July 21, 2011
Travelers Cos. Inc. reported a second-quarter loss, missing analysts’ estimates by a huge margin as the property insurer suffered more than $1 billion in catastrophe losses from record-breaking tornadoes in April and May. Travelers warned in early June that it …
July 5, 2011
Travelers announced that it has added increased underwriting expertise to its UK, Ireland and Lloyd’s businesses with the appointment of two new Chief Underwriting Officers (CUO’s). The new CUO’s complement the appointments last year of Nick Rnjak and David Bourke. …
June 21, 2011
The Travelers Companies announced that the company has completed its acquisition of a 43 percent interest in JMalucelli Participações em Seguros e Resseguros S.A., the market leader in the surety insurance business in Brazil with a market share in excess …
May 27, 2011
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of Travelers Group and its property/casualty members, and affiliates, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate, …
May 10, 2011
Lisa Caputo is joining The Travelers Companies, Inc. as executive vice president for marketing and communications on June 1. Caputo joins Travelers from Citigroup, where she was managing director for the public sector group. Until recently, she served as executive …
April 18, 2011
The Travelers Companies announced that Sean Genden has been named CEO of Travelers Europe, charged with supporting its “strategic and growth initiatives in the European property and casualty market.” He previously served as COO of Travelers Europe, and will now …