WS Investor
20 Dec 2025, 17:01
Progressive Reports Higher Premiums but Lower Net Income in November 2025
The Progressive Corporation reported November 2025 results showing continued growth in premiums alongside a modest decline in profitability. Net premiums written rose 11% year over year to $6.19 billion, while net premiums earned increased 14% to $6.89 billion. Net income for the month declined 5% to $958 million, with earnings per share falling to $1.63 from $1.71 a year earlier.
The combined ratio increased to 87.1 from 85.6, reflecting higher underwriting costs, while total policies in force grew 11% to 38.4 million, driven by strong expansion across personal and commercial lines.
Source: Progressive Corporation, Globe Newswire
The Progressive Corporation reported November 2025 results showing continued growth in premiums alongside a modest decline in profitability. Net premiums written rose 11% year over year to $6.19 billion, while net premiums earned increased 14% to $6.89 billion. Net income for the month declined 5% to $958 million, with earnings per share falling to $1.63 from $1.71 a year earlier.
The combined ratio increased to 87.1 from 85.6, reflecting higher underwriting costs, while total policies in force grew 11% to 38.4 million, driven by strong expansion across personal and commercial lines.
Source: Progressive Corporation, Globe Newswire
