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Progressive Reports August 2024 EPS $1.59; Net Premiums Written $6.507B

Author: Benzinga Newsdesk | September 13, 2024 08:18am

The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended August 31, 2024:

August
(millions, except per share amounts and ratios; unaudited)	2024
Net premiums written	$	6,507.1
Net premiums earned	$	5,967.9
Net income	$	935.3
Per share available to common shareholders	$	1.59
Total pretax net realized gains (losses) on securities	$	104.0
Combined ratio – current year	85.5
– prior year month	97.2
Average diluted equivalent common shares	587.6

Posted In: PGR