Standard & Poor's Ratings Services upgraded St. PaulTravelers Companies' ratings, as the company announced plans tomarket the Travelers brand in an upcoming advertising campaign.
The New York-based rating firm raised the St. Paul, Minn.-basedoperating company members' financial strength and counterpartycredit ratings from "A-plus" to "double-A-minus." It also raisedSt. Paul Travelers' counterparty credit rating from "triple-B-plus"to "A-minus."
S&P in making the move noted the insurer's stability andstrong marketing position, and said the outlook on all thecompanies is stable.
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