Travelers Property & Casualty will have its class B shares included in the Standard & Poor’s 500 Index.
Travelers Property Casualty Chairman and CEO Robert Lipp, noted “I am very pleased that the hard work of our 20,000-plus employees throughout the U.S. has brought us to this milestone, where our size and strength—and a market capitalization of more than $16 billion in today’s marketplace—are acknowledged by the financial community.”
Was this article valuable?
Here are more articles you may enjoy.
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit
Business Interruption Claims Arising From the Middle East Conflict 

