The Travelers Companies Inc. has estimated impact of the recent decision by the UK Ministry of Justice to reduce the discount rate applied to lump-sum bodily injury payouts, known as the Ogden rate, from +2.5 percent to -0.75 percent. Travelers …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of the UK-based Travelers Insurance Company Limited (TICL), both with stable outlooks. “TICL is expected to maintain excellent …
Travelers London office announced that Richard Coello has been promoted to the role of Assistant General Manager responsible for Professional Risks for Travelers Insurance Company Ltd. He will be responsible for all aspects of professional and financial lines, including financial …
