Other
Loss and loss adjustment expense reserves
Progressive Loss and loss adjustment expense reserves decreased by 11.5% to $1.07B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 39.5%, from $765.00M to $1.07B. Over 4 years (FY 2021 to FY 2025), Loss and loss adjustment expense reserves shows a downward trend with a -2.7% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase may signal higher claim frequency or severity, while a decrease could indicate improved claims management or favorable reserve development.
Detailed definition
The net change in the estimated liability for unpaid claims and associated adjustment expenses. This reflects the compan...
Peer comparison
Critical metric for all insurers; directly impacts underwriting profitability and reserve adequacy.
Metric ID:
other_increase_decrease_in_liability_for_claims_and_clai_0b5947Historical 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 | $1.68B | $2.03B | $241.10M | $590.10M | $1.06B | $2.82B | $0.00 | $667.10M | $1.73B | $824.00M | $812.00M | $442.00M | $1.77B | $1.46B | $995.00M | $765.00M | $1.33B | $951.00M | $1.21B | $1.07B |
| QoQ Change | — | +20.7% | -88.1% | +144.8% | +79.3% | +166.6% | -100.0% | — | +158.9% | -52.3% | -1.5% | -45.6% | +301.4% | -17.9% | -31.7% | -23.1% | +74.1% | -28.6% | +26.7% | -11.5% |
| YoY Change | — | — | — | — | -37.2% | +38.9% | -100.0% | +13.0% | +63.3% | -70.8% | — | -33.7% | +2.7% | +76.8% | +22.5% | +73.1% | -24.9% | -34.7% | +21.1% | +39.5% |
Range$0.00 – $2.82B
CAGR-9.1%
Avg YoY Growth+3.3%
Median YoY Growth+13.0%
Loss and loss adjustment expense reserves at Other Companies
Frequently Asked Questions
- What is Progressive's loss and loss adjustment expense reserves?
- Progressive (PGR) reported loss and loss adjustment expense reserves of $1.07B in Q1 2026.
- How has Progressive's loss and loss adjustment expense reserves changed year-over-year?
- Progressive's loss and loss adjustment expense reserves increased by 39.5% year-over-year, from $765.00M to $1.07B.
- What is the long-term trend for Progressive's loss and loss adjustment expense reserves?
- Over 4 years (2021 to 2025), Progressive's loss and loss adjustment expense reserves has grown at a -2.7% compound annual growth rate (CAGR), from $4.75B to $4.25B.
- What does loss and loss adjustment expense reserves mean?
- The change in the total estimated amount the company expects to pay out for insurance claims.