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Earnings Summary: Progressive Corporation reports higher profit for October

by TheAdviserMagazine
3 months ago
in Markets
Reading Time: 1 min read
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Earnings Summary: Progressive Corporation reports higher profit for October
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Insurance holding company Progressive Corporation (NYSE: PGR) has reported financial results for the month ended October 31, 2025.

Net premiums written increased 6% year-over-year to $7 billion in OctoberNet premiums earned were $7.1 billion, up 11% year-over-yearOctober net income more than doubled year-over-year to $846 million, or $1.44 per share The combined ratio for the month was 89.7%, compared to 94.1% last yearAt the end of the period, the company had a total of 38.38 million policies in force, up 12% YoYPersonal Lines and Commercial Lines policies increased 12% and 5%, respectively, from the year-ago period



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