Travelers reports a 185% increase in Q2 2025 net income, driven by lower catastrophe losses, improved underwriting results, and premium growth across key insurance segments. Combined ratio improves to 90.3%, with strong return on equity and ongoing capital returns.

Bermuda retains its top position in offshore reinsurance for US life and annuity insurers in 2024, accounting for over 40% of ceded reserves and enabling capital efficiency and growth despite a slowed reserve growth rate.