St. Paul Travelers
Stock Symbol: STA
385 Washington St.
St. Paul Travelers Industry:
St. Paul Travelers Description:
The St. Paul Companies, headquartered in Saint Paul, Minn., USA, provides commercial property-liability insurance and non-life reinsurance worldwide. The St. Paul reported 2001 revenues from continuing operations of $8.9 billion and total assets of $38.3 billion.
St. Paul Travelers Financial Summary:
St. Paul Travelers Business Summary:
The St. Paul Travelers Companies, Inc., through its subsidiaries, provides commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals. The company operates through four segments: Commercial, Specialty, Personal, and Asset Management. The Commercial segment offers various property and casualty insurance and insurance-related services to its clients, through independent agencies and brokers in the United States. The Specialty segment provides various standard and specialized insurance coverages and services through dedicated underwriting, claims handling, and risk management groups. The Personal segment writes various types of property and casualty insurance covering personal risks. Its products are distributed through independent agents and sponsoring organizations, such as employee and affinity groups, as well as joint marketing arrangements with other insurers. The Asset Management segment engages in asset management and related research, as well as the development, marketing, and distribution of investment products and services for the affluent, high-net-worth, and institutional market segments. It distributes its investment products and services, including individually managed accounts, closed-end exchange-traded funds, and mutual funds, to the affluent and high-net-worth market segments through unaffiliated intermediary firms, including broker/dealers, commercial banks, affiliates of insurance providers, financial planners, accountants, consultants, and investment advisors. In addition, the Asset Management segment also provides managed account services to several institutional market segments and channels. The St. Paul Travelers Companies is headquartered in St. Paul, Minnesota.