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Progressive PGR Ceded Premiums Written

Ceded Premiums Written at other companies

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Universal Insurance HoldingsUVE

Other financials

Income statement

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Revenue$22.2B+8.7%
Net income$3.3B+4.3%
EPS (diluted)$4.80+9.8%

Balance sheet

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Cash & equivalents$162.0M-16.9%
Total debt$8.4B+21.6%
Total equity$34.3B+5.3%
Total assets$124.93B+8.2%

Cash flow

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Operating cash flow$4.4B-15.1%
CapEx$63.0M+6.8%
Free cash flow$4.3B-15.3%

Valuation

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Market cap$125.19B-13.7%
P/E10.7×-3.2×

Profitability

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Net margin12.9%+1.8pp
FCF margin18.4%-1.7pp

Returns & leverage

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Return on equity34.9%-2.4pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Progressive in its filing.

Tagged under the XBRL concept us-gaap:CededPremiumsWritten.

The source filing: Progressive’s 10-K, filed March 2, 2026. Open the filing →

Filed
Mar 2, 2026, 10:40 AM EST
Fiscal year
FY2025
Accession
0000080661-26-000086

FAQ

What is Progressive's ceded premiums written?
Progressive (PGR) reported ceded premiums written of $258.5M in Q4 2025.
How has Progressive's ceded premiums written changed year-over-year?
Progressive's ceded premiums written decreased by 29.6% year-over-year, from $367.25M to $258.5M.
What is the long-term trend for Progressive's ceded premiums written?
Over 4 years (2021 to 2025), Progressive's ceded premiums written has grown at a -12.0% compound annual growth rate (CAGR), from $1.72B to $1.03B.
What does ceded premiums written mean?
The total amount of premiums paid or payable to reinsurers for the transfer of insurance risk during the period. This reflects the company's strategy for managing risk exposure and capital requirements through reinsurance agreements.

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