Fitch Affirms Travelers' Ratings; Outlook Stable

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The Travelers Companies Q1 13 Earnings Conference Call At 9:30 AM ET

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6/15/2012 5:18 PM ET

Fitch Ratings said Friday that it has affirmed its ratings on The Travelers Companies, Inc. (TRV: Quote), including the 'A+' Issuer Default Rating.

The Rating Outlooks are Stable.

Fitch said Travelers Companies' ratings continue to be founded on its strong competitive position, history of solid earnings and prudent capital management.

A heavy catastrophe year in 2011 challenged Travelers Companies' earnings, Fitch note and added that it continues to monitor the company's investment concentration in municipal bonds.

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by RTT Staff Writer

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