Progressive posts a combined ratio of 91.4% for its property business in May’23
Reinsurance News - Jun 14, 2023
Property and auto-focused insurance group, The Progressive Corporation, has reported a combined ratio of 91.4% for its property business in its May 2023 results, which includes 66.1% in Loss/LAE ratio and 25.3% in Expense ratio. The net catastrophe loss ratio was high at 44.0% for the property busin...
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