TRV » Topics » Goodwill

This excerpt taken from the TRV 10-Q filed Apr 30, 2009.

Goodwill

 

The following table presents the carrying amount of the Company’s goodwill by segment at March 31, 2009 and December 31, 2008:

 

(in millions)

 

March 31,
2009

 

December 31,
2008

 

Business Insurance

 

$

2,168

 

$

2,168

 

Financial, Professional & International Insurance

 

556

 

556

 

Personal Insurance

 

613

 

613

 

Other

 

27

 

29

 

Total

 

$

3,364

 

$

3,366

 

 

These excerpts taken from the TRV 10-K filed Feb 19, 2009.

Goodwill

        The following table presents the carrying amount of the Company's goodwill by segment at December 31, 2008 and 2007:

(in millions)
  2008   2007  

Business Insurance

  $ 2,168   $ 2,168  

Financial, Professional & International Insurance

    556     555  

Personal Insurance

    613     613  

Other

    29     30  
           
 

Total

  $ 3,366   $ 3,366  
           

Goodwill



        The following table presents the carrying amount of the Company's goodwill by segment at December 31, 2008 and 2007:




























































































(in millions)



 2008  2007  

Business Insurance

  $2,168  $2,168 

Financial, Professional & International Insurance

   556   555 

Personal Insurance

   613   613 

Other

   29   30 
      
 

Total

  $3,366  $3,366 
      




This excerpt taken from the TRV 10-Q filed Oct 22, 2008.

Goodwill

 

The following table presents the carrying amount of the Company’s goodwill by segment at September 30, 2008 and December 31, 2007:

 

(in millions)

 

September 30,
2008

 

December 31,
2007

 

Business Insurance

 

$

2,168

 

$

2,168

 

Financial, Professional & International Insurance

 

556

 

555

 

Personal Insurance

 

613

 

613

 

Other

 

29

 

30

 

Total

 

$

3,366

 

$

3,366

 

 

20



Table of Contents

 

THE TRAVELERS COMPANIES, INC. AND SUBSIDIARIES

 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited), Continued

 

5.

GOODWILL AND OTHER INTANGIBLE ASSETS, Continued

 

This excerpt taken from the TRV 10-Q filed Jul 23, 2008.

Goodwill

 

The following table presents the carrying amount of the Company’s goodwill by segment at June 30, 2008 and December 31, 2007:

 

(in millions)

 

June 30,
2008

 

December 31,
2007

 

Business Insurance

 

$

2,168

 

$

2,168

 

Financial, Professional & International Insurance

 

554

 

555

 

Personal Insurance

 

613

 

613

 

Other

 

30

 

30

 

Total

 

$

3,365

 

$

3,366

 

 

20



Table of Contents

 

THE TRAVELERS COMPANIES, INC. AND SUBSIDIARIES

 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited), Continued

 

5.        GOODWILL AND OTHER INTANGIBLE ASSETS, Continued

 

This excerpt taken from the TRV 10-Q filed Apr 24, 2008.

Goodwill

 

The following table presents the carrying amount of the Company’s goodwill by segment at March 31, 2008 and December 31, 2007:

 

(in millions)

 

March 31,
2008

 

December 31,
2007

 

Business Insurance

 

$

2,168

 

$

2,168

 

Financial, Professional & International Insurance

 

555

 

555

 

Personal Insurance

 

613

 

613

 

Other

 

30

 

30

 

Total

 

$

3,366

 

$

3,366

 

 

19



 

THE TRAVELERS COMPANIES, INC. AND SUBSIDIARIES

 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited), Continued

 

These excerpts taken from the TRV 10-K filed Feb 21, 2008.

Goodwill

        The following table presents the carrying amount of the Company's goodwill by segment at December 31, 2007 and 2006:

(at December 31, in millions)

  2007
  2006
Business Insurance   $ 2,168   $ 2,168
Financial, Professional & International Insurance     555     551
Personal Insurance     613     613
Other     30     106
   
 
  Total   $ 3,366   $ 3,438
   
 

        During the year ended December 31, 2007, the Company effectively settled IRS tax examinations for all years through December 31, 2004. Previously unrecognized tax benefits of $63 million related to the IRS settlement were recognized through a reduction of goodwill in 2007.

Goodwill



        The following table presents the carrying amount of the Company's goodwill by segment at December 31, 2007 and 2006:








































































(at December 31, in millions)

 2007
 2006
Business Insurance $2,168 $2,168
Financial, Professional & International Insurance  555  551
Personal Insurance  613  613
Other  30  106
  
 
 Total $3,366 $3,438
  
 




        During
the year ended December 31, 2007, the Company effectively settled IRS tax examinations for all years through December 31, 2004. Previously unrecognized tax benefits
of $63 million related to the IRS settlement were recognized through a reduction of goodwill in 2007.



This excerpt taken from the TRV 10-Q filed Oct 25, 2007.

Goodwill

 

The following table presents the carrying amount of the Company’s goodwill by segment at September 30, 2007 and December 31, 2006:

 

(in millions)

 

September 30,
2007

 

December 31,
2006

 

Business Insurance

 

$

2,168

 

$

2,168

 

Financial, Professional & International Insurance

 

555

 

551

 

Personal Insurance

 

613

 

613

 

Other

 

30

 

106

 

Total

 

$

3,366

 

$

3,438

 

 

During the nine months ended September 30, 2007, the Company effectively settled IRS tax examinations for all years through December 31, 2004. Previously unrecognized tax benefits of $63 million related to the IRS settlement were recognized through a reduction of goodwill during the second quarter of 2007.

 

This excerpt taken from the TRV 10-Q filed Jul 26, 2007.

Goodwill

The following table presents the carrying amount of the Company’s goodwill by segment at June 30, 2007 and December 31, 2006:

(in millions)

 

June 30,
2007

 

December 31,
 2006

 

Business Insurance

 

$

2,168

 

$

2,168

 

Financial, Professional & International Insurance

 

555

 

551

 

Personal Insurance

 

613

 

613

 

Other

 

30

 

106

 

Total

 

$

3,366

 

$

3,438

 

 

During the six months ended June 30, 2007, the Company effectively settled IRS tax examinations for all years through December 31, 2004.  Previously unrecognized tax benefits of $63 million related to the IRS settlement were recognized through a reduction of goodwill during the second quarter of 2007.

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