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Share Name | Share Symbol | Market | Type |
---|---|---|---|
The Travelers Companies Inc | NYSE:TRV | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.52 | -0.24% | 213.85 | 214.36 | 211.19 | 213.08 | 1,298,446 | 01:00:00 |
The Travelers Companies, Inc. (NYSE: TRV) today announced that it has made a strategic minority investment in Fidelis Insurance Holdings Limited, a privately owned, global insurer. Terms of the transaction were not disclosed.
Fidelis offers specialty, bespoke and reinsurance products. The company also has a fee income business, which supports its insurance operations.
“We are pleased to invest in a talented and proven management team and look forward to gaining insights from them into the specialty, non-admitted market,” said Greg Toczydlowski, Executive Vice President and President of Business Insurance at Travelers. “As an innovative company with a successful track record, Fidelis is an excellent fit for our investment appetite.”
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has approximately 30,000 employees and generated revenues of approximately $32 billion in 2020. For more information, visit Travelers.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210714005451/en/
Investors: Abbe Goldstein, 917.778.6825
Media: Patrick Linehan, 917.778.6267
1 Year The Travelers Companies Chart |
1 Month The Travelers Companies Chart |
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