Products & Services · Pretax underwriting profit (loss)
Underwriting operations — Pretax underwriting profit (loss)
Progressive Underwriting operations — Pretax underwriting profit (loss) remained flat by 0.0% to $2.85B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.0%, from $2.72B to $2.85B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
How to read this metric
An increase indicates superior risk selection and pricing discipline, while a decrease suggests deteriorating loss experience or rising operational costs.
Detailed definition
This metric represents the core profitability of the insurance underwriting business, calculated as net premiums earned...
Peer comparison
Comparable to 'Underwriting Gain/Loss' reported by other property and casualty insurance companies.
Metric ID:
pgr_segment_underwriting_operations_pretax_underwriting_profit_lossHistorical 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 | $516.00M | $516.00M | $516.00M | $516.00M | $516.00M | $516.00M | $516.00M | $516.00M | $748.00M | $748.00M | $748.00M | $748.00M | $748.00M | $748.00M | $748.00M | $748.00M | $2.25B | $2.25B | $1.39B | $1.39B | $2.01B | $2.01B | $2.32B | $2.32B | $2.72B | $2.72B | $2.81B | $2.81B | $2.19B | $2.19B | $2.53B | $2.53B | $2.85B | $2.85B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +45.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +200.8% | +0.0% | -38.4% | +0.0% | +44.7% | +0.0% | +15.6% | +0.0% | +17.3% | +0.0% | +3.3% | +0.0% | -22.0% | +0.0% | +15.7% | +0.0% | +12.5% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +45.0% | +45.0% | +45.0% | +45.0% | +45.0% | +45.0% | +45.0% | +45.0% | +200.8% | +200.8% | +85.3% | +85.3% | +168.0% | +168.0% | +209.8% | +209.8% | +20.8% | +20.8% | +102.6% | +102.6% | +9.2% | +9.2% | +9.4% | +9.4% | +5.0% | +5.0% |
Range$516.00M – $2.85B
CAGR+23.0%
Avg YoY Growth+76.2%
Median YoY Growth+45.0%
Current Streak5 quarters growth
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Frequently Asked Questions
- What is Progressive's underwriting operations — pretax underwriting profit (loss)?
- Progressive (PGR) reported underwriting operations — pretax underwriting profit (loss) of $2.85B in Q1 2026.
- How has Progressive's underwriting operations — pretax underwriting profit (loss) changed year-over-year?
- Progressive's underwriting operations — pretax underwriting profit (loss) increased by 5.0% year-over-year, from $2.72B to $2.85B.
- What does underwriting operations — pretax underwriting profit (loss) mean?
- The profit or loss generated from insurance underwriting activities before accounting for investment income or taxes.