Travelers Estimates Impact of UK Ogden Discount Rate Change
Travelers expects to record an increase to prior year loss reserves of approximately
About Travelers
Forward-Looking Statements
All statements in this press release, other than statements of historical facts, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results of matters addressed in these forward-looking statements involve risks and uncertainties, including that the recent decision reducing the discount rate goes into effect as and when expected, and may differ substantially from those expressed or implied. Some of the factors that could cause actual results to differ are discussed under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the company’s most recent Form 10-K filed with the
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