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RELIANCE INSURANCE DECLARES QUARTERLY DIVIDEND ON PREFERRED STOCK

 PHILADELPHIA, Oct. 5 /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 Jan. 1, 1994 to shareholders of record as of Dec. 15, 1993. The shares are listed on the Philadelphia Stock Exchange under the symbol RIC Pr A.
 Headquartered in Philadelphia, Reliance Insurance Company with its subsidiaries, is a major property and casualty stock insurance group. Reliance Insurance is the largest subsidiary of Reliance Group Holdings, Inc., headquartered in New York. Reliance Group Holdings has major operations in property and casualty and title insurance.
 -0- 10/5/93
 /CONTACT: Brian T. Martin, vice president - communications of Reliance Group Holdings, 212-909-1247/


CO: Reliance Insurance Company ST: Pennsylvania IN: INS SU: DIV

MP-WB -- NY048 -- 8871 10/05/93 12:45 EDT
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Publication:PR Newswire
Date:Oct 5, 1993
Words:140
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