PGR · News · 20260814N

Combined Ratio Performance

PROGRESSIVE CORP/OH/ · 2026-08-14 · Importance 20 · Surprise 24

Progressive’s combined ratio deteriorated in Q2 2026, indicating weaker underwriting profitability. The deterioration occurred while net premiums written, net premiums earned, policies in force, and revenue increased. The combination of premium growth and a weaker combined ratio points to higher claims or other underwriting costs relative to premium revenue.

Key facts