November 2003/5

Travelers Property Casualty Corporation became the latest insurer to announce positive news regarding a section of asbestos claims relating to statutory direct actions.

Bermudian reinsurer Everest Re has announced dividends of nine cents per share. The dividend will be paid on or before 19 December to all shareholders of record as of November 26, 2003.

Zurich Financial Services (ZFS) has posted Q3 2003 profits of $701mn, compared with a net loss of $763mn for the same period in 2002.