The Travelers Companies Gross reinsurance recoverables on paid and unpaid claims and claim adjustment expenses excluding structured settlements and mandatory pools and associations increased by 1.7% to $3.96B in Q4 2024 compared to the prior quarter. Over 4 years (FY 2020 to FY 2024), Gross reinsurance recoverables on paid and unpaid claims and claim adjustment expenses excluding structured settlements and mandatory pools and associations shows relatively stable performance with a 1.5% CAGR.
An increase indicates higher reliance on reinsurance to manage underwriting volatility, while a decrease suggests the company is retaining more risk on its own balance sheet.
This metric captures the total gross amount of reinsurance recoverables on paid and unpaid claims, excluding structured...
Commonly reported by large P&C insurers; levels vary based on the company's reinsurance strategy and risk appetite.
other_reinsurance_recoverables_gross_excluding_structure_ad6488| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $3.93B | $3.79B | $3.90B | $3.96B |
| QoQ Change | — | -3.5% | +2.7% | +1.7% |
| YoY Change | — | -3.5% | +2.7% | +1.7% |