Travelers Companies Inc (TRV)
1 Sep 2015
Aug 4 - Property and casualty insurer Travelers Cos Inc said on Tuesday that Chief Executive Officer Jay Fishman, who last year disclosed he had a neuromuscular condition, will step down, as Fishman said he may be battling ALS.
Aug 4 - Property and casualty insurer Travelers Cos Inc said on Tuesday Alan Schnitzer would take over as chief executive from Jay Fishman, effective Dec. 1.
Aug 4 - Property and casualty insurer Travelers Cos Inc said on Tuesday Chief Executive Jay Fishman will step down, and Alan Schnitzer will succeed him.
- Property and casualty insurer Travelers Cos Inc reported a stronger-than-expected quarterly operating profit as catastrophe losses halved and underwriting gains doubled.
* Shares rise marginally (Adds comment from conference call; updates shares)
July 21 - Property and casualty insurer Travelers Cos Inc reported a 19 percent rise in quarterly net profit as catastrophe losses almost halved and it recorded $32 million from the resolution of tax issues from last year.
NEW YORK - Connecticut Governor Dannel Malloy on Friday proposed cutting planned business taxes by $223.7 million over two years after several large corporations threatened to leave the state.
NEW YORK, June 12 - Connecticut Governor Dannel Malloy on Friday proposed cutting planned business taxes by $223.7 million over two years after several large corporations threatened to leave the state.
(The following statement was released by the rating agency) CHICAGO, June 09 (Fitch) Fitch Ratings has affirmed its ratings on The Travelers Companies, Inc. (NYSE: TRV) as follows: --Issuer Default Rating (IDR) at 'A+'; --Senior unsecured notes at 'A'; --Subordinated notes at 'BBB+'; --Insurer Financial Strength (IFS) on insurance company subsidiaries at 'AA'. A full list of rating actions follows at the end of this release. The Rating Outlooks are Stable. KEY RATING DRIVERS TRV's ratings
- Property and casualty insurer Travelers Cos Inc's quarterly net profit fell 21 percent, narrowly missing analysts' estimates, as low interest rates and a drop in value of its energy investments squeezed the company's net investment income.
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