What does automobile — discount (net of reinsurance) mean?

This represents the financial adjustment applied to the automobile segment's claim reserves to account for the time value of money, net of reinsurance participation. It reflects the difference between the nominal undiscounted liability and the present value of those future cash flows. This metric is used to align reported liabilities with their economic value based on expected payment patterns.

The Travelers Companies (TRV) Automobile — Discount (Net of Reinsurance)

Screener

Other product segments

General Liability

$121M-2.4%

Other Insurance Contracts

$5M+25.0%

Accident And Health Insurance Excluding Workers Compensation

$0—

Other Including Impacts Of Retroactive Reinsurance

$0—

Structured Settlement Annuity

$0—

Unallocated Loss Adjustment Expense Reserve

$0—

Similar metrics at other companies

HIGAutomobiles — Amount of discount

0%—

KMPRCommercial Automobile Insurance—Liability — Property and Casualty Insurance Reserves, Net of Reinsurance

$888M+32.1%

KMPRCommercial Automobile Insurance—Physical Damage — Property and Casualty Insurance Reserves, Net of Reinsurance

$15.8M-7.6%

KMPRPreferred Personal Automobile Insurance—Liability — Property and Casualty Insurance Reserves, Net of Reinsurance

$92.6M-42.0%

KMPRSpecialty Personal Automobile Insurance—Liability — Property and Casualty Insurance Reserves, Net of Reinsurance

$1.64B+13.0%

HIGPersonal automobile physical damage — Amount of discount

$0—

Other financials

Income statement

See full

Revenue$12.2B+0.3%

Net income$2.2B+46.3%

EPS (diluted)$10.26+57.1%

Balance sheet

See full

Cash & equivalents$621.0M-5.8%

Total debt$9.1B+12.9%

Total equity$33.1B+12.2%

Total assets$143.58B+3.4%

Cash flow

See full

Operating cash flow$1.9B-17.9%

Valuation

See full

Market cap$80.16B+34.7%

Enterprise value$88.6B+32.5%

P/E9.7×-1.7×

P/S1.6×+0.4×

Profitability

See full

Net margin17%+6.0pp

Returns & leverage

See full

Return on equity26.5%+7.2pp

Debt / equity0.3×0.0×

Where this comes from

Reported directly by The Travelers Companies in its filing.

Tagged under the XBRL concept trv:SupplementalInformationForPropertyCasualtyInsuranceUnderwritersDiscountDeductedFromReservesNetOfReinsurance.

The source filing: The Travelers Companies’s 10-K, filed February 12, 2026.

Filed: Feb 12, 2026, 6:51 AM EST
Fiscal year: FY2025
Accession: 0000086312-26-000065

(as of December 31, 2025, in millions)	Net Undiscounted Claims and Claim Adjustment Expense Reserves	Discount(Net of Reinsurance)	Subtotal:Net Claims and Claim Adjustment Expense Reserves	Reinsurance Recoverables on Unpaid Losses (4)	Claims and Claim Adjustment Expense Reserves
Other insurance contracts (2)	5,561	(5)	5,556	1,763	7,319
Unallocated loss adjustment expense reserves	3,061	—	3,061	18	3,079
Structured settlements (3)	—	—	—	2,428	2,428
Other	99	—	99	(84)	15
Total property-casualty	60,842	(996)	59,846	7,797	67,643
Accident and health	—	—	—	3	3
Less amounts classified as held for sale	1,627	—	1,627	282	1,909
Total	$59,215	$(996)	$58,219	$7,518	$65,737

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is The Travelers Companies's automobile — discount (net of reinsurance)?: The Travelers Companies (TRV) reported automobile — discount (net of reinsurance) of $0 in Q4 2025.
What does automobile — discount (net of reinsurance) mean?: This represents the financial adjustment applied to the automobile segment's claim reserves to account for the time value of money, net of reinsurance participation. It reflects the difference between the nominal undiscounted liability and the present value of those future cash flows. This metric is used to align reported liabilities with their economic value based on expected payment patterns.