MAYFIELD VILLAGE, OHIO, May 21, 2025 (GLOBE NEWSWIRE) -- The Progressive Corporation $(PGR)$ today reported the following results for the month ended April 30, 2025:

 
                                               April 
                                   ----------------------------- 
(millions, except per share 
amounts and ratios; unaudited)      2025     2024      Change 
                                   -------  -------  ----------- 
Net premiums written               $6,837   $6,178     11      % 
Net premiums earned                $6,641   $5,575     19      % 
Net income                         $  986   $  421    134      % 
   Per share available to common 
    shareholders                   $ 1.68   $ 0.72    134      % 
Total pretax net realized gains 
 (losses) on securities            $   (3)  $ (267)   (99)     % 
Combined ratio                       84.9     89.0   (4.1)  pts. 
Average diluted equivalent common 
 shares                             587.7    587.4      0      % 
---------------------------------   -----    -----   ----    --- 
 
 
                                    April 30, 
                             ------------------------ 
(thousands; unaudited)        2025    2024   % Change 
                                     ------  -------- 
Policies in Force 
Personal Lines 
    Agency -- auto           10,246   8,720        18 
    Direct -- auto           14,938  12,105        23 
    Special lines             6,705   6,153         9 
    Property                  3,590   3,261        10 
                             ------  ------ 
      Total Personal Lines   35,479  30,239        17 
Commercial Lines              1,174   1,108         6 
                             ------  ------ 
Companywide                  36,653  31,347        17 
                             ======  ====== 
 
 
 

See Progressive's complete monthly earnings release for additional information.

About Progressive

Progressive Insurance$(R)$ makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it's most convenient for them -- online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.

Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers.

Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price(R) , Snapshot(R) , and HomeQuote Explorer(R) .

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR.

Company Contact:

Douglas S. Constantine

(440) 395-3707

investor_relations@progressive.com

The Progressive Corporation

300 North Commons Blvd.

Mayfield Village, Ohio 44143

http://www.progressive.com

Download PDF: Progressive April 2025 Complete Earnings Release

(END) Dow Jones Newswires

May 21, 2025 08:24 ET (12:24 GMT)