Fitch Affirms IFS of 7 Additional St. Paul Travelers Subsidiaries.CHICAGO -- Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. has affirmed the 'AA-' insurer financial strength (IFS) ratings of seven subsidiaries of The St. Paul St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery Travelers Companies The Travelers Companies (NYSE: TRV) is the second largest underwriter of commercial property casualty and personal insurance in the United States. The company is headquartered in St. Paul, Minnesota and has major operations in Hartford, Connecticut. , Inc. (STA). The Rating Outlook is Stable. Today's affirmations follow a press release issued yesterday wherein where·in adv. In what way; how: Wherein have we sinned? conj. 1. In which location; where: the country wherein those people live. 2. Fitch affirmed STA's other ratings. Yesterday's release ('Fitch Affirms St. Paul Travelers Debt Ratings at 'A-'; IFS at 'AA-'') is available on the Fitch Ratings web site at www.fitchratings.com. Additionally Fitch has withdrawn the ratings of one of STA's subsidiaries. The withdrawal is not a reflection of any change in credit fundamentals, but rather of a prior merger between two St. Paul Travelers subsidiaries. Fitch affirms the following companies' 'AA-' IFS ratings with a Stable Outlook: --First Floridian Auto and Home Insurance Company --First Trenton Indemnity Company --Travelers Auto Insurance Co. of New Jersey (formerly Red Oak Insurance Company) --Seaboard Surety Company --Travelers Casualty & Surety Company of America --Travelers Lloyds Insurance Company --Travelers Lloyds of Texas Insurance Company Fitch also withdraws the following company's 'AA-' IFS ratings: --Travelers Casualty & Surety Company of Canada Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used. In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide. of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental are also available from the 'Code of Conduct' section of this site. |
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