Progressive records reinsurance recoverable in property business as May cat losses hit $722m
Reinsurance News - Jun 14, 2024
Property and auto-focused insurance group, Progressive, has reported significant, net catastrophe losses of $722.1 million for the month of May, leading the firm to record a reinsurance recoverable of $95.1 million in its property segment under its per occurrence reinsurance arrangements. The more t...
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