Other

Other underwriting expenses

Progressive Other underwriting expenses increased by 4.9% to $3.05B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.1%, from $2.72B to $3.05B. Over 4 years (FY 2021 to FY 2025), Other underwriting expenses shows an upward trend with a 19.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026

How to read this metric

Lower expenses relative to premiums indicate better operational efficiency and cost control.

Detailed definition

Operating expenses incurred in the process of underwriting and administering insurance policies, excluding direct claims...

Peer comparison

Often grouped under 'Underwriting, General, and Administrative Expenses' (UGA) in industry reports.

Metric ID: other_other_underwriting_expense

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$1.44B$1.38B$1.35B$1.51B$1.43B$1.50B$1.43B$1.86B$1.43B$1.42B$1.53B$1.93B$2.18B$2.67B$2.68B$2.72B$2.69B$3.02B$2.91B$3.05B
QoQ Change-3.9%-2.6%+11.7%-5.0%+4.6%-4.8%+30.4%-22.9%-0.8%+7.8%+26.1%+12.9%+22.5%+0.4%+1.4%-1.1%+12.1%-3.6%+4.9%
YoY Change-0.6%+8.1%+5.7%+23.3%+0.0%-5.1%+7.5%+3.9%+52.3%+87.9%+75.0%+40.8%+23.3%+12.9%+8.4%+12.1%
Range$1.35B$3.05B
CAGR+17.1%
Avg YoY Growth+22.2%
Median YoY Growth+10.2%

Frequently Asked Questions

What is Progressive's other underwriting expenses?
Progressive (PGR) reported other underwriting expenses of $3.05B in Q1 2026.
How has Progressive's other underwriting expenses changed year-over-year?
Progressive's other underwriting expenses increased by 12.1% year-over-year, from $2.72B to $3.05B.
What is the long-term trend for Progressive's other underwriting expenses?
Over 4 years (2021 to 2025), Progressive's other underwriting expenses has grown at a 19.0% compound annual growth rate (CAGR), from $5.65B to $11.33B.
What does other underwriting expenses mean?
General operating costs associated with running the insurance underwriting business.