Progressive earnings: A fast response on loss trends is what sets it apart
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Progressive earnings: A fast response on loss trends is what sets it apart

Insurance Insider US Research
October 15, 2021
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A5 progressive rate filings vs.jpg

Progressive’s September results reflected the prior trend line of elevated loss trends, with the underlying loss ratio of 76.2% higher than pre-pandemic levels.

The firm reported $0.07 in operating EPS, down from $0.57 year-on-year, with a combined ratio of 100.1% vs. 88.3%.

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