.M. Best has upgraded the financial strength rating (FSR) to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit ratings (ICR) to “aa+” from “aa” of the property/casualty subsidiaries of The Travelers Companies, Inc. (TRV), also known as Travelers Group, …
The Travelers Companies, Inc. announced the completion of its acquisition of The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited. The combined organization, which will be referred to as Travelers Canada, will remain headquartered in Toronto. “The …
