Other
Loss and loss adjustment expense reserves
Progressive Loss and loss adjustment expense reserves decreased by 11.5% to $1.07B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 39.5%, from $765.00M to $1.07B. Over 4 years (FY 2021 to FY 2025), Loss and loss adjustment expense reserves shows a downward trend with a -2.7% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase may reflect higher expected future claims or business growth; a decrease may reflect favorable claims development.
Detailed definition
The net change in the reserves held by an insurance company to cover future claims and associated adjustment expenses. T...
Peer comparison
Core metric for all property, casualty, and life insurance companies.
Metric ID:
other_increase_decrease_in_liability_for_claims_and_clai_0b5947Historical 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 | $1.68B | $2.03B | $241.10M | $590.10M | $1.06B | $2.82B | $0.00 | $667.10M | $1.73B | $824.00M | $812.00M | $442.00M | $1.77B | $1.46B | $995.00M | $765.00M | $1.33B | $951.00M | $1.21B | $1.07B |
| QoQ Change | — | +20.7% | -88.1% | +144.8% | +79.3% | +166.6% | -100.0% | — | +158.9% | -52.3% | -1.5% | -45.6% | +301.4% | -17.9% | -31.7% | -23.1% | +74.1% | -28.6% | +26.7% | -11.5% |
| YoY Change | — | — | — | — | -37.2% | +38.9% | -100.0% | +13.0% | +63.3% | -70.8% | — | -33.7% | +2.7% | +76.8% | +22.5% | +73.1% | -24.9% | -34.7% | +21.1% | +39.5% |
Range$0.00 – $2.82B
CAGR-9.1%
Avg YoY Growth+3.3%
Median YoY Growth+13.0%
Loss and loss adjustment expense reserves at Other Companies
Frequently Asked Questions
- What is Progressive's loss and loss adjustment expense reserves?
- Progressive (PGR) reported loss and loss adjustment expense reserves of $1.07B in Q1 2026.
- How has Progressive's loss and loss adjustment expense reserves changed year-over-year?
- Progressive's loss and loss adjustment expense reserves increased by 39.5% year-over-year, from $765.00M to $1.07B.
- What is the long-term trend for Progressive's loss and loss adjustment expense reserves?
- Over 4 years (2021 to 2025), Progressive's loss and loss adjustment expense reserves has grown at a -2.7% compound annual growth rate (CAGR), from $4.75B to $4.25B.
- What does loss and loss adjustment expense reserves mean?
- The net change in the amount of money set aside to pay future insurance claims.