Travelers/Zurich not Merging

Travelers/Zurich not Merging

19 March 2006 · No Comments

At least that’s what’s being reported on WSJ Online:

The property-casualty insurer doesn’t ordinarily comment on or respond to rumors or speculation, but in this case St. Paul Travelers said it’s issuing the denial because of the “factual and definitive manner” in which the purported Zurich talks were reported to be taking place.

In other words, Dow Jones just said “oops, our bad”.

Tags: Big Business · Insurance