Other

Prior years

Progressive Prior years increased by 157.1% to $7.35B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.0%, from $6.80B to $7.35B. Over 4 years (FY 2021 to FY 2025), Prior years shows an upward trend with a 17.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026

How to read this metric

Consistent negative values (reserve releases) suggest conservative and accurate historical reserving.

Detailed definition

This metric isolates the portion of total incurred claims and loss adjustment expenses that relates to claims from prior...

Peer comparison

Used to assess the quality of an insurer's balance sheet and historical reserving accuracy.

Metric ID: other_liability_for_unpaid_claims_and_claims_adjustment__f3230e

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.98B$1.78B$1.62B$4.69B$2.59B$2.13B$1.79B$5.74B$3.38B$2.65B$2.22B$5.97B$3.64B$2.89B$2.69B$6.80B$4.08B$3.35B$2.86B$7.35B
QoQ Change-10.4%-8.8%+189.7%-44.7%-17.7%-16.1%+220.2%-41.1%-21.6%-16.4%+169.5%-39.1%-20.7%-6.8%+153.0%-40.0%-18.0%-14.6%+157.1%
YoY Change+30.7%+20.1%+10.6%+22.3%+30.4%+24.1%+23.7%+4.1%+7.6%+8.9%+21.4%+14.0%+12.2%+15.9%+6.2%+8.0%
Range$1.62B$7.35B
CAGR+31.7%
Avg YoY Growth+16.3%
Median YoY Growth+14.9%

Prior years at Other Companies

Frequently Asked Questions

What is Progressive's prior years?
Progressive (PGR) reported prior years of $7.35B in Q1 2026.
How has Progressive's prior years changed year-over-year?
Progressive's prior years increased by 8.0% year-over-year, from $6.80B to $7.35B.
What is the long-term trend for Progressive's prior years?
Over 4 years (2021 to 2025), Progressive's prior years has grown at a 17.9% compound annual growth rate (CAGR), from $8.83B to $17.09B.
What does prior years mean?
The portion of total claims costs that relates to policies from previous years.