The company reported net premiums written of $6,684 million (up 17%), net premiums earned of $6,036 million (up 18%) and net income of $928 million (up 26%) for the month of February 2025.

1. 01

   The company reported net premiums written of $6,684 million (up 17%), net premiums earned of $6,036 million (up 18%) and net income of $928 million (up 26%) for the month of February 2025.

2. 02

   Progressive said its companywide combined ratio for February 2025 was 82.6, 4.2 points lower than 86.8 in the same month a year earlier. By business, the Personal Lines combined ratio was 81.7 and the Commercial Lines combined ratio was 88.0.

3. 03

   The company said year-to-date net income through the end of February 2025 was $2,045 million, compared with $1,438 million for the same period a year earlier. Year-to-date diluted net income per share was $3.48 ($2.42 a year earlier).

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.