Financials

Progressive reports unaudited financial results monthly. This information provides shareholders, policyholders, and others with recent information on the business. Variation in the loss/LAE ratio from month to month is an expected dynamic in our business. The company also holds periodic conference calls to discuss results.

 
2018 | 2017 | 2016 | 2015
DateTitle
12/14/16Progressive Reports November 2016 Results
MAYFIELD VILLAGE, OHIO - December 14, 2016  -- The Progressive Corporation (NYSE:PGR) today reported the following results for November 2016:                 (millions, except per share amounts and ratios; unaudited) November   November   Change   2016   2015                   Net premiums written $ 1,683.3   $ 1,500.1   12 % Net prem... 
12/02/16Progressive Announces Annual Dividend Information
MAYFIELD VILLAGE, OHIO - December 2, 2016 - The Progressive Corporation today announced that its Board of Directors declared an annual dividend to be paid on February 10, 2017, to shareholders of record at the close of business on February 3, 2017 (ex-dividend date of February 1, 2017). The amount of the dividend will be determined based on the Company's 2016 financial results and the following formula:   Dividend Amount Per Share   = Annual  After-Tax Underwriting Income X ... 
12/01/16Progressive Names Lori Niederst Chief Human Resource Officer
MAYFIELD VILLAGE, OHIO - December 1, 2016 - The Progressive Corporation (NYSE:PGR) today announced Lori Niederst as its new Chief Human Resource Officer following the anticipated and planned retirement of Valerie Krasowski. Krasowski spent 29 years at Progressive, including the last nine as Chief Human Resource Officer. Niederst recently celebrated her 19th anniversary with Progressive and has spent the last 11 years in senior Human Resource positions, including Business Leader, Compensation an... 
11/16/16Progressive Reports October 2016 Results
MAYFIELD VILLAGE, OHIO - November 16, 2016  -- The Progressive Corporation (NYSE:PGR) today reported the following results for October 2016:                 (millions, except per share amounts and ratios; unaudited) October   October   Change   2016   2015                   Net premiums written $ 2,259.2   $ 1,946.0   16 % Net premium... 
10/13/16Progressive Reports September 2016 Results
MAYFIELD VILLAGE, OHIO - October 13, 2016 -- The Progressive Corporation (NYSE:PGR) today reported the following results for September and the third quarter 2016:     September     Third Quarter (millions, except per share amounts and ratios; unaudited) 2016   2015   Chan... 
09/29/16Progressive Announces Annual Investor Relations Meeting Webcast
MAYFIELD VILLAGE, OHIO - September 29, 2016 -- The Progressive Corporation announced today that it will host a simultaneous webcast of its 2016 Investor Relations Meeting on Thursday, October 6, 2016, beginning at 1:00 p.m. eastern time. The meeting will last approximately three hours and will include a question and answer session following the presentations. The meeting will also be available simultaneously, in a listen-only format, by  phone. Participants via the phone will not be able to subm... 
09/15/16Progressive Reports August 2016 Results
MAYFIELD VILLAGE, OHIO - September 15, 2016  -- The Progressive Corporation (NYSE:PGR) today reported the following results for August 2016:                 (millions, except per share amounts and ratios; unaudited) August   August   Change   2016   2015                   Net premiums written $ 1,910.7   $ 1,678.1   14 % Net premiums ... 
08/22/16Progressive Announces Public Offering of $500 Million of Senior Notes
MAYFIELD VILLAGE, OHIO - August 22, 2016 - The Progressive Corporation (NYSE: PGR) today announced the pricing of $500 million aggregate principal amount of its 2.45% Senior Notes due 2027 in an underwritten public offering.  The notes were priced at 99.965% of par. Credit Suisse Securities (USA) LLC and Goldman, Sachs & Co. are acting as joint bookrunners for this debt offering.            The offering will be made pursuant to a registration statement on Form S-3, which was filed with the S... 
08/17/16Progressive Reports July 2016 Results
MAYFIELD VILLAGE, OHIO - August 17, 2016  -- The Progressive Corporation (NYSE:PGR) today reported the following results for July 2016:                 (millions, except per share amounts and ratios; unaudited) July   July   Change   2016   2015                   Net premiums written $ 2,276.4   $ 2,011.5   13 % Net premiums earned $... 
08/12/16August 2016 Loss Reserve Report
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08/12/16August 2016 Loss Reserve Report Appendix
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07/27/16Progressive Announces Investor Relations Conference Call
MAYFIELD VILLAGE, OHIO - July 27, 2016 -  As previously announced, The Progressive Corporation will host a one-hour conference call on Thursday, August 4, 2016, beginning at 1:00 p.m. eastern time. On August 3, 2016, Progressive expects to file its Quarterly Report on Form 10-Q with the Securities and Exchange Commission and post its Shareholders' Report, including the Letter to Shareholders from Glenn Renwick, Executive Chairman of the Board of Directors, to its website at www.progressive.com/a... 
07/14/16Progressive Reports June 2016 Results
MAYFIELD VILLAGE, OHIO - July 14, 2016 -- The Progressive Corporation (NYSE:PGR) today reported the following results for June and the second quarter 2016:     June     Second Quarter (millions, except per share amounts and ratios; unaudited) 2016   2015   Change 2016  ... 
06/15/16Progressive Reports May 2016 Results
MAYFIELD VILLAGE, OHIO - June 15, 2016  -- The Progressive Corporation (NYSE:PGR) today reported the following results for May 2016:                 (millions, except per share amounts and ratios; unaudited) May   May   Change   2016   2015                   Net premiums written $ 1,748.3   $ 1,581.4   11 % Net premiums earned $ 1,7... 
05/18/16Progressive Reports April 2016 Results
MAYFIELD VILLAGE, OHIO - May 18, 2016  -- The Progressive Corporation (NYSE:PGR) today reported the following results for April 2016:                 (millions, except per share amounts and ratios; unaudited) April   April   Change   2016   2015                   Net premiums written $ 2,325.7   $ 2,062.7   13 % Net premiums earned $... 
05/12/16Progressive Announces CEO Transition
Glenn Renwick to Retire as CEO, Will Remain Executive Chairman Tricia Griffith Appointed CEO MAYFIELD VILLAGE, OHIO - May 12, 2016 - The Progressive Corporation (NYSE:PGR) today announced that President and Chief Executive Officer Glenn Renwick will retire after more than 15 years as Chief Executive Officer and almost 30 years with the Company, effective July 1, 2016.  Mr. Renwick will continue as Executive Chairman of the Board. Tricia Griffith, currently Personal Lines Chief Operating Office... 
04/28/16Progressive Announces Investor Relations Conference Call
MAYFIELD VILLAGE, OHIO - April 28, 2016 -  As previously announced, The Progressive Corporation will host a one-hour conference call on Friday, May 6, 2016, beginning at 9:00 a.m. eastern time. On May 5, 2016, Progressive expects to file its Quarterly Report on Form 10-Q with the Securities and Exchange Commission and post its Shareholders' Report, including the Letter to Shareholders from Glenn Renwick, President and CEO, to its website at www.progressive.com/annualreport. On the conference cal... 
04/14/16Progressive Reports March 2016 Results
MAYFIELD VILLAGE, OHIO - April 14, 2016 -- The Progressive Corporation (NYSE:PGR) today reported the following results for March and the first quarter 2016:     March     First Quarter (millions, except per share amounts and ratios; unaudited) 2016   2015   Change 2016 ... 
03/16/16Progressive Reports February 2016 Results
MAYFIELD VILLAGE, OHIO - March 16, 2016  -- The Progressive Corporation (NYSE:PGR) today reported the following results for February 2016:                 (millions, except per share amounts and ratios; unaudited) February   February   Change   2016   2015                   Net premiums written $ 1,933.5   $ 1,686.9   15 % Net premium... 
02/23/16Progressive Announces Investor Relations Conference Call
MAYFIELD VILLAGE, OHIO - February 23, 2016 -  As previously announced, The Progressive Corporation will host a one-hour conference call on Wednesday, March 2, 2016, beginning at 9:00 a.m. eastern time. On February 29, 2016, Progressive expects to file its Annual Report on Form 10-K with the Securities and Exchange Commission and post its Shareholders' Report, including the Letter to Shareholders from Glenn Renwick, President and CEO, to its website at www.progressive.com/annualreport. On the con... 
02/17/16Progressive Reports January 2016 Results
MAYFIELD VILLAGE, OHIO - February 17, 2016  -- The Progressive Corporation (NYSE:PGR) today reported the following results for January 2016:                 (millions, except per share amounts and ratios; unaudited) January   January   Change   2016   2015                   Net premiums written $ 2,025.8   $ 1,773.6   14 % Net premium... 
02/01/16Progressive Announces 2016 Annual Meeting Record Date
MAYFIELD VILLAGE, OHIO - February 1, 2016 - The Progressive Corporation today announced that on January 29, 2016, the Board of Directors fixed the close of business on March 16, 2016, as the record date for the determination of shareholders entitled to notice of, and to vote at, the Annual Meeting of Shareholders scheduled to be held on May 13, 2016.About Progressive The Progressive Group of Insurance Companies makes it easy to understand, buy and use auto insurance. Progressive offers choic... 
01/29/16Progressive Names Steve Broz Chief Information Officer
MAYFIELD VILLAGE, OHIO - January 29, 2016 - The Progressive Corporation (PGR) today announced Steve Broz as its new Chief Information Officer following the previously announced retirement of Ray Voelker. Voelker retired after 30 years at Progressive, including 15 as Chief Information Officer. Broz was as a key member of Voelker`s senior leadership team heading up the technology group`s Enterprise Project Management Office. During his 15 years at Progressive, Broz also has spent time in Cu... 
01/27/16Progressive Reports December 2015 Results and Annual Dividend Amount
MAYFIELD VILLAGE, OHIO - January 27, 2016 -- The Progressive Corporation (PGR) today reported the following results for December and the fourth quarter 2015: December Fourth Quarter (millions, except per share amounts and ratios; unaudited) 2015 2014 Change1 2015 2014 Change1 Net premiums written $ 1,392.4 $ 1,568.9 (11) % $ 4,838.5 $ 4,613.6 5 % Net premiums earned $ 1,604.0... 

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