Travelers Property Casualty Corp. - TAP- Profile

Travelers Property Casualty Corp. provides a wide range of property and casualty insurance. The products and services of the company are offerred to businesses, government units, associations and individuals. The company operates in two business segments: commercial and personal lines. The commercial lines provides workers compensation, general liability, commercial multi-peril, commercial automobile, property, fidelity and surety and other miscellaneous coverages. The personal lines include personal automobile and homeowners insurance sold to individuals. The company also provides other products including coverage for boats, personal articles such as jewelry and umbrella liability protection. Approximately an amount of $47 million had been incurred as of June 1999 towards the company's Year 2000 expenses. Premiums accounted for 76% of 1999 revenues; investment income, 20% and other, 4%.