St. Paul Travelers Completes Combination of Major Insurance Pools

July 13, 2005

Property/casualty insurer St. Paul Travelers has completed its previously announced initiative to combine its two major insurance pools. Specifically, the Travelers Property Casualty Pool and certain companies of the St. Paul Insurance Group have now been combined.

The combination has received all required regulatory approvals and is effective July 1, 2005, retroactive to Jan. 1, 2005. Additionally, the company has merged Gulf Insurance Co. into Travelers Indemnity Co., the lead company of the newly combined pool, effective July 1, 2005.

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