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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. [30] In June 2013, Travelers announced the acquisition of Dominion of Canada General Insurance Company from E-L Financial Corporation Limited (TSX: ELF). [31] The transaction later closed in November 2013.
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Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company based in New York City.The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank, and Travelers; Travelers was spun off from the company in 2002.
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The company primarily sells term life insurance, [1] as well as other financial services including auto and home insurance, mutual funds, and credit monitoring. [46] [8] In 2010, Primerica was reported to have over 100,000 representatives selling the company's financial products, with individual earnings averaging $5,156 per year. [4]
Cash App's parent company Block has been ordered to pay $175 million to users and the Consumer Financial ... could only contact customer service through the app or U.S. mail, the bureau alleges ...
The Travelers Companies, AXIS Capital and Fidelity National Financial have been highlighted in this Industry Outlook article.