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Progressive Reports June 2025 Results

1. PGR reported a 15% increase in net premiums written. 2. Net income rose 40% to $1.124 billion quarter-over-quarter. 3. Policies in force grew 16%, indicating strong demand in personal lines. 4. Combined ratio improved significantly to 86.6 from 91.9 year-over-year. 5. Total pretax net realized gains on securities trended negatively compared to last year.

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$242.207/16 08:21 AM EDTEvent Start
$245.5907/17 02:17 PM EDTLatest Updated
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FAQ

Why Very Bullish?

PGR's strong earnings report reflects growth stability. Historical trends show similar results often correspond to positive stock price movements.

How important is it?

The significant increase in both income and premiums indications strong operational performance, which is likely to attract investors.

Why Short Term?

Immediate market reaction expected due to positive quarterly earnings. Historical data indicates rapid responses to earnings releases in insurance sector.

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AFLTRVALLMCOCNA
MAYFIELD VILLAGE, OHIO, July 16, 2025 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended June 30, 2025:  JuneQuarter(millions, except per share amounts and ratios; unaudited)2025 2024 Change2025 2024 ChangeNet premiums written$6,605 $5,749 15%$20,076 $17,902 12%Net premiums earned$6,954 $5,777 20%$20,310 $17,209 18%Net income$1,124 $803 40%$3,175 $1,459 118%Per share available to common shareholders$1.91 $1.37 40%$5.40 $2.48 118%Total pretax net realized gains (losses) on securities$179 $22 NM $387 $(127) (405)%Combined ratio86.6 86.2 0.4pts.86.2 91.9 (5.7)pts.Average diluted equivalent common shares588.0 587.4 0%587.8 587.4 0%NM = Not Meaningful              June 30,(thousands; unaudited)2025 2024 % ChangePolicies in Force     Personal Lines     Agency – auto10,423 8,965 16Direct – auto15,245 12,576 21Special lines6,850 6,312 9Property3,608 3,339 8Total Personal Lines36,126 31,192 16Commercial Lines1,189 1,118 6Companywide37,315 32,310 15       See Progressive’s complete monthly earnings release, including the “Monthly Commentary,” for additional information. About Progressive Progressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent. Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle, and boat 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. Download PDF: Progressive June 2025 Complete Earnings Release

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