Other
Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid
Progressive Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid decreased by 1.5% to $12.70B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.7%, from $11.69B to $12.70B. Over 4 years (FY 2021 to FY 2025), Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid shows an upward trend with a 13.6% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
High payments indicate active claim resolution, while low payments relative to reserves may suggest slower settlement cycles.
Detailed definition
Represents the total cash outflows made by an insurer to settle claims and cover the associated costs of investigating a...
Peer comparison
Standard metric for all property and casualty insurers, often compared against total loss reserves.
Metric ID:
other_payments_for_losses_and_loss_adjustment_expenseHistorical Data
20 periods
| 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 | $6.80B | $7.58B | $8.53B | $8.29B | $8.29B | $8.55B | $9.62B | $9.70B | $10.21B | $10.44B | $10.51B | $10.39B | $10.68B | $11.08B | $11.93B | $11.69B | $12.04B | $12.41B | $12.89B | $12.70B |
| QoQ Change | — | +11.4% | +12.6% | -2.8% | -0.0% | +3.1% | +12.6% | +0.8% | +5.2% | +2.3% | +0.7% | -1.1% | +2.8% | +3.7% | +7.6% | -2.0% | +3.0% | +3.0% | +3.9% | -1.5% |
| YoY Change | — | — | — | — | +21.8% | +12.8% | +12.8% | +17.0% | +23.1% | +22.1% | +9.2% | +7.2% | +4.7% | +6.2% | +13.5% | +12.4% | +12.7% | +11.9% | +8.1% | +8.7% |
Range$6.80B – $12.89B
CAGR+14.0%
Avg YoY Growth+12.8%
Median YoY Growth+12.6%
Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid at Other Companies
Frequently Asked Questions
- What is Progressive's liability for unpaid claims and claims adjustment expense, claims paid?
- Progressive (PGR) reported liability for unpaid claims and claims adjustment expense, claims paid of $12.70B in Q1 2026.
- How has Progressive's liability for unpaid claims and claims adjustment expense, claims paid changed year-over-year?
- Progressive's liability for unpaid claims and claims adjustment expense, claims paid increased by 8.7% year-over-year, from $11.69B to $12.70B.
- What is the long-term trend for Progressive's liability for unpaid claims and claims adjustment expense, claims paid?
- Over 4 years (2021 to 2025), Progressive's liability for unpaid claims and claims adjustment expense, claims paid has grown at a 13.6% compound annual growth rate (CAGR), from $29.39B to $49.03B.
- What does liability for unpaid claims and claims adjustment expense, claims paid mean?
- The total cash paid out by the company to settle insurance claims and related administrative costs.