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Progressive Reports November 2025 Results
Globenewswire· 2025-12-17 13:19
Core Insights - The Progressive Corporation reported a significant increase in net premiums written and earned for November 2025, with net premiums written at $6,193 million, up 11% from $5,563 million in November 2024, and net premiums earned at $6,894 million, up 14% from $6,040 million [1] - Despite the growth in premiums, net income decreased by 5% to $958 million from $1,006 million in the previous year, and earnings per share available to common shareholders also fell by 5% to $1.63 from $1.71 [1] - The company experienced a substantial decline in total pretax net realized gains on securities, which dropped 82% to $32 million from $175 million [1] - The combined ratio increased to 87.1 from 85.6, indicating a slight deterioration in underwriting performance [1] Premiums and Policies - The total number of policies in force increased by 11% year-over-year, reaching 38,414 thousand compared to 34,739 thousand in November 2024 [1] - In personal lines, the agency auto policies rose by 10% to 10,713 thousand, while direct auto policies increased by 14% to 15,856 thousand [1] - Special lines and property policies also saw growth, with special lines up 7% to 6,992 thousand and property policies up 4% to 3,657 thousand [1] - Commercial lines experienced a 5% increase, with policies in force reaching 1,196 thousand [1]
Progressive Announces Dividend Information And 2026 Annual Meeting Record Date
Globenewswire· 2025-12-08 16:05
MAYFIELD VILLAGE, OHIO, Dec. 08, 2025 (GLOBE NEWSWIRE) -- On December 5, 2025, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared an annual common share dividend, in the amount of $13.50 per share, and a quarterly common share dividend, in the amount of $0.10 per share. Both the annual and quarterly dividends are payable January 8, 2026, to shareholders of record at the close of business on January 2, 2026. The annual dividend amount for 2025 was determined by the Board based on our c ...