Reinsurance News
Travelers
Travelers forgoes personal XOL treaty renewal following Jan enterprise reinsurance restructuring
20th July 2026
Dan Frey, Chief Financial Officer at Travelers, said the firm opted not to renew its Personal Insurance Catastrophe Excess-of-Loss (XOL) Reinsurance Treaty at July 1, as its enhanced enterprise-wide catastrophe reinsurance program, secured at January 1, offered a "more attractive way" to obtain the desired reinsurance protection. "On July 1, we ... Read the full article
Travelers renews Northeast property cat XoL on unchanged terms, drops Personal Insurance treaty at July 1
17th July 2026
US primary insurer Travelers' Northeast Property Catastrophe Excess-of-Loss Reinsurance Treaty renewal at July 1st 2026 is unchanged from the prior year in terms of coverage and retention, while the carrier decided not to renew its Personal Insurance Catastrophe Excess-of-Loss Reinsurance Treaty, and secured more reinsurance from the capital markets. For 2026-2027, ... Read the full article
Travelers continues positive performance in Q2’26 as underwriting and investment portfolio shine
17th July 2026
The Travelers Companies, Inc. has reported a substantial increase in net income for Q2 2026, reaching $2.208 billion, up by $699 million from the $1.509 billion recorded in the same period last year, driven by higher core income and higher net realised investment gains. The firm's core income in Q2 2026 ... Read the full article
Travelers launches proprietary LLM tailored to property casualty business
2nd July 2026
The Travelers Companies, Inc., a provider of property and casualty insurance for auto, home and business, has developed TravelersLLM, a proprietary large language model tailored to its property and casualty business. Trained on millions of company documents and built by Travelers engineers and data scientists, TravelersLLM builds on the company’s domain ... Read the full article
Travelers plans to expand homeowners insurance availability across California
27th April 2026
Large US primary insurer, The Travelers Companies, Inc., has notified the California Department of Insurance (CDI) of its intention to expand the availability of homeowners insurance across the state by voluntarily participating in California’s Sustainable Insurance Strategy (SIS). The initiative, which is being championed by Ricardo Lara, the state's Insurance Commissioner, allows ... Read the full article
Travelers begins 2026 with $1.7bn profit surge on lower cat losses
16th April 2026
The Travelers Companies, Inc. has reported net income of $1.711 billion for Q1 2026, up from $395 million in the same period of 2025, driven by lower catastrophe losses and higher net investment income. Travelers' core income in the opening quarter of 2026 was $1.696 billion, a considerable increase of $1.253 ... Read the full article
DFC and Chubb reveal new partners for expanded Maritime Reinsurance plan
7th April 2026
The U.S. International Development Finance Corporation (DFC) and Chubb have revealed six additional American insurance partners that will provide reinsurance for the DFC's Maritime Reinsurance plan: Travelers, Liberty Mutual Insurance, Berkshire Hathaway, AIG, Starr, and CNA. As previously reported, Chubb was named lead partner for the DFC’s $20 billion Maritime ... Read the full article
Travelers to enhance customer experience with new Agentic AI Claim Assistant
20th February 2026
The Travelers Companies, Inc. has announced the launch of its AI Claim Assistant, a new solution developed using OpenAI model capabilities and APIs. Described as an industry-leading solution, this fully agentic intelligent voice service uses advanced language and speech recognition technologies to handle customer claim calls. This capability is initially being used ... Read the full article
Travelers ‘meaningfully’ improved reinsurance coverage & renewed Fidelis QS at 1.1: CFO Frey
21st January 2026
Large US insurer Travelers was able to "meaningfully improve" its reinsurance coverage at the key January 1st, 2026, renewals, thanks in part to more favourable pricing, while the company also renewed its 20% quota share (QS) with Fidelis, Chief Financial Officer (CFO), Dan Frey, said recently. Earlier today, Travelers reported ... Read the full article
Travelers renews cat XoL reinsurance with reduced retention and new $1bn lower layer
21st January 2026
Travelers has unveiled its renewed catastrophe excess-of-loss (XoL) reinsurance program for 2026, featuring a significant reduction in retention and the addition of a new lower layer. The 2026 program attaches at a $3 billion retention level, which marks a decrease from the $4 billion threshold in 2025. This change lowers Travelers' ... Read the full article
Travelers posts 26% rise in FY’25 net income as underwriting result strengthens
21st January 2026
US primary insurer The Travelers Companies, Inc. produced a stronger combined ratio for both the fourth quarter and full year 2025, as net income strengthened for both periods, while the firm reports record full year operating cash flows of $10.6 billion. Travelers has kicked off Q4 and FY'25 results season with ... Read the full article
Travelers teams up with Anthropic to enhance AI capabilities for engineers and analysts
15th January 2026
Insurance and risk management firm Travelers Companies, Inc., and AI research company Anthropic announced a collaboration to expand Travelers’ AI-enabled engineering and analytics capabilities. About 10,000 of Travelers’ engineers, data scientists, analysts, and product owners will use Anthropic’s personalised AI assistants to support and accelerate software, analytics, and machine learning model ... Read the full article
OneNexus and Travelers partner to launch surety platform for energy sector
6th January 2026
The financial technology and insurance platform, OneNexus, has formed a strategic partnership with The Travelers Companies, Inc., a North American surety provider, establishing a new surety program specifically designed for the energy sector. Through this partnership, Travelers, a Treasury-listed surety company, will provide surety bonds backed by a long-term funding platform ... Read the full article
Travelers completes sale of Canadian personal & majority of commercial arm to Definity
5th January 2026
The Travelers Companies, Inc., a provider of property and casualty insurance, has completed the sale of the personal insurance business and the majority of the commercial insurance business of Travelers Canada to Definity Financial Corporation for approximately $2.4 billion. The sale was initially announced in May 2025. Travelers has retained ... Read the full article
Travelers sees Q3’25 net income climb 50% on strong underwriting and investment performance
16th October 2025
The Travelers Companies has reported Q3 2025 net income of $1.888 billion, up 50% from the same period of 2024, with a consolidated combined ratio of 87.3%. The firm also reported core income of $1.867 billion for Q3 2025, a 53% increase from $1.218 billion in Q3 2024. According to Travelers, the ... Read the full article
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