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Progressive PGR Other Shortduration Insurance Product Line — Total reinsurance recoverables on unpaid claims

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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$123.69B-14.8%
P/E10.6×-3.3×

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:ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments.

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 other shortduration insurance product line — total reinsurance recoverables on unpaid claims?
Progressive (PGR) reported other shortduration insurance product line — total reinsurance recoverables on unpaid claims of $207M in Q4 2025.
How has Progressive's other shortduration insurance product line — total reinsurance recoverables on unpaid claims changed year-over-year?
Progressive's other shortduration insurance product line — total reinsurance recoverables on unpaid claims decreased by 41.5% year-over-year, from $354M to $207M.
What does other shortduration insurance product line — total reinsurance recoverables on unpaid claims mean?
This metric measures the portion of the 'Other business' segment's unpaid claim liabilities that are expected to be recovered from third-party reinsurers. It represents the amount the company is entitled to collect under its reinsurance contracts for claims already incurred. High levels of recoverables indicate a significant reliance on reinsurance to mitigate underwriting volatility within this specific business segment.

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