Other
Increase (Decrease) in Reinsurance Recoverable
Progressive Increase (Decrease) in Reinsurance Recoverable decreased by 233.3% to -$80.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 74.7%, from -$316.00M to -$80.00M. Over 2 years (FY 2023 to FY 2025), Increase (Decrease) in Reinsurance Recoverable shows relatively stable performance with a -3.9% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase suggests higher ceded losses or increased reinsurance activity, while a decrease indicates collection of claims or reduced reinsurance reliance.
Detailed definition
Represents the net change in the balance of amounts expected to be recovered from reinsurers for paid and unpaid losses....
Peer comparison
Standard in insurance; peers show similar fluctuations based on catastrophe activity and reinsurance treaty terms.
Metric ID:
other_increase_decrease_in_reinsurance_recoverableHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '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 | $113.50M | $335.80M | $44.50M | -$63.80M | $1.35B | -$215.90M | -$99.30M | -$185.70M | -$237.10M | -$91.00M | -$122.00M | $0.00 | -$116.00M | -$316.00M | -$252.00M | -$90.00M | -$24.00M | -$80.00M |
| QoQ Change | — | +195.9% | -86.7% | -243.4% | >999% | -116.0% | +54.0% | -87.0% | -27.7% | +61.6% | -34.1% | +100.0% | — | -172.4% | +20.3% | +64.3% | +73.3% | -233.3% |
| YoY Change | — | — | — | -156.2% | +300.7% | -585.2% | -55.6% | -113.8% | — | +57.9% | -22.9% | +100.0% | +51.1% | -247.3% | -106.6% | — | +79.3% | +74.7% |
Range-$316.00M – $1.35B
CAGR-7.9%
Avg YoY Growth-48.0%
Median YoY Growth-22.9%
Increase (Decrease) in Reinsurance Recoverable at Other Companies
Frequently Asked Questions
- What is Progressive's increase (decrease) in reinsurance recoverable?
- Progressive (PGR) reported increase (decrease) in reinsurance recoverable of -$80.00M in Q1 2026.
- How has Progressive's increase (decrease) in reinsurance recoverable changed year-over-year?
- Progressive's increase (decrease) in reinsurance recoverable increased by 74.7% year-over-year, from -$316.00M to -$80.00M.
- What is the long-term trend for Progressive's increase (decrease) in reinsurance recoverable?
- Over 2 years (2023 to 2025), Progressive's increase (decrease) in reinsurance recoverable has grown at a -3.9% compound annual growth rate (CAGR), from -$738.00M to -$682.00M.
- What does increase (decrease) in reinsurance recoverable mean?
- The net change in funds the company expects to collect from its reinsurance partners for claims.