Progressive delivered a strong Q3 2025 with an impressive 89.5 combined ratio and continued premium growth of 10%, underscoring its competitive position in the market despite an evolving regulatory landscape in Florida.
- Achieved a combined ratio of 89.5, indicating robust operational efficiency and underwriting performance.
- Year-to-date premium growth reached 13%, with policies in force increasing by 12%, translating to 4.2 million additional policyholders.
- Recognized a $950 million policyholder credit expense in Florida, influenced by recent legislative changes that have improved loss cost metrics.
- Comprehensive income for the year stood at $10 billion, a notable increase of over 30% compared to 2024.
- Trailing 12-month return on equity hit 37.1%, reflecting strong profitability and capital management.
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