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Progressive Reports February 2021 Results

Nachrichtenquelle: globenewswire
17.03.2021, 13:15  |  131   |   |   

MAYFIELD VILLAGE, OHIO, March 17, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for February 2021:

  February
(millions, except per share amounts and ratios; unaudited)
2021   2020   Change
         
Net premiums written $3,852.4   $3,404.2   13 %
Net premiums earned $3,202.5   $2,915.1   10 %
Net income attributable to Progressive $354.6   $67.1   428 %
Per share available to common shareholders $0.60   $0.11   444 %
Total pretax net realized gains (losses) on securities $128.4   $(257.0)   (150) %
Combined ratio 91.4   90.3   1.1 pts.
Average diluted equivalent common shares 586.8   586.9   0 %


  February
(thousands; unaudited)
2021   2020   Change
Policies in Force          
Personal Lines          
Agency – auto 7,752.6   7,148.1   8%
Direct – auto 9,132.3   8,095.1   13%
Total personal auto 16,884.9   15,243.2   11%
Total special lines 4,957.4   4,570.7   8%
Total Personal Lines 21,842.3   19,813.9   10%
Total Commercial Lines 842.0   764.0   10%
Property business 2,529.7   2,243.7   13%
Companywide Total 25,214.0   22,821.6   10%
           

See Progressive’s complete monthly earnings release, including the “Monthly Commentary,” for additional information.

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Progressive Reports February 2021 Results MAYFIELD VILLAGE, OHIO, March 17, 2021 (GLOBE NEWSWIRE) - The Progressive Corporation (NYSE:PGR) today reported the following results for February 2021:  February(millions, except per share amounts and ratios; unaudited)2021 2020 Change     Net …

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