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RELIANCE INSURANCE DECLARES QUARTERLY DIVIDEND ON PREFERRED STOCK

 PHILADELPHIA, Feb. 11 /PRNewswire/ -- The board of directors of Reliance Insurance Company today declared the regular quarterly dividend on its Series A Preferred Stock in the amount of $.67 per share, payable April 1, 1993 to shareholders of record as of March 15, 1993. The shares are listed on the Philadelphia Stock Exchange (symbol RIC Pr A).
 Headquartered in Philadelphia, Reliance Insurance Company, with its subsidiaries, is a major property and casualty stock insurance group and is represented by more than 3,000 independent insurance agents in the United States.
 Reliance Insurance is the largest subsidiary of Reliance Group Holdings, Inc., headquartered in New York City. Reliance Group Holdings has major operations in property and casualty, life and title insurance.
 -0- 2/11/93
 /CONTACT: Brian T. Martin, vice president communications of Reliance Group Holdings, Inc., 212-909-1247/
 (REL)


CO: Reliance Insurance Company; Reliance Group Holdings, Inc. ST: Pennsylvania IN: INS SU: DIV

KD-KW -- NY047 -- 5714 02/11/93 12:38 EST
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Publication:PR Newswire
Date:Feb 11, 1993
Words:161
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