Expense Related to Distribution or Servicing and Underwriting Fees
Progressive Expense Related to Distribution or Servicing and Underwriting Fees decreased by 3.5% to $4.59B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.8%, from $4.18B to $4.59B. Over 3 years (FY 2022 to FY 2025), Expense Related to Distribution or Servicing and Underwriting Fees shows an upward trend with a 24.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Rising costs relative to premiums earned suggest margin compression, while declining costs indicate improved operational scale.
Detailed definition
The aggregate cost of servicing existing policies and managing underwriting fees, encompassing both distribution-related...
Peer comparison
Often aggregated as total underwriting and policy maintenance expenses in insurance industry reporting.
other_expense_related_to_distribution_or_servicing_and_u_14badbHistorical Data
| 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 | $2.44B | $2.44B | $2.44B | $2.44B | $2.73B | $2.73B | $2.73B | $2.73B | $3.16B | $3.49B | $4.06B | $4.13B | $4.18B | $4.20B | $5.52B | $4.75B | $4.59B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +11.6% | +0.0% | +0.0% | +0.0% | +16.0% | +10.3% | +16.4% | +1.8% | +1.0% | +0.6% | +31.4% | -13.9% | -3.5% |
| YoY Change | — | — | — | — | +11.6% | +11.6% | +11.6% | +11.6% | +16.0% | +27.9% | +48.9% | +51.6% | +32.0% | +20.4% | +36.0% | +15.0% | +9.8% |
Product Breakdown
| Segment | Q1 '25 |
|---|---|
| Underwriting operations | $4.18B |
| Total | $4.18B |
Expense Related to Distribution or Servicing and Underwriting Fees at Other Companies
Frequently Asked Questions
- What is Progressive's expense related to distribution or servicing and underwriting fees?
- Progressive (PGR) reported expense related to distribution or servicing and underwriting fees of $4.59B in Q1 2026.
- How has Progressive's expense related to distribution or servicing and underwriting fees changed year-over-year?
- Progressive's expense related to distribution or servicing and underwriting fees increased by 9.8% year-over-year, from $4.18B to $4.59B.
- What is the long-term trend for Progressive's expense related to distribution or servicing and underwriting fees?
- Over 3 years (2022 to 2025), Progressive's expense related to distribution or servicing and underwriting fees has grown at a 24.0% compound annual growth rate (CAGR), from $9.78B to $18.65B.
- What does expense related to distribution or servicing and underwriting fees mean?
- Total expenses incurred to distribute, service, and underwrite insurance policies.