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Stock Market & Financial Investment News

News Breaks
December 5, 2012
17:03 EDTTRVTravelers increases its ownership in its J. Malucelli JV
The Travelers Companies announced today that it has increased its ownership stake in J. Malucelli Participações em Seguros e Resseguros S.A., its joint venture in Brazil, by exercising a pre-existing option to purchase newly issued shares. As a result, Travelers has increased its stake in J. Malucelli from 43.4 percent to 49.5 percent.
News For TRV From The Last 14 Days
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January 27, 2016
06:59 EDTTRVAIG goals look too optimistic, says Deutsche Bank
Deutsche Bank analyst Joshua Shanker says that if AIG (AIG) hits its stated goal of 600 basis point reduction in Commercial P&C loss ratio through 2017, its core loss ratio would be better than both Travelers (TRV) and the new Chubb (CB). Shanker views the goal as too optimistic and is not modeling for it entirely in his model. He keeps a Hold rating on AIG with a $60 price target.

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