In November 2010, Travelers entered into a joint venture agreement under which the company would invest in J. Malucelli Participações em Seguros e Resseguros S.A., the market leader in the surety insurance business in Brazil. The transaction closed in June 2011 with Travelers acquiring a 43.4 percent interest. Travelers' investment in newly issued shares significantly increased J. Malucelli's capital level, positioning it for substantial growth in Brazil. At the time, Travelers had the option to increase its investment to retain a 49.5 percent interest, which the company later did in 2012.
Wilderness Adventures: Getting close to nature can be an experience of a lifetime, especially for those of us who spend most of our time working at a desk. There are many cool tours and safaris to go on in the United States that are great for kids and grown-ups alike. See the amazing Aurora Borealis (Northern Lights), polar bears, moose and other wildlife on one of the national parks or sign up for a week-long adventure. Find great things to do in the U.S.
Nearly everyone likes a diverse choice of things to see and do on vacation, from museums and historic attractions to tours and adventures. Popular actities include paddleboarding, horseback riding, swimming, tennis, golf, film festivals, skiing in Aspen, ziplining, kayaking tours, surfing, waterpark rides, amusement park rides, mini golf and other cool things to do.
Europeans flock to the Canary Islands in winter in search of a little sun. Temperatures range between 70°F and 75°F through January and February.On Tenerife stands one of Europe’s loftiest peaks, Mount Teide, snowcapped in winter against a deep blue sky. You can watch whales or sail over to Gomera, which was the final stop Columbus made before he set out and discovered America.
In March 2017, Travelers agreed to acquire UK-based Simply Business from Aquiline Capital Partners for approximately $490 million. Simply Business is a leading U.K. distributor of small business insurance policies, offering products online on behalf of a broad panel of carriers. It has more than 425,000 microbusiness customers covering more than 1,000 classes of business, and was named “Best Company to Work For” by The Sunday Times in 2015 and 2016. The transaction adds to Travelers' digital capabilities.