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Progressive Reports May 2024 Results
MAYFIELD VILLAGE, OHIO, June 14, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended May 31, 2024:
May
(millions, except per share amounts and ratios; unaudited)
2024
Net premiums written
$
5,975.1
Net premiums earned
$
5,857.5
Net income
$
235.7
Per share available to common shareholders
$
0.40
Total pretax net realized gains (losses) on securities
$
117.6
Combined ratio – current year
100.4
– prior year month
99.0
Average diluted equivalent common shares
587.4
In October 2023, we converted ...