Travelers announces strategic minority investment in fidelis

New york--(business wire)--the travelers companies, inc. (nyse: trv) today announced that it has made a strategic minority investment in fidelis insurance holdings limited, a privately owned, global insurer. terms of the transaction were not disclosed. fidelis offers specialty, bespoke and reinsurance products. the company also has a fee income business, which supports its insurance operations. “we are pleased to invest in a talented and proven management team and look forward to gaining insigh
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