Progressive Company (NYSE: PGR) has reported a pointy enhance in internet earnings for July 2025, because the insurance coverage holding firm’s premiums grew in double digits.
- July 2025 internet earnings got here in at $1.09 billion, vs. $814.0 million within the comparable month of 2024
- On a per-share foundation, earnings climbed 34% to $1.85 from $1.38 within the prior-year interval
- Internet premiums written had been $7.06 billion through the month, in comparison with $6.38 billion in July final yr
- Internet premiums earned elevated 15% to $6.99 billion from $6.07 billion a yr earlier
- The corporate reported a mixed ratio of 85.3% for July, in comparison with 88% final yr
- On the finish of the month, Progressive had 37.6 million insurance policies in power, which is up 14% from the year-ago interval
