Progressive reports 90.2% CR for April

Progressive released its financial results for April, ending the month with a combined ratio of 90.2% and net income of ~$1.1 billion.

Year-to-date, Progressive’s net income stands at $3.9 billion and combined ratio sits at 87.4%.

The insurer had ~39.7 million policies at the end of April, an increase of 8% compared to April 2025. During the month, Progressive added around 202k policies to its overall count. Since the beginning of the year, Progressive added ~1.1 million policies to its overall count.