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The Travelers Companies TRV Automobile — Net Undiscounted Claims and Claim Adjustment Expense Reserves

Other product segments

General Liability
1,503,000,000,000%+9.1%
Other Insurance Contracts
556,100,000,000%+10.4%
Unallocated Loss Adjustment Expense Reserve
306,100,000,000%+6.3%
Other Including Impacts Of Retroactive Reinsurance
9,900,000,000%+7.6%
Accident And Health Insurance Excluding Workers Compensation
0%
Structured Settlement Annuity
0%

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KNSLProperty — Liability for claims and claim adjustment expense, net
$142.37M+22.6%
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KNSLCasualty - occurrence — Liability for claims and claim adjustment expense, net
$1.79B+29.1%
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HMNAutomobile Liability — Short-Duration Insurance Contracts, Liability for Unpaid Claims and Allocated Claim Adjustment Expense, Net
$207.3M+5.2%
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ORICommercial Automobile — Short-Duration Insurance Contracts, Liability for Unpaid Claims and Allocated Claim Adjustment Expense, Net
$2.21B+10.6%
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458,100,000%-97,900,000pp

Other financials

Income statement

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Revenue$12.2B+0.3%
Net income$2.2B+46.3%
EPS (diluted)$10.26+57.1%

Balance sheet

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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

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Operating cash flow$1.9B-17.9%

Valuation

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Market cap$80.16B+34.7%
Enterprise value$88.6B+32.5%
P/E9.7×-1.7×
P/S1.6×+0.4×

Profitability

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Net margin17%+6.0pp

Returns & leverage

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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 us-gaap:ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndAllocatedClaimAdjustmentExpenseNet.

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 ReservesDiscount(Net of Reinsurance)Subtotal:Net Claims and Claim Adjustment Expense ReservesReinsurance Recoverables on Unpaid Losses (4)Claims and Claim Adjustment Expense Reserves
Other insurance contracts (2)5,561(5)5,5561,7637,319
Unallocated loss adjustment expense reserves3,0613,061183,079
Structured settlements (3)2,4282,428
Other9999(84)15
Total property-casualty60,842(996)59,8467,79767,643
Accident and health33
Less amounts classified as held for sale1,6271,6272821,909
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 — net undiscounted claims and claim adjustment expense reserves?
The Travelers Companies (TRV) reported automobile — net undiscounted claims and claim adjustment expense reserves of 973,200,000,000% in Q4 2025.
How has The Travelers Companies's automobile — net undiscounted claims and claim adjustment expense reserves changed year-over-year?
The Travelers Companies's automobile — net undiscounted claims and claim adjustment expense reserves increased by 7.0% year-over-year, from 909,300,000,000% to 973,200,000,000%.
What does automobile — net undiscounted claims and claim adjustment expense reserves mean?
This represents the total estimated liability for automobile insurance claims and associated adjustment expenses, calculated before the application of any time-value-of-money discounting. It reflects the gross expected payout obligations for reported and unreported losses within the automobile segment, net of anticipated reinsurance recoveries. This figure is a critical indicator of the raw actuarial estimate of future claim costs.

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