Progressive Current year decreased by 1.1% to $14.28B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.1%, from $13.08B to $14.28B. Over 4 years (FY 2021 to FY 2025), Current year shows an upward trend with a 13.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lower values relative to premiums earned suggest better underwriting discipline and profitability.
This metric represents the current year's incurred claims and loss adjustment expenses for property and casualty insuran...
Standard metric for P&C insurers to assess current-year underwriting profitability.
other_supplemental_information_for_property_casualty_ins_a5be51| 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 | $8.33B | $9.29B | $9.02B | $8.67B | $9.47B | $10.11B | $9.96B | $10.00B | $11.68B | $11.35B | $11.53B | $10.98B | $12.65B | $12.65B | $13.20B | $13.08B | $13.93B | $13.91B | $14.43B | $14.28B |
| QoQ Change | — | +11.5% | -2.9% | -3.9% | +9.2% | +6.8% | -1.5% | +0.4% | +16.8% | -2.8% | +1.5% | -4.7% | +15.2% | -0.0% | +4.4% | -0.9% | +6.5% | -0.2% | +3.8% | -1.1% |
| YoY Change | — | — | — | — | +13.6% | +8.8% | +10.4% | +15.4% | +23.4% | +12.3% | +15.7% | +9.8% | +8.3% | +11.4% | +14.5% | +19.1% | +10.2% | +10.0% | +9.3% | +9.1% |