Progressive PGR Underwriting operations — Underwriting Margin

Similar metrics at other companies

SIEBUnderwriting

$173.5K—

JPMUnderwriting

$2.2B+33.2%

HTHUnderwriting — Revenue

$5.46M+10.9%

VRSKUnderwriting — Revenue

$569.1M+3.5%

BH

BHInsurance Underwriting — Restaurant operations

$17.8M+0.2%

BH

BHInsurance Underwriting — Insurance losses and underwriting expenses

$4.96M-1.7%

FAQ

What is Progressive's underwriting operations — underwriting margin?

Progressive (PGR) reported underwriting operations — underwriting margin of 13.6% in Q1 2026.

How has Progressive's underwriting operations — underwriting margin changed year-over-year?

Progressive's underwriting operations — underwriting margin decreased by 2.9% year-over-year, from 14% to 13.6%.

What is the long-term trend for Progressive's underwriting operations — underwriting margin?

Over 3 years (2021 to 2024), Progressive's underwriting operations — underwriting margin has grown at a 33.2% compound annual growth rate (CAGR), from 14.1% to 33.3%.

What does underwriting operations — underwriting margin mean?

This metric represents the percentage of net premiums earned that remains as profit after accounting for all underwriting-related losses and expenses. It serves as a primary indicator of the core profitability of the insurance underwriting business before investment income is considered.