In November 2010, Travelers entered into a joint venture agreement under which the company would invest in J. Malucelli Participações em Seguros e Resseguros S.A., the market leader in the surety insurance business in Brazil. The transaction closed in June 2011 with Travelers acquiring a 43.4 percent interest. Travelers' investment in newly issued shares significantly increased J. Malucelli's capital level, positioning it for substantial growth in Brazil. At the time, Travelers had the option to increase its investment to retain a 49.5 percent interest, which the company later did in 2012.[23]
Landlocked Laos might be quieter than Southeast Asian neighbors like Vietnam and Thailand, but 2018 could transform the country into the region’s next hot spot. Wattay International Airport, in the capital of Vientiane, is set to complete a terminal expansion to accommodate more international links next year, but the biggest changes are foot in the UNESCO World Heritage–inscribed town of Luang Prabang, in central Laos. This serene riverside spot lures travelers to its golden Buddhist temples, French-colonial architecture, hiking trails, nearby elephant sanctuaries — and now, glamorous new digs. Last year, the design-forward Azerai opened inside a century-old French-colonial building that was formerly an officer’s quarters. The debut concept from Aman Resorts founder Adrian Zecha has airy, light wood interiors that nod to local culture in their use of batik textiles and Laotian artwork. There’s also an 80-foot swimming pool in a tree-shaded central courtyard. The upcoming Rosewood Luang Prabang aims to be a destination in itself. Opening in mid 2018, this highly anticipated resort will feature pavilion-style villas, luxury tents, and a spa that seems to float above the jungle. —Kate Springer
The first season of Travelers has a score of 100% on Rotten Tomatoes based on nine reviews with an average rating of 8.0/10.[9] Neil Genzlinger, writing for The New York Times, described the first season as "tasty", and "enjoyable science fiction", with "some attention-grabbing flourishes and fine acting".[10] Hanh Nguyen, writing for IndieWire, describes the series as "fun and freaky," finding the series' appeal "in how the core group of five travelers adjust to life in our present," noting the "human nature in the travelers".[11] Lawrence Devoe, of TheaterByte.com, called the series "tautly paced and suspenseful" with "well-developed characters", declaring that "Brad Wright has a real knack for creating futuristic series".[12] Evan Narcisse, reviewing the first five episodes for io9, appreciated the moral dilemmas offered by the series premise and the awkwardness presented by the characters' interactions with their hosts' friends, colleagues, lovers, or caretakers: "This is a superhero show in double disguise, offering up clever explorations of the secret identity concept that touch on the guilt and contortions that come with living a double life."[13] Netflix announced that the series was one of its "most devoured" series in 2017.[14]
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