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The Travelers Companies TRV Personal Insurance — Other operating expenses

Other segment segments

Business And International Insurance
$3.48B+5.4%
Bond And Specialty Insurance
$843M+1.3%

Similar metrics at other companies

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PGRPersonal Lines Segment — Other operating expenses
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AXSReinsurance — Other operating expenses
$12.53M-0.8%
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AFGProperty and casualty insurance — Other operating expenses
$333.25M+4.2%
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AFGOther — Other operating expenses
$151.25M-12.9%
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PGROther Indemnity — Other operating expenses
$5.5M+83.3%

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:SupplementaryInsuranceInformationOtherOperatingExpense.

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
SegmentDeferred Acquisition CostsClaims and Claim Adjustment Expense ReservesUnearned PremiumsEarned PremiumsNet Investment Income (1)Claims and Claim Adjustment ExpensesAmortizationof Deferred Acquisition CostsOther Operating Expenses (2)Net Written Premiums
2025
Business Insurance$1,750$51,655$11,088$22,412$2,782$14,154$3,796$3,482$22,679
Bond & Specialty Insurance5425,6723,1454,1074451,7647788434,262
Personal Insurance1,2268,4078,19817,39573211,3032,6921,74617,446
Total—Reportable Segments3,51865,73422,43143,9143,95927,2217,2666,07144,387
Other3474
Consolidated$3,518$65,737$22,431$43,914$3,959$27,221$7,266$6,545$44,387
2024

Item 16. FORM 10-K SUMMARY

FAQ

What is The Travelers Companies's personal insurance — other operating expenses?
The Travelers Companies (TRV) reported personal insurance — other operating expenses of $436.5M in Q4 2025.
How has The Travelers Companies's personal insurance — other operating expenses changed year-over-year?
The Travelers Companies's personal insurance — other operating expenses increased by 6.5% year-over-year, from $410M to $436.5M.
What is the long-term trend for The Travelers Companies's personal insurance — other operating expenses?
Over 4 years (2021 to 2025), The Travelers Companies's personal insurance — other operating expenses has grown at a 6.3% compound annual growth rate (CAGR), from $1.37B to $1.75B.
What does personal insurance — other operating expenses mean?
These are the general administrative and overhead costs required to run the personal insurance segment, excluding claims and acquisition costs. This metric captures the operational efficiency of the business unit. Monitoring these expenses is crucial for maintaining a competitive combined ratio.

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