Other

Other underwriting expenses

Progressive Other underwriting expenses decreased by 14.6% to $1.62B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.1%, from $1.54B to $1.62B. Over 3 years (FY 2022 to FY 2025), Other underwriting expenses shows an upward trend with a 23.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026May 4, 2026

How to read this metric

Lower values indicate better operational leverage and efficiency in managing the underwriting business.

Detailed definition

General administrative and operational expenses directly related to the underwriting process, excluding direct acquisiti...

Peer comparison

Comparable to general and administrative (G&A) expenses specifically allocated to underwriting segments at other insurers.

Metric ID: other_other_underwriting_expense_adjusted

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.02B$1.02B$1.02B$1.02B$1.23B$1.23B$1.23B$1.23B$1.33B$1.38B$1.50B$1.51B$1.54B$1.56B$2.70B$1.90B$1.62B
QoQ Change+0.0%+0.0%+0.0%+20.9%+0.0%+0.0%+0.0%+7.9%+3.5%+8.7%+0.7%+2.3%+1.4%+72.7%-29.7%-14.6%
YoY Change+20.9%+20.9%+20.9%+20.9%+7.9%+11.7%+21.4%+22.2%+16.0%+13.6%+80.4%+26.0%+5.1%
Range$1.02B$2.70B
CAGR+12.3%
Avg YoY Growth+22.1%
Median YoY Growth+20.9%
Current Streak2 quarters decline

Product Breakdown

View all
SegmentQ1 '25
Underwriting operations$1.54B
Total$1.54B

Frequently Asked Questions

What is Progressive's other underwriting expenses?
Progressive (PGR) reported other underwriting expenses of $1.62B in Q1 2026.
How has Progressive's other underwriting expenses changed year-over-year?
Progressive's other underwriting expenses increased by 5.1% year-over-year, from $1.54B to $1.62B.
What is the long-term trend for Progressive's other underwriting expenses?
Over 3 years (2022 to 2025), Progressive's other underwriting expenses has grown at a 23.6% compound annual growth rate (CAGR), from $4.08B to $7.70B.
What does other underwriting expenses mean?
Administrative costs associated with the underwriting and management of insurance policies.