Non-Current Liabilities
Reserve for insurance claims
Progressive Reserve for insurance claims increased by 2.9% to $43.31B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.9%, from $39.06B to $43.31B. Over 5 years (FY 2020 to FY 2025), Reserve for insurance claims shows an upward trend with a 16.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ4 2025
How to read this metric
An increase may reflect higher expected claims volume or more conservative actuarial assumptions, while a decrease could signal improved claims experience or reserve releases.
Detailed definition
This represents the estimated liability for insurance claims that have been reported but not yet paid, as well as claims...
Peer comparison
Standard across financial institutions with insurance subsidiaries, often benchmarked against industry-standard loss ratios.
Metric ID:
ins_reserve_claimsHistorical Data
19 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $23.90B | $25.93B | $26.16B | $26.75B | $27.81B | $30.63B | $30.36B | $31.03B | $32.75B | $33.58B | $34.39B | $34.83B | $36.61B | $38.06B | $39.06B | $39.82B | $41.15B | $42.11B | $43.31B |
| QoQ Change | — | +8.5% | +0.9% | +2.3% | +4.0% | +10.1% | -0.9% | +2.2% | +5.6% | +2.5% | +2.4% | +1.3% | +5.1% | +4.0% | +2.6% | +2.0% | +3.3% | +2.3% | +2.9% |
| YoY Change | — | — | — | — | +16.4% | +18.1% | +16.0% | +16.0% | +17.8% | +9.6% | +13.3% | +12.3% | +11.8% | +13.4% | +13.6% | +14.3% | +12.4% | +10.6% | +10.9% |
Range$23.90B – $43.31B
CAGR+14.1%
Avg YoY Growth+13.8%
Median YoY Growth+13.4%
Current Streak12 quarters growth
Reserve for insurance claims at Other Companies
Frequently Asked Questions
- What is Progressive's reserve for insurance claims?
- Progressive (PGR) reported reserve for insurance claims of $43.31B in Q4 2025.
- How has Progressive's reserve for insurance claims changed year-over-year?
- Progressive's reserve for insurance claims increased by 10.9% year-over-year, from $39.06B to $43.31B.
- What is the long-term trend for Progressive's reserve for insurance claims?
- Over 5 years (2020 to 2025), Progressive's reserve for insurance claims has grown at a 16.4% compound annual growth rate (CAGR), from $20.27B to $43.31B.
- What does reserve for insurance claims mean?
- The estimated amount of money set aside to pay for future insurance claims.