Operating

Unpaid losses and loss expenses

Progressive Unpaid losses and loss expenses remained flat by 0.0% to $1.07B in Q1 2026 compared to the prior quarter.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2025
Last reportedQ1 2026May 4, 2026

How to read this metric

An increase suggests higher expected future claims, while a decrease may indicate favorable claims experience or reserve releases.

Detailed definition

This represents the change in the estimated liability for insurance claims that have been incurred but not yet paid. It...

Peer comparison

Core metric for all insurance peers; directly tied to underwriting performance and actuarial assumptions.

Metric ID: operating_increase_decrease_in_liability_for_claims_and__8d2ae9

Historical Data

4 periods
 Q1 '25Q1 '25Q1 '26Q1 '26
Value$765.00M$765.00M$1.07B$1.07B
QoQ Change+0.0%+39.5%+0.0%
YoY Change+39.5%+39.5%
Range$765.00M$1.07B
Avg YoY Growth+39.5%
Median YoY Growth+39.5%
Current Streak3+ quarters growth

Frequently Asked Questions

What is Progressive's unpaid losses and loss expenses?
Progressive (PGR) reported unpaid losses and loss expenses of $1.07B in Q1 2026.
What does unpaid losses and loss expenses mean?
The change in the amount of money the company expects to pay out for insurance claims.