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The Travelers Companies, Inc. (TRV)

On Feb 9: 49.57 USD  Up 0.52 (1.06%)  
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The Travelers Companies, Inc.
485 Lexington Avenue
New York, NY 10017
Phone: 917-778-6000
Web Site: http://www.travelers.com

DETAILS
Index Membership: Dow Jones Composite
Dow Industrials
S&P 500
S&P 1500 Super Comp
Sector: Financial
Industry: Property & Casualty Insurance
Employees (last reported count): 30,000

BUSINESS SUMMARY
The Travelers Companies, Inc., a holding company, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. The company operates in three segments: Business Insurance; Financial, Professional, and International Insurance; and Personal Insurance. Business Insurance segment offers property and casualty products and services, such as commercial multi-peril, property, general liability, commercial auto, and workersÂ’ compensation insurance. It operates in six groups: Select Accounts, which serves small businesses; Commercial Accounts that serves mid-sized businesses; National Accounts, which serves large companies; Industry-Focused Underwriting that serves targeted industries; Target Risk Underwriting, which serves commercial businesses requiring specialized product underwriting, claims handling, and risk management services; and Specialized Distribution that offers products to customers through licensed wholesale, general, and program agents. Financial, Professional, and International Insurance segment provides surety and financial liability coverage, which requires a credit-based underwriting process, and property and casualty products primarily in the U.S., the United Kingdom, Ireland, and Canada. Personal Insurance segment offers property and casualty insurance covering personal risks, including primarily automobile and homeowners insurance to individuals. It distributes its products through independent agents, sponsoring organizations, joint marketing arrangements with other insurers, and direct marketing. The Travelers Companies was formerly known as The St. Paul Travelers Companies, Inc. and changed its name to The Travelers Companies, Inc. in February 2007. The company was founded in 1853 and is headquartered in St. Paul, Minnesota. The Travelers Companies, Inc. operates independently of Citigroup, Inc. as of August 20, 2002.
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    OFFICERS
      Pay Exercised
    Mr. Jay S. Fishman , 57
    Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    $ 6.00M $ 0
    Mr. Brian W. MacLean , 56
    Pres and Chief Operating Officer
    $ 3.20M $ 23.00K
    Mr. Jay S. Benet , 57
    Vice Chairman and Chief Financial Officer
    $ 2.65M $ 1.00K
    Mr. William H. Heyman , 61
    Vice Chairman and Chief Investment Officer
    $ 3.55M $ 0
    Mr. Alan D. Schnitzer , 44
    Vice Chairman, Chief Legal Officer and Exec. VP of Financial, Professional & International Insurance
    $ 2.35M $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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