UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported): March 30, 2005

                     The St. Paul Travelers Companies, Inc.
             (Exact name of registrant as specified in its charter)


           Minnesota                  001-10898                41-0518860
(State or other jurisdiction   (Commission File Number)       (IRS Employer
       of incorporation)                                 Identification Number)

           385 Washington Street                                  55102
           Saint Paul, Minnesota
  (Address of principal executive offices)                     (Zip Code)

                                 (651) 310-7911
              (Registrant's telephone number, including area code)

                                 Not Applicable
          (Former name or former address, if changed since last report)

     Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     |_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

     |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)

     |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

     |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))



Item 2.02.   Results of Operations and Financial Condition.
Item 2.05.   Costs Associated with Exit or Disposal Activities.

On March 30, 2005, The St. Paul Travelers Companies, Inc. (the "Company") issued
a press release announcing the expected financial statement impact of the
Company's planned disposition of its ownership in Nuveen Investments, Inc. The
press release is furnished as Exhibit 99 to this Report and is hereby
incorporated by reference in these Items 2.02 and 2.05.


Item 9.01.   Financial Statements and Exhibits.

      (c)    Exhibits.

Exhibit No.  Description

99        Press release issued by The St. Paul Travelers Companies, Inc., dated
          March 30, 2005.




                                   SIGNATURES

         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 hereunto duly authorized.

Date:    March 30, 2005          THE ST. PAUL TRAVELERS COMPANIES, INC.

                                 By:     /s/ Bruce A. Backberg
                                         --------------------------------
                                         Name:  Bruce A. Backberg
                                         Title: Senior Vice President




                                  EXHIBIT INDEX

Exhibit No.   Description

99            Press release issued by The St. Paul Travelers Companies, Inc.,
              dated March 30, 2005.