Home | Business News | Browse by Publication | N | National Underwriter Property & Casualty-Risk & Benefits Management

Equitas settles Travelers claims for $245 million: over half of payments related to asbestos bodily injury losses, put in trust.

Publication: National Underwriter Property & Casualty-Risk & Benefits Management
Publication Date: 29-MAR-04
Format: Online
Delivery: Immediate Online Access
Full Article Title: Equitas settles Travelers claims for $245 million: over half of payments related to asbestos bodily injury losses, put in trust.(The News)(Equitas Holdings Ltd.)(Travelers Property Casualty Corp.)

Article Excerpt
EQUITAS HAS AGREED TO PAY Travelers Property Casualty Corp. $245 million to settle reinsurance claims, the bulk of them involving asbestos injuries, the Lloyd's runoff operation announced last week.

Equitas said payment for a comprehensive settlement between Travelers and Lloyd's of London underwriters reinsured by Equitas would be made on March 31.

Equitas said the payment will resolve all current and future claims...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from National Underwriter Property & Casualty-Risk & Benefits Management
Agency market share shifts to regional insurers: consolidation among n..., March 29, 2004
Bad comp structure can sink agency: paying the same commission rate fo..., March 29, 2004
What do you charge? It depends ... agency risk management consultant e..., March 29, 2004
N.Y. governor offers WC reform proposal.(News Flashes)(George Pataki )..., March 29, 2004
Regulators hesitate on med mal proposal: consumer groups slam report u..., March 29, 2004

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.