Progressive Reports April 2025 Results
Progressive reported strong financial results for April 2025, with net income surging 134% to $986 million ($1.68 per share) compared to $421 million in April 2024. The company demonstrated robust growth across key metrics, with net premiums written increasing 11% to $6.84 billion and net premiums earned rising 19% to $6.64 billion. The insurer's efficiency improved significantly, with a combined ratio of 84.9%, down 4.1 points from the previous year.
Progressive's policy growth remained strong, with total policies in force increasing 17% to 36.65 million. Direct auto policies showed the strongest growth at 23%, while agency auto policies grew 18%. The company maintained its position as the second-largest personal auto insurer in the country, with notable presence in commercial auto, motorcycle, boat, and homeowners insurance segments.
Progressive ha riportato risultati finanziari solidi per aprile 2025, con un utile netto in aumento del 134% a 986 milioni di dollari (1,68 dollari per azione) rispetto ai 421 milioni di aprile 2024. L'azienda ha mostrato una crescita robusta in metriche chiave, con premi netti sottoscritti in aumento dell'11% a 6,84 miliardi di dollari e premi netti guadagnati cresciuti del 19% a 6,64 miliardi di dollari. L'efficienza dell'assicuratore è migliorata notevolmente, con un indice combinato dell'84,9%, in calo di 4,1 punti rispetto all'anno precedente.
La crescita delle polizze di Progressive è rimasta forte, con un numero totale di polizze attive aumentato del 17% a 36,65 milioni. Le polizze auto dirette hanno registrato la crescita più significativa con il 23%, mentre le polizze auto tramite agenzia sono cresciute del 18%. L'azienda ha mantenuto la sua posizione come secondo più grande assicuratore auto personale nel paese, con una presenza significativa anche nei segmenti di assicurazioni commerciali auto, motocicli, barche e abitazioni.
Progressive reportó sólidos resultados financieros para abril de 2025, con un ingreso neto que se disparó un 134% hasta 986 millones de dólares (1,68 dólares por acción) en comparación con 421 millones en abril de 2024. La compañía mostró un crecimiento robusto en métricas clave, con primas netas suscritas que aumentaron un 11% hasta 6,84 mil millones de dólares y primas netas devengadas que crecieron un 19% hasta 6,64 mil millones de dólares. La eficiencia del asegurador mejoró significativamente, con un índice combinado del 84,9%, bajando 4,1 puntos respecto al año anterior.
El crecimiento de pólizas de Progressive se mantuvo fuerte, con un total de pólizas vigentes que aumentó un 17% hasta 36,65 millones. Las pólizas de autos directas mostraron el mayor crecimiento con un 23%, mientras que las pólizas de autos por agencia crecieron un 18%. La compañía mantuvo su posición como el segundo mayor asegurador de autos personales del país, con una presencia destacada en los segmentos de autos comerciales, motocicletas, barcos y seguros para viviendas.
Progressive� 2025� 4월에 강력� 재무 실적� 보고했으�, 순이익이 134% 급증하여 9� 8600� 달러 (주당 1.68달러)� 기록� 2024� 4월의 4� 2100� 달러와 비교되었습니�. 회사� 주요 지� 전반에서 견고� 성장� 보였으며, 순보험료 인수액이 11% 증가하여 68� 4천만 달러, 순보험료 수입은 19% 증가하여 66� 4천만 달러� 달했습니�. 보험사의 효율성도 크게 개선되어 종합 손해율이 84.9%� 전년 대� 4.1포인� 하락했습니다.
Progressive� 보험 계약 성장� 견고하게 유지되어 � 보험 계약 수가 17% 증가� 3,665� �� 이르렀습니�. 직접 자동� 보험 계약� 23%� 가� � 성장� 보였�, 대리점 자동� 보험 계약� 18% 증가했습니다. 회사� 국내 � 번째� � 개인 자동� 보험� 위치� 유지했으�, 상업� 자동�, 오토바이, 보트, 주택 보험 부문에서도 두드러진 입지� 확보했습니다.
Progressive a annoncé de solides résultats financiers pour avril 2025, avec un revenu net en hausse de 134 % à 986 millions de dollars (1,68 dollar par action) contre 421 millions en avril 2024. L'entreprise a affiché une croissance robuste sur les indicateurs clés, avec une prime nette souscrite en hausse de 11 % à 6,84 milliards de dollars et une prime nette acquise en hausse de 19 % à 6,64 milliards de dollars. L'efficacité de l'assureur s'est nettement améliorée, avec un ratio combiné de 84,9 %, en baisse de 4,1 points par rapport à l'année précédente.
La croissance des polices de Progressive est restée forte, avec un nombre total de polices en vigueur en hausse de 17 % à 36,65 millions. Les polices auto directes ont connu la plus forte croissance à 23 %, tandis que les polices auto par agence ont augmenté de 18 %. La société a conservé sa position de deuxième plus grand assureur auto personnel du pays, avec une présence notable dans les segments des assurances auto commerciales, moto, bateau et habitation.
Progressive meldete starke Finanzergebnisse für April 2025, mit einem Nettoeinkommen, das um 134 % auf 986 Millionen US-Dollar stieg (1,68 US-Dollar pro Aktie) im Vergleich zu 421 Millionen im April 2024. Das Unternehmen verzeichnete robustes Wachstum bei wichtigen Kennzahlen, wobei die netto gezeichneten Prämien um 11 % auf 6,84 Milliarden US-Dollar zunahmen und die verdienten Netto-Prämien um 19 % auf 6,64 Milliarden US-Dollar stiegen. Die Effizienz des Versicherers verbesserte sich deutlich, mit einer Gesamtquote von 84,9 %, was einem Rückgang von 4,1 Punkten gegenüber dem Vorjahr entspricht.
Das Wachstum der Policen bei Progressive blieb stark, mit einer Gesamtzahl der aktiven Policen, die um 17 % auf 36,65 Millionen stieg. Direktverkaufte Autopolice wiesen mit 23 % das stärkste Wachstum auf, während Agentur-Autopolice um 18 % zunahmen. Das Unternehmen behauptete seine Position als zweitgrößter persönlicher Autoversicherer im Land und zeigte eine bemerkenswerte Präsenz in den Segmenten gewerbliche Auto-, Motorrad-, Boots- und Hausratversicherung.
- Net income increased 134% year-over-year to $986 million
- Combined ratio improved by 4.1 points to 84.9%
- Net premiums written grew 11% to $6.84 billion
- Total policies in force increased 17% to 36.65 million
- Strong growth across all segments, particularly in Direct auto (23%) and Agency auto (18%)
- AG˹ٷized losses on securities of $3 million
Insights
Progressive delivered exceptional April results with 134% net income growth and a strong 84.9% combined ratio, showing remarkable underwriting profitability.
Progressive's April 2025 performance demonstrates exceptional growth and profitability metrics across key areas. The company posted
The combined ratio of
Growth metrics are equally strong with net premiums written increasing
Policy growth demonstrates Progressive's market share expansion across all segments. Direct auto policies increased
These results reinforce Progressive's position as the second-largest personal auto insurer with expanding presence in property insurance. The substantial improvement in realized securities losses (from
MAYFIELD VILLAGE, OHIO, May 21, 2025 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended April30, 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®makes it easy to understand, buy and use, , and other protection needs.Progressiveofferschoicesso consumers can reach us however it’s most convenient for them � online at , by phone at1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.
Progressiveprovides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; itis the second largest personal auto insurer in the country, a leading seller of auto,,and 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®, Snapshot®, and HomeQuote Explorer®.
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
[email protected]
The Progressive Corporation
300 North Commons Blvd.
Mayfield Village, Ohio 44143
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