Progressive Corp. (PGR) Reports May 2021 Results
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The Progressive Corporation (NYSE: PGR) today reported the following results for May 2021:
|(millions, except per share amounts and ratios; unaudited)||2021||2020||Change|
|Net premiums written||$3,402.4||$3,174.2||7||%|
|Net premiums earned||$3,388.8||$2,991.2||13||%|
|Per share available to common shareholders||$0.58||$0.62||(7||)||%|
|Total pretax net realized gains (losses) on securities||$146.3||$210.6||(31||)||%|
|Combined ratio||93.1||93.7||(0.6) pts.|
|Average diluted equivalent common shares||586.9||587.2||0||%|
|Policies in Force|
|Agency – auto||7,986.3||7,336.7||9%|
|Direct – auto||9,537.1||8,434.4||13%|
|Total personal auto||17,523.4||15,771.1||11%|
|Total special lines||5,163.7||4,715.7||10%|
|Total Personal Lines||22,687.1||20,486.8||11%|
|Total Commercial Lines||893.4||776.6||15%|
See Progressive’s complete monthly earnings release, including the "Monthly Commentary," for additional information.
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