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The Travelers Companies TRV Structured Settlement Annuity — Discount (Net of Reinsurance)

Other product segments

General Liability
$121M-2.4%
Other Insurance Contracts
$5M+25.0%
Accident And Health Insurance Excluding Workers Compensation
$0
Automobile
$0
Other Including Impacts Of Retroactive Reinsurance
$0
Unallocated Loss Adjustment Expense Reserve
$0

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CINFStructured Settlement Annuity — Life policy and investment contract reserves
$111M-4.3%
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GEStructured settlement annuities — Effect of changes in discount rate assumptions
$0
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GEStructured settlement annuities — Other
$0
Fidelity National Financial logo
FNFLife Insurance — Premium and annuity deposits, net of reinsurance
$849M+33.1%
Assured Guaranty logo
AGOAnnuity Reinsurance — Weighted-average current discount rate
6.1%

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 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 ReservesDiscount(Net of Reinsurance)Subtotal:Net Claims and Claim Adjustment Expense ReservesReinsurance Recoverables on Unpaid Losses (4)Claims and Claim Adjustment Expense Reserves
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
Accident and health33
Less amounts classified as held for sale1,6271,6272821,909

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is The Travelers Companies's structured settlement annuity — discount (net of reinsurance)?
The Travelers Companies (TRV) reported structured settlement annuity — discount (net of reinsurance) of $0 in Q4 2025.
What does structured settlement annuity — discount (net of reinsurance) mean?
This represents the adjustment applied to the undiscounted claims reserve to reflect the present value of future payment obligations, net of reinsurance recoveries. It accounts for the interest rate environment and the expected duration of the settlement payments. This metric highlights the impact of financial discounting on the reported net liability for long-term insurance contracts.

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