Products & Services · Catastrophe losses
Underwriting operations — Catastrophe losses
Progressive Underwriting operations — Catastrophe losses remained flat by 0.0% to $268.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 41.6%, from $459.00M to $268.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ1 2026
How to read this metric
High levels of catastrophe losses signal significant environmental impact on the portfolio, while low levels indicate a period of relative stability in the insured regions.
Detailed definition
These are losses resulting from large-scale, unpredictable events such as hurricanes, wildfires, or other natural disast...
Peer comparison
Standard line item for P&C insurers; highly dependent on geographic exposure and climate conditions.
Metric ID:
pgr_segment_underwriting_operations_catastrophe_lossesHistorical Data
34 periods
| Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q4 '22 | Q4 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | Q4 '23 | Q4 '23 | Q1 '24 | Q1 '24 | Q2 '24 | Q2 '24 | Q3 '24 | Q3 '24 | Q4 '24 | Q4 '24 | Q1 '25 | Q1 '25 | Q2 '25 | Q2 '25 | Q3 '25 | Q3 '25 | Q4 '25 | Q4 '25 | Q1 '26 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $415.00M | $415.00M | $415.00M | $415.00M | $415.00M | $415.00M | $415.00M | $415.00M | $448.50M | $448.50M | $448.50M | $448.50M | $448.50M | $448.50M | $448.50M | $448.50M | $347.00M | $347.00M | $1.27B | $1.27B | $732.00M | $732.00M | $166.00M | $166.00M | $459.00M | $459.00M | $707.00M | $707.00M | $219.00M | $219.00M | $93.00M | $93.00M | $268.00M | $268.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +8.1% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | -22.6% | +0.0% | +265.7% | +0.0% | -42.3% | +0.0% | -77.3% | +0.0% | +176.5% | +0.0% | +54.0% | +0.0% | -69.0% | +0.0% | -57.5% | +0.0% | +188.2% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +8.1% | +8.1% | +8.1% | +8.1% | +8.1% | +8.1% | +8.1% | +8.1% | -22.6% | -22.6% | +182.9% | +182.9% | +63.2% | +63.2% | -63.0% | -63.0% | +32.3% | +32.3% | -44.3% | -44.3% | -70.1% | -70.1% | -44.0% | -44.0% | -41.6% | -41.6% |
Range$93.00M – $1.27B
CAGR-5.2%
Avg YoY Growth+1.9%
Median YoY Growth+8.1%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Progressive's underwriting operations — catastrophe losses?
- Progressive (PGR) reported underwriting operations — catastrophe losses of $268.00M in Q1 2026.
- How has Progressive's underwriting operations — catastrophe losses changed year-over-year?
- Progressive's underwriting operations — catastrophe losses decreased by 41.6% year-over-year, from $459.00M to $268.00M.
- What does underwriting operations — catastrophe losses mean?
- The cost of claims arising from major, unpredictable natural disasters.