Progressive’s property line CoR hits 116.7% in April on severe weather losses
Reinsurance News - May 16, 2024
The Progressive Corporation has released its results for April, revealing a property line combined ratio of 116.7%, driven by weather losses throughout the month. The insurer’s Property segment combined ratio for April is comprised of an expense ratio of 29.1% and a loss ratio of 87.6%. The di...
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