Current Assets
Prepaid reinsurance premiums
Progressive Prepaid reinsurance premiums increased by 0.5% to $198.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 35.3%, from $306.00M to $198.00M. Over 5 years (FY 2020 to FY 2025), Prepaid reinsurance premiums shows a downward trend with a -11.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase indicates higher levels of ceded risk or longer-term reinsurance contracts, while a decrease suggests reduced reinsurance reliance.
Detailed definition
This asset represents the portion of premiums paid to reinsurers that relates to the unexpired period of reinsurance cov...
Peer comparison
Common in the insurance industry; levels depend on the company's risk appetite and reinsurance treaty structures.
Metric ID:
ins_prepaid_reinsurance_premiumsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $620.00M | $661.10M | $457.60M | $455.10M | $464.30M | $367.50M | $295.50M | $269.60M | $242.90M | $235.00M | $250.00M | $210.00M | $291.00M | $224.00M | $349.00M | $306.00M | $263.00M | $215.00M | $197.00M | $198.00M |
| QoQ Change | — | +6.6% | -30.8% | -0.5% | +2.0% | -20.8% | -19.6% | -8.8% | -9.9% | -3.3% | +6.4% | -16.0% | +38.6% | -23.0% | +55.8% | -12.3% | -14.1% | -18.3% | -8.4% | +0.5% |
| YoY Change | — | — | — | — | -25.1% | -44.4% | -35.4% | -40.8% | -47.7% | -36.1% | -15.4% | -22.1% | +19.8% | -4.7% | +39.6% | +45.7% | -9.6% | -4.0% | -43.6% | -35.3% |
Range$197.00M – $661.10M
CAGR-21.4%
Avg YoY Growth-16.2%
Median YoY Growth-23.6%
Prepaid reinsurance premiums at Other Companies
Frequently Asked Questions
- What is Progressive's prepaid reinsurance premiums?
- Progressive (PGR) reported prepaid reinsurance premiums of $198.00M in Q1 2026.
- How has Progressive's prepaid reinsurance premiums changed year-over-year?
- Progressive's prepaid reinsurance premiums decreased by 35.3% year-over-year, from $306.00M to $198.00M.
- What is the long-term trend for Progressive's prepaid reinsurance premiums?
- Over 5 years (2020 to 2025), Progressive's prepaid reinsurance premiums has grown at a -11.8% compound annual growth rate (CAGR), from $368.10M to $197.00M.
- What does prepaid reinsurance premiums mean?
- Premiums paid in advance for reinsurance coverage that has not yet been used.