Travelers 2004 Annual Report Download - page 12
Download and view the complete annual report
Please find page 12 of the 2004 Travelers annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2 -
3 -
4 -
5 -
6 -
7 -
8 -
9 -
10 -
11 -
12 -
13 -
14 -
15 -
16 -
17 -
18 -
19 -
20 -
21 -
22 -
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
 |
 |
The St. Paul Travelers Companies, Inc.
Annual Report on Form 10-K
For Fiscal Year Ended December 31, 2004
TABLE OF CONTENTS
Item Number Page
Part I
1. Business ................................................................. 1
2. Properties ................................................................ 45
3. Legal Proceedings ......................................................... 45
4. Submission of Matters to a Vote of Security Holders .............................. 50
Part II
5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer
Purchases of Equity Securities .............................................. 51
6. Selected Financial Data ..................................................... 52
7. Management’s Discussion and Analysis of Financial Condition and Results of
Operations ............................................................. 53
7A. Quantitative and Qualitative Disclosures About Market Risk ........................ 110
8. Financial Statements and Supplementary Data ................................... 112
9. Changes in and Disagreements With Accountants on Accounting and Financial
Disclosure .............................................................. 197
9A. Controls and Procedures .................................................... 197
9B. Other Information ......................................................... 200
Part III
10. Directors and Executive Officers of the Registrant ................................ 202
11. Executive Compensation .................................................... 205
12. Security Ownership of Certain Beneficial Owners and Management and Related
Stockholder Matters ...................................................... 205
13. Certain Relationships and Related Transactions .................................. 206
14. Principal Accounting Fees and Services ........................................ 206
Part IV
15. Exhibits and Financial Statement Schedules ..................................... 207
Signatures ................................................................ 208
Index to Consolidated Financial Statements and Schedules ......................... 210
Exhibit Index ............................................................. 218