Inside P&C is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2023

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Progressive: Another step towards normal loss patterns

Progressive main.jpg

Progressive’s March results were strong. The firm reported $0.49 in operating EPS, down 50% YoY, and saw a headline combined of 90.7% (up 13.6 pts YoY). The comparison was complicated by an unfavorable comp against March 2020, a period associated with the pandemic’s peak by the extent of its socio-economic impact.