Travelers 2011 Annual Report Download - page 227
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THE TRAVELERS COMPANIES, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
9. SHAREHOLDERS’ EQUITY AND DIVIDEND AVAILABILITY (Continued)
without prior approval of the Connecticut Insurance Department. The Company may choose to
accelerate the timing within 2012 and/or increase the amount of dividends from its insurance
subsidiaries in 2012, which could result in certain dividends being subject to approval by the
Connecticut Insurance Department. The holding company received $2.33 billion of dividends from its
domestic insurance subsidiaries in 2011.
Statutory Net Income and Policyholder Surplus
Statutory net income of the Company’s domestic and international insurance subsidiaries was
$1.50 billion, $3.69 billion and $3.90 billion for the years ended December 31, 2011, 2010 and 2009,
respectively. Policyholder surplus of the Company’s domestic and international insurance subsidiaries
was $19.17 billion and $20.07 billion at December 31, 2011 and 2010, respectively.
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