Current Assets
Prepaid reinsurance premiums
Progressive Prepaid reinsurance premiums increased by 0.5% to $198M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 35.3%, from $306M to $198M. Over 5 years (FY 2020 to FY 2025), Prepaid reinsurance premiums shows a downward trend with a -11.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 4, 2026
How to read this metric
Changes reflect the timing and volume of reinsurance purchasing and the duration of the underlying risk protection.
Detailed definition
This represents the unexpired portion of premiums paid to reinsurers for coverage that extends into future periods. It i...
Peer comparison
Standard for all insurers using reinsurance, reflecting the timing of contract renewals.
Metric ID:
ins_prepaid_reinsurance_premiumsHistorical 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 | $620M | $661.1M | $457.6M | $455.1M | $464.3M | $367.5M | $295.5M | $269.6M | $242.9M | $235M | $250M | $210M | $291M | $224M | $349M | $306M | $263M | $215M | $197M | $198M |
| QoQ Change | — | +6.6% | -30.8% | -0.5% | +2.0% | -20.8% | -19.6% | -8.8% | -9.9% | -3.3% | +6.4% | -16.0% | +38.6% | -23.0% | +55.8% | -12.3% | -14.1% | -18.3% | -8.4% | +0.5% |
| YoY Change | — | — | — | — | -25.1% | -44.4% | -35.4% | -40.8% | -47.7% | -36.1% | -15.4% | -22.1% | +19.8% | -4.7% | +39.6% | +45.7% | -9.6% | -4.0% | -43.6% | -35.3% |
Range$197M – $661.1M
CAGR-21.4%
Avg YoY Growth-16.2%
Median YoY Growth-23.6%
Prepaid reinsurance premiums at Other Companies
Frequently Asked Questions
- What is Progressive's prepaid reinsurance premiums?
- Progressive (PGR) reported prepaid reinsurance premiums of $198M in Q1 2026.
- How has Progressive's prepaid reinsurance premiums changed year-over-year?
- Progressive's prepaid reinsurance premiums decreased by 35.3% year-over-year, from $306M to $198M.
- What is the long-term trend for Progressive's prepaid reinsurance premiums?
- Over 5 years (2020 to 2025), Progressive's prepaid reinsurance premiums has grown at a -11.8% compound annual growth rate (CAGR), from $368.1M to $197M.
- What does prepaid reinsurance premiums mean?
- The value of reinsurance coverage that has been paid for but has not yet been used.