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.
Lower expenses relative to premiums indicate better operational efficiency and cost control.
Operating expenses incurred in the process of underwriting and administering insurance policies, excluding direct claims...
Often grouped under 'Underwriting, General, and Administrative Expenses' (UGA) in industry reports.
other_other_underwriting_expense| 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 | $1.44B | $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% |