NEW YORK, Aug 25 (Reuters) – A New York state choose has awarded Travelers Cos ( TRV.N ) $262.3 million plus interest in a 17-year-old reinsurance case over asbestos protection whose details date again to the late Forties.
Travelers final month mentioned it will pay about $1.1 billion to buy Dominion of Canada General Insurance Co to spice up its presence in the Canadian market. Accommodations details: identify, tackle, telephone number, and relevant confirmation numbers for your the place you may be staying. The broader Dow Jones Insurance IndexDJUSIR, which includes Travelers and peers similar to Chubb Corp ( CB.N ) and AIG ( AIG.N ), fell 3 p.c. Travelers invests a whole lot of its insurance premiums in investment grade bonds, which helped the company come out of the monetary crisis in a good condition.
Some moments you may remember without end: eating barbecued rooster and steamed corn within … Read more