St. Paul Travelers has completed combining its two major insurance pools, the Travelers Property Casualty Pool and select companies of the St. Paul Insurance Group.
The St. Paul, Minn.-based carrier said that the combination has received all regulatory approvals and is effective July 1, retroactive to Jan. 1.
Shane Boyd, a spokesman for the carrier said the carrier decided to join the two pools to increase flexibility in capital.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
