RTTNews | Jul 14, 2021 06:11AM EDT

06:10 Wednesday, July 14, 2021 (RTTNews.com) - Property casualty insurer Travelers Companies, Inc. (TRV) announced Wednesday that it has made a strategic minority investment in Fidelis Insurance Holdings Limited, a privately owned, global insurer. The financial terms of the deal were not disclosed.

Fidelis offers specialty, bespoke and reinsurance products. The company also has a fee income business, which supports its insurance operations.

Greg Toczydlowski, Executive Vice President and President of Business Insurance at Travelers, said, "As an innovative company with a successful track record, Fidelis is an excellent fit for our investment appetite."

Read the original article on RTTNews ( https://www.rttnews.com/3208943/travelers-reveals-minority-investment-in-privately-owned-fidelis-insurance-terms-not-disclosed.aspx)

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