The company reported net premiums written of $6,178.0 million, net income of $420.3 million ($0.72 per share), and a combined ratio of 89.0 (97.9 in the same month of the prior year) for the month of April 2024.

1. 01

   The company reported net premiums written of $6,178.0 million, net income of $420.3 million ($0.72 per share), and a combined ratio of 89.0 (97.9 in the same month of the prior year) for the month of April 2024.

2. 02

   Progressive said that for the year to date through April 30, 2024, net income was $2,751.7 million, net premiums written were $25,140.2 million, and the combined ratio was 86.8.

3. 03

   The company said that as of April 30, 2024, shareholders’ equity was $21,626.6 million, debt was $6,890.0 million, and the debt-to-total capital ratio was 24.2%. It also said it repurchased 10,269 common shares at an average cost of $209.92.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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