Travelers renews cat XoL reinsurance with reduced retention and new $1bn lower layer

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Reinsurance News - Jan 21, 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 2...

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