Progressive Premiums Rise to $23.64 Billion as Combined Ratio Holds
Net premiums written by Progressive Corp rose to $23.64 billion in the first quarter, up from $22.21 billion in the same period last year. Net premiums earned reached $20.97 billion, compared to $19.41 billion in the previous year. These figures follow the company's April 15, 2026, financial results release. The combined ratio for the quarter was 86.4%, slightly higher than the 86% recorded in the prior year. The company maintains a profitability rank of 8/10 and a growth rank of 10/10.
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