The Travelers Companies General Liability — Reinsurance Recoverables on Unpaid Losses increased by 25.8% to $1.86B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 25.8%, from $1.48B to $1.86B.
Higher recoverables indicate significant risk transfer, but also introduce counterparty credit risk regarding the reinsurer's ability to pay.
This represents the portion of unpaid claim liabilities that the company expects to recover from third-party reinsurers....
Standard balance sheet item for insurers utilizing reinsurance to manage volatility.
trv_segment_general_liability_reinsurance_recoverables_on_unpaid_losses| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $1.15B | $1.15B | $1.33B | $1.48B | $1.86B |
| QoQ Change | — | +0.2% | +15.2% | +11.4% | +25.8% |
| YoY Change | — | +0.2% | +15.2% | +11.4% | +25.8% |