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Best Downgrades Key Traveler's Ratings

Monday, April 5, 2004 | 0

A.M. Best Co. has downgraded the financial strength rating to A+ (Superior) from A++ (Superior) of Travelers Property Casualty Pool (Travelers PC Pool) (Hartford, CT). The rating has been removed from under review and assigned a stable outlook. Concurrently, A.M. Best has affirmed the financial strength rating of A (Excellent) of the St. Paul Companies (St. Paul, MN). This rating has been removed from under review and assigned a positive outlook. A.M. Best has also downgraded the debt ratings to "a" from "aa-"on senior and to "a-" from "a+" on subordinated notes issued by Travelers Property ...

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