The Travelers Companies Structured Settlement Annuity — Reinsurance Recoverables on Unpaid Losses decreased by 6.0% to $2.43B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 6.0%, from $2.58B to $2.43B.
Higher recoverables indicate significant risk transfer, though they also introduce counterparty credit risk that must be monitored.
This represents the portion of the structured settlement claims liability that is expected to be reimbursed by third-par...
Comparable to 'reinsurance recoverables on unpaid losses' reported by any property-casualty insurer utilizing reinsurance to manage long-tail claim risks.
trv_segment_structured_settlements_reinsurance_recoverables_on_unpaid_losses| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $2.86B | $2.76B | $2.66B | $2.58B | $2.43B |
| QoQ Change | — | -3.4% | -3.4% | -3.0% | -6.0% |
| YoY Change | — | -3.4% | -3.4% | -3.0% | -6.0% |