The Travelers Companies Mandatory pools and associations decreased by 7.7% to $1.53B in Q4 2024 compared to the prior quarter. Over 4 years (FY 2020 to FY 2024), Mandatory pools and associations shows a downward trend with a -4.0% CAGR.
An increase indicates higher participation in or exposure to state-mandated insurance mechanisms, often tied to regulatory requirements in specific regions.
This metric tracks the gross reinsurance recoverables due from mandatory insurance pools and state-mandated associations...
Standard for insurers operating in states with high regulatory involvement; levels are generally dictated by market presence in those specific jurisdictions.
other_reinsurance_recoverables_mandatory_pools_and_associations| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $1.76B | $1.60B | $1.66B | $1.53B |
| QoQ Change | — | -9.1% | +3.6% | -7.7% |
| YoY Change | — | -9.1% | +3.6% | -7.7% |