Other
Increase (Decrease) in Prepaid Reinsurance Premiums
Progressive Increase (Decrease) in Prepaid Reinsurance Premiums increased by 105.6% to $1.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 102.3%, from -$43.00M to $1.00M. Over 2 years (FY 2022 to FY 2025), Increase (Decrease) in Prepaid Reinsurance Premiums shows relatively stable performance with a -3.1% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase indicates higher upfront spending on reinsurance protection, while a decrease reflects the amortization of these costs over time.
Detailed definition
The net change in premiums paid to reinsurers for coverage that has not yet been earned. This asset represents the unexp...
Peer comparison
Common across property and casualty insurers; reflects the timing of reinsurance renewals.
Metric ID:
other_increase_decrease_in_prepaid_reinsurance_premiumsHistorical Data
17 periods
| Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $33.80M | -$2.50M | $9.20M | -$96.80M | -$71.90M | -$25.90M | -$26.70M | -$7.90M | -$40.00M | $81.00M | -$67.00M | $125.00M | -$43.00M | -$43.00M | -$48.00M | -$18.00M | $1.00M |
| QoQ Change | — | -107.4% | +468.0% | <-999% | +25.7% | +64.0% | -3.1% | +70.4% | -406.3% | +302.5% | -182.7% | +286.6% | -134.4% | +0.0% | -11.6% | +62.5% | +105.6% |
| YoY Change | — | — | — | -386.4% | — | -936.0% | -390.2% | +91.8% | -54.4% | +403.4% | -748.1% | — | -7.5% | -153.1% | +28.4% | -114.4% | +102.3% |
Range-$96.80M – $125.00M
CAGR-58.5%
Avg YoY Growth-180.4%
Median YoY Growth-84.4%
Current Streak2 quarters growth
Increase (Decrease) in Prepaid Reinsurance Premiums at Other Companies
Frequently Asked Questions
- What is Progressive's increase (decrease) in prepaid reinsurance premiums?
- Progressive (PGR) reported increase (decrease) in prepaid reinsurance premiums of $1.00M in Q1 2026.
- How has Progressive's increase (decrease) in prepaid reinsurance premiums changed year-over-year?
- Progressive's increase (decrease) in prepaid reinsurance premiums increased by 102.3% year-over-year, from -$43.00M to $1.00M.
- What is the long-term trend for Progressive's increase (decrease) in prepaid reinsurance premiums?
- Over 2 years (2022 to 2025), Progressive's increase (decrease) in prepaid reinsurance premiums has grown at a -3.1% compound annual growth rate (CAGR), from -$162.00M to -$152.00M.
- What does increase (decrease) in prepaid reinsurance premiums mean?
- The change in the value of insurance coverage purchased from reinsurers that applies to future periods.