Travelers’ Joint Venture with J. Malucelli to Acquire Majority Interest in Colombian Surety Start-Up
NEW YORK – 12/10/2014 –(BUSINESS WIRE)– The Travelers Companies, Inc. (NYSE: TRV) today announced that its joint venture with J. Malucelli in Brazil will acquire a majority interest in Cardinal Compañía de Seguros, a Colombian start-up surety provider. The business will be co-branded as J. Malucelli Travelers. It will continue to be based in Bogotá. […]