Progressive Other Indemnity — Benefits, claims, losses, and settlement expenses remained flat by 0.0% to $250.00K in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 85.7%, from $1.75M to $250.00K. Over 4 years (FY 2021 to FY 2025), Other Indemnity — Benefits, claims, losses, and settlement expenses shows a downward trend with a -34.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to premiums suggests deteriorating underwriting profitability, while a decrease suggests improved loss control or favorable claim experience.
This metric captures the total costs incurred by the Other Indemnity segment related to policyholder claims, including l...
Similar to incurred loss and loss adjustment expense (LAE) ratios found in specialty insurance divisions of major underwriters.
pgr_segment_other_indemnity_benefits_claims_losses_and_settlement_expenses| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $5.40M | $5.90M | $6.20M | $7.00M | $1.00M |
| YoY Change | — | +9.3% | +5.1% | +12.9% | -85.7% |
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