Other
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims
Progressive Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims decreased by 2.0% to $13.83B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.0%, from $12.80B to $13.83B. Over 4 years (FY 2021 to FY 2025), Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims shows an upward trend with a 12.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
A significant increase may signal rising claim severity or frequency, impacting future profitability.
Detailed definition
The total estimated liability for claims that have been reported but not yet settled, plus estimates for claims incurred...
Peer comparison
A core balance sheet liability for all insurance companies.
Metric ID:
other_liability_for_unpaid_claims_and_claims_adjustment__8b297aHistorical 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 | $8.41B | $9.25B | $8.86B | $8.86B | $9.42B | $10.02B | $9.82B | $10.62B | $12.17B | $11.39B | $11.47B | $10.97B | $12.60B | $12.51B | $12.98B | $12.80B | $13.61B | $13.45B | $14.11B | $13.83B |
| QoQ Change | — | +10.0% | -4.2% | -0.0% | +6.4% | +6.3% | -1.9% | +8.1% | +14.6% | -6.4% | +0.7% | -4.4% | +14.8% | -0.7% | +3.8% | -1.4% | +6.3% | -1.2% | +4.9% | -2.0% |
| YoY Change | — | — | — | — | +12.1% | +8.3% | +10.9% | +19.9% | +29.2% | +13.7% | +16.8% | +3.3% | +3.5% | +9.9% | +13.2% | +16.7% | +8.0% | +7.5% | +8.6% | +8.0% |
Range$8.41B – $14.11B
CAGR+11.0%
Avg YoY Growth+11.8%
Median YoY Growth+10.4%
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims at Other Companies
Frequently Asked Questions
- What is Progressive's liability for unpaid claims and claims adjustment expense, incurred claims?
- Progressive (PGR) reported liability for unpaid claims and claims adjustment expense, incurred claims of $13.83B in Q1 2026.
- How has Progressive's liability for unpaid claims and claims adjustment expense, incurred claims changed year-over-year?
- Progressive's liability for unpaid claims and claims adjustment expense, incurred claims increased by 8.0% year-over-year, from $12.80B to $13.83B.
- What is the long-term trend for Progressive's liability for unpaid claims and claims adjustment expense, incurred claims?
- Over 4 years (2021 to 2025), Progressive's liability for unpaid claims and claims adjustment expense, incurred claims has grown at a 12.5% compound annual growth rate (CAGR), from $33.63B to $53.96B.
- What does liability for unpaid claims and claims adjustment expense, incurred claims mean?
- The total estimated cost to settle all outstanding insurance claims.