Long Point Re IV Ltd Series 2026-1

US primary insurer Travelers increased its catastrophe bond coverage in 2026 to a staggering $750 million, while the carrier’s Northeast Property Catastrophe Excess-of-Loss Reinsurance July 1st renewal remains unchanged from the prior year in terms of coverage and retention.

The Travelers Companies, the US property & casualty insurance giant, has now successfully priced what will be its largest catastrophe bond sponsorship ever, securing $750 million of multi-peril reinsurance protection from the new Long Point Re IV Ltd. (Series 2026-1) issuance, Artemis can report.

Travelers is the latest company aiming to upsize its catastrophe bond sponsorship in 2026, with the company now seeking between $600 million and $750 million of multi-peril reinsurance protection from the Long Point Re IV Ltd. (Series 2026-1) issuance which would make it the largest cat bond ever sponsored by the insurer, Artemis understands.

The Travelers Companies, the US property & casualty insurance giant, is back in the catastrophe bond market initially targeting $500 million of multi-peril reinsurance protection covering losses in northeast states from a Long Point Re IV Ltd. (Series 2026-1) issuance, Artemis has learned.