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The Travelers Companies TRV Other Insurance Contracts — Reinsurance Recoverables on Unpaid Losses

Other product segments

Structured Settlement Annuity
$2.43B-6.0%
General Liability
$1.86B+25.8%
Automobile
$630M+1.9%
Other Including Impacts Of Retroactive Reinsurance
-$84M-61.5%
Unallocated Loss Adjustment Expense Reserve
$18M+5.9%
Accident And Health Insurance Excluding Workers Compensation
$3M-40.0%

Similar metrics at other companies

Everest Group logo
EGCasualty Insurance — Total reinsurance recoverable on unpaid claims
$2.25B
Everest Group logo
EGProperty Insurance — Total reinsurance recoverable on unpaid claims
$1.22B+41.1%
Markel logo
MKLMarkel Insurance excluding Global Reinsurance division — Reinsurance recoverable on unpaid losses
$5.55B
Cincinnati Financial logo
CINFHomeowner — Reinsurance recoverable on unpaid losses
$124M+1,278%
Everest Group logo
EGReinsurance And Insurance Segments — Total reinsurance recoverable on unpaid claims
$3.46B+29.0%
Progressive logo
PGROther Shortduration Insurance Product Line — Total reinsurance recoverables on unpaid claims
$207M-41.5%

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:ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments.

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
Homeowners (excluding Other)2,6382,638132,651
International - Canada84784713860
Subtotal — claims and allocated claim adjustment expenses for the products presented in the development tables below52,121(991)51,1303,67254,802
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

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is The Travelers Companies's other insurance contracts — reinsurance recoverables on unpaid losses?
The Travelers Companies (TRV) reported other insurance contracts — reinsurance recoverables on unpaid losses of $1.76B in Q4 2025.
How has The Travelers Companies's other insurance contracts — reinsurance recoverables on unpaid losses changed year-over-year?
The Travelers Companies's other insurance contracts — reinsurance recoverables on unpaid losses increased by 1.6% year-over-year, from $1.74B to $1.76B.
What does other insurance contracts — reinsurance recoverables on unpaid losses mean?
This metric quantifies the portion of unpaid claims and claim adjustment expenses in non-core segments that the company expects to recover from its reinsurance partners. It represents a significant asset on the balance sheet, reflecting the risk transfer mechanism used to mitigate volatility in residual and runoff portfolios. Monitoring this helps investors understand the company's reliance on third-party reinsurers for these specific segments.

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