Reinsurance recoverable on unpaid losses and loss expenses
The Travelers Companies Reinsurance recoverable on unpaid losses and loss expenses decreased by 2.0% to $7.52B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 2.0%, from $7.67B to $7.52B. Over 5 years (FY 2020 to FY 2025), Reinsurance recoverable on unpaid losses and loss expenses shows relatively stable performance with a -1.6% CAGR.
Analysis
How to read this metric
An increase indicates higher reliance on reinsurance to manage risk, whereas a decrease suggests more risk is being retained on the balance sheet.
Detailed definition
This represents the portion of unpaid claim liabilities that the insurer expects to recover from third-party reinsurers....
Peer comparison
Standard asset for insurers; peers with high catastrophe exposure typically show higher levels of reinsurance recoverables.
other_reinsurance_recoverable_for_unpaid_claims_and_clai_832d7aHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $8.22B | $7.80B | $7.82B | $7.67B | $7.52B |
| QoQ Change | — | -5.1% | +0.3% | -1.9% | -2.0% |
| YoY Change | — | -5.1% | +0.3% | -1.9% | -2.0% |
Product Breakdown
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Structured Settlement Annuity | $2.86B | $2.76B | $2.66B | $2.58B | $2.43B |
| General Liability | $1.15B | $1.15B | $1.33B | $1.48B | $1.86B |
| Other Insurance Contracts | $1.83B | $1.79B | $1.81B | $1.74B | $1.76B |
| Automobile | $745.00M | $681.00M | $644.00M | $618.00M | $630.00M |
| Other Including Impacts Of Retroactive Reinsurance | -$23.00M | -$43.00M | -$37.00M | -$52.00M | -$84.00M |
| Unallocated Loss Adjustment Expense Reserve | $15.00M | $14.00M | $14.00M | $17.00M | $18.00M |
| Accident And Health Insurance Excluding Workers Compensation | $10.00M | $6.00M | $6.00M | $5.00M | $3.00M |
| Total | $8.22B | $7.80B | $7.82B | $7.67B | $7.52B |
Reinsurance recoverable on unpaid losses and loss expenses at Other Companies
Frequently Asked Questions
- What is The Travelers Companies's reinsurance recoverable on unpaid losses and loss expenses?
- The Travelers Companies (TRV) reported reinsurance recoverable on unpaid losses and loss expenses of $7.52B in Q4 2025.
- How has The Travelers Companies's reinsurance recoverable on unpaid losses and loss expenses changed year-over-year?
- The Travelers Companies's reinsurance recoverable on unpaid losses and loss expenses decreased by 2.0% year-over-year, from $7.67B to $7.52B.
- What is the long-term trend for The Travelers Companies's reinsurance recoverable on unpaid losses and loss expenses?
- Over 5 years (2020 to 2025), The Travelers Companies's reinsurance recoverable on unpaid losses and loss expenses has grown at a -1.6% compound annual growth rate (CAGR), from $8.16B to $7.52B.
- What does reinsurance recoverable on unpaid losses and loss expenses mean?
- The amount the company expects to collect from its reinsurers for claims it has already paid or expects to pay.