The Progressive Company (NYSE: PGR), an insurance coverage holding firm, has reported a modest enhance in web revenue for October 2024.
Internet revenue got here in at $408.2 million in October, in comparison with $406.0 million within the comparable month of 2023On a per-share foundation, October earnings rose to $0.69 from $0.68 final yearNet premiums written have been $6.58 billion throughout the month, in comparison with $5.53 billion in October 2023Net premiums earned elevated 19% to $6.69 billion in October from $5.38 billion a 12 months earlierThe firm reported a mixed ratio of $94.1% for the month, vs. 91.7% final yearAt the top of the month, the corporate had 34.36 million insurance policies in pressure, which is up 16% from the year-ago interval
