Progressive sees stock market price slide on missed marks

Ohio-based US major insurer Progressive saw its stock market price fall on Friday after its Q3 financial results announcement.

The company recorded net premiums written for Q3 of $21.38 billion – an increase of 10% on Q3 2024’s number of $19.45 billion.

Net income for the quarter was $2.61 billion, which was a 12% increase from the same period in 2024, when it was $2.33 billion.

Please Login or Register for a free account to view this content. Benefits of registering include:

• Receive weekly Insurance Investor newsletter containing the latest articles and news
• Hear about latest industry developments and industry analysis first, and be informed ahead of the rest of the market
• Access exclusive invitations to Insurance Investor industry events in your local region, and meet with peers to network around research-led content programs