Progressive Reports August 2024 Results

MAYFIELD VILLAGE, OHIO, Sept. 13, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended August 31, 2024:

 

August

(millions, except per share amounts and ratios; unaudited)

 

2024

Net premiums written

$

6,507.1

Net premiums earned

$

5,967.9

Net income

$

935.3

Per share available to common shareholders

$

1.59

Total pretax net realized gains (losses) on securities

$

104.0

Combined ratio, current year

 

85.5

                         – prior year month