UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  November 4, 2010

 

The Travelers Companies, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

(917) 778-6000

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 8.01  Other Events.

 

On November 4, 2010, The Travelers Companies, Inc. (together with its subsidiaries, “Travelers”) issued a press release announcing that Travelers has entered into a definitive agreement to acquire approximately 43 percent of the common stock of J. Malucelli Participações em Seguros e Resseguros S.A., the market leader in Brazilian surety.  Travelers will make an initial investment of R$625 million (approximately US$370 million), subject to increase based on a Brazilian inter-bank lending rate (CDI) from January 1, 2011 through the closing.  Travelers will also have an option to increase its interest to up to 49.9 percent of the common stock of J. Malucelli within 18 months. The transaction is subject to customary closing conditions, including Brazilian regulatory approvals, and is expected to close in the first half of 2011.  A copy of the press release is attached hereto as Exhibit 99.1.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)               Exhibits.

 

Exhibit No.		Description
99.1		Press Release, dated November 4, 2010

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date:       November 8, 2010	THE TRAVELERS COMPANIES, INC.
	By:	/s/ Matthew S. Furman
		Name:   Matthew S. Furman
		Title:     Senior Vice President

 

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