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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of Report (Date of earliest
event reported): February 10, 1994
THE ST. PAUL COMPANIES, INC.
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(Exact name of Registrant as specified in its charter)
Minnesota 0-3021 41-0518860
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(State of (Commission File (I.R.S. Employer
Incorporation) Number) Identification No.)
385 Washington St., St. Paul,MN 55102
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(Address of principal (Zip Code)
executive offices)
(612) 221-7911
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(Registrant's telephone number,
including area code)
N/A
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(Former name or former address, if changed since last
report)
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Item 5. Other Events.
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Filed herewith are statements derived from press
releases dated February 10 and 11, 1994, of the registrant
relating to its estimate of pretax losses from January
storms and the Los Angeles earthquake, and to the possibility
of its repurchase of up to one million of its common shares.
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
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An Exhibit Index is set forth as the next page in this
report.
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned thereunto duly
authorized.
THE ST. PAUL COMPANIES, INC.
By /s/ Bruce A. Backberg
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Bruce A. Backberg
Vice President
and Corporate Secretary
Date: February 14, 1994
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EXHIBIT INDEX
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How
Exhibit Filed
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(99) Additional exhibits . . . . . . . . . . . . . . . (1)
(1) Filed electronically under the EDGAR Operational Program.
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Exhibit 99
February 10, 1994 - JANUARY STORMS, L.A. EARTHQUAKE WILL
COST THE ST. PAUL $60-$65 MILLION.
The St. Paul Companies, today, February 10, announced that
the January storms in the eastern half of the United States
and the Los Angeles earthquake will result in approximately
$60-$65 million in pretax losses for the company. The
January storms generated about two-thirds of that loss. In
the first quarter of 1993, the company incurred $46 million
in pretax catastrophe losses; total catastrophe losses for
1993 were $62 million.
February 11, 1994 - THE ST. PAUL COMPANIES MAY REPURCHASE
SHARES OF OUTSTANDING COMMON STOCK.
The St. Paul Companies said today that it may repurchase up
to one million shares of its outstanding common stock from
time to time on the open market and through private
transactions.
The company expects to use the repurchased shares to meet the
needs of its stock-based employee compensation programs.
The company currently has 42.4 million common shares outstanding.