November 4, 2011

ASBESTOS UPDATE: Travelers Cos. Records $114MM Reserves Increase

COMPANIES: Travelers Cos Inc, The
Subscribe

The Travelers Companies, Inc.’s favorable prior year reserve development in the current quarter included a US$114 million after-tax (US$175 million pre-tax) increase to asbestos reserves, compared to a US$91 million after-tax (US$140 million pre-tax) increase in the prior year quarter,…

TO CONTINUE READING,LOGIN or
TOPICS: Asbestos | Commercial Services | General News | Legal Issues, Litigation | Leisure/Travel
LOCATIONS: New York | United States