The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended April 30, 2024:
| April | |||
| (millions, except per share amounts and ratios; unaudited) | 2024 | ||
| Net premiums written | $ | 6,178.0 | |
| Net premiums earned | $ | 5,575.0 | |
| Net income | $ | 420.3 | |
| Per share available to common shareholders | $ | 0.72 | |
| Total pretax net realized gains (losses) on securities | $ | (266.1 | ) |
| Combined ratio – current year | 89.0 | ||
| – prior year month | 97.9 | ||
| Average diluted equivalent common shares | 587.4 | ||