Progressive sees Q4 net income soar as combined ratio falls to 88.7%
Reinsurance News - Jan 25, 2024
The Progressive Corporation has reported a Q4 2023 net income of $1.99 billion, up a massive 141% compared with the same period of 2022. The firm also disclosed that its combined ratio smoothed out in the quarter, dropping down to 88.7% compared to the 93.9% reported in Q4 of 2022. Elsewhere, Progre...
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