Progressive(US:PGR) Globenewswireยท2025-09-17 12:19Financial Performance - The Progressive Corporation reported net premiums written of $7,199 million for August 2025, an increase of 11% from $6,507 million in August 2024 [1] - Net premiums earned rose to $7,036 million, reflecting an 18% increase compared to $5,968 million in the previous year [1] - The company achieved a net income of $1,220 million, which is a 30% increase from $935 million in August 2024 [1] - Earnings per share available to common shareholders increased by 30% to $2.07 from $1.59 [1] - Total pretax net realized gains on securities decreased by 25% to $78 million from $104 million [1] - The combined ratio improved to 83.1, a decrease of 2.4 percentage points from 85.5 [1] Policy Growth - The total number of policies in force increased to 37,890 thousand, a 13% rise from 33,412 thousand in August 2024 [1] - Personal lines policies grew to 36,693 thousand, marking a 14% increase from 32,286 thousand [1] - Agency auto policies increased by 14% to 10,575 thousand, while direct auto policies rose by 18% to 15,524 thousand [1] - Special lines policies grew by 8% to 6,955 thousand, and property policies increased by 6% to 3,639 thousand [1] - Commercial lines policies also saw a 6% increase, reaching 1,197 thousand [1]