PGR · News · 20261021N

Combined Ratio Performance

PROGRESSIVE CORP/OH/ · 2026-10-21 · Importance 20 · Surprise 24

Progressive’s combined ratio improved in the third quarter of 2026, indicating stronger underwriting performance. The improvement occurred alongside 4% year-over-year growth in net premiums written to $22.3 billion. The reported underwriting improvement was partly offset by intensifying competition in the U.S. personal auto market, increasing the importance of disciplined pricing and risk selection.