No. of Recommendations: 8
July results are impressive. Hope Geico is keeping up.
Property and casualty insurer Progressive (NYSE:PGR) announced on Wednesday July earned premiums of $6.99B, up 15% year-over-year.
Net premiums written rose 11% from last year to $7.06B during the month.
Net income per share available to common shareholders stood at $1.85, compared to $1.38 in July 2024.
The insurer sees a combined ratio of 85.3% for the month.
seekingalpha.com - Progressive sees yy rise in july earned premiums 