St Paul Travelers boosted by market position

In November 2005, Standard & Poor's (S&P) revised its outlook on St Paul Travelers Cos. and the members of the St Paul Travelers Insurance Group to positive from stable. At the same time, Standard & Poor's affirmed its 'BBB+' counterparty credit rating on St. Paul Travelers and its 'A+' counterparty credit and financial strength ratings on the operating companies, which include St. Paul Travelers Insurance Co, the UK-based part of the operation.

These rating actions are based on the group's