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Property and casualty insurer Progressive (NYSE:PGR) announced on Wednesday a year-over-year increase of 19% in its April net premiums earned to $6.64B from $5.58B.
Net premiums written rose 11% from last year to $6.84B from $6.18B. Net income was up to $986M from $421M, while GAAP EPS reached $1.68 from $0.72.
Combined ratio stood at 84.9% as of April 30, 2025.
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