Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid
Progressive Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid decreased by 1.5% to $12.70B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.7%, from $11.69B to $12.70B. Over 4 years (FY 2021 to FY 2025), Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid shows an upward trend with a 13.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
High cash payments relative to incurred losses may indicate a faster settlement cycle or higher-than-expected claim severity.
Detailed definition
The actual cash disbursed to settle insurance claims and associated adjustment expenses during the period. This represen...
Peer comparison
Essential for assessing the cash flow profile of an insurance carrier.
other_payments_for_losses_and_loss_adjustment_expenseHistorical Data
| 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 | $6.80B | $7.58B | $8.53B | $8.29B | $8.29B | $8.55B | $9.62B | $9.70B | $10.21B | $10.44B | $10.51B | $10.39B | $10.68B | $11.08B | $11.93B | $11.69B | $12.04B | $12.41B | $12.89B | $12.70B |
| QoQ Change | — | +11.4% | +12.6% | -2.8% | -0.0% | +3.1% | +12.6% | +0.8% | +5.2% | +2.3% | +0.7% | -1.1% | +2.8% | +3.7% | +7.6% | -2.0% | +3.0% | +3.0% | +3.9% | -1.5% |
| YoY Change | — | — | — | — | +21.8% | +12.8% | +12.8% | +17.0% | +23.1% | +22.1% | +9.2% | +7.2% | +4.7% | +6.2% | +13.5% | +12.4% | +12.7% | +11.9% | +8.1% | +8.7% |
Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid at Other Companies
Frequently Asked Questions
- What is Progressive's liability for unpaid claims and claims adjustment expense, claims paid?
- Progressive (PGR) reported liability for unpaid claims and claims adjustment expense, claims paid of $12.70B in Q1 2026.
- How has Progressive's liability for unpaid claims and claims adjustment expense, claims paid changed year-over-year?
- Progressive's liability for unpaid claims and claims adjustment expense, claims paid increased by 8.7% year-over-year, from $11.69B to $12.70B.
- What is the long-term trend for Progressive's liability for unpaid claims and claims adjustment expense, claims paid?
- Over 4 years (2021 to 2025), Progressive's liability for unpaid claims and claims adjustment expense, claims paid has grown at a 13.6% compound annual growth rate (CAGR), from $29.39B to $49.03B.
- What does liability for unpaid claims and claims adjustment expense, claims paid mean?
- Total cash paid out for insurance claims during the year.