Progressive Distributes April Results
MAYFIELD VILLAGE, Ohio--The Progressive Corporation today reported the following results for April 2007:
($ in millions, except per share amounts) |
April
2007 |
April
2006 |
Change |
||
Net premiums written | $1,437.4 | $1,489.8 | (4)% | ||
Net premiums earned | 1,353.8 | 1,369.7 | (1)% | ||
Net income | 136.7 | 159.6 | (14)% | ||
Per share | .19 | .20 | (8)% | ||
Combined ratio | 88.8 | 85.9 | 2.9 pts. | ||
Policies in Force: (in thousands) | |||||
Total Personal Auto | 7,036.0 | 6,962.5 | 1% | ||
Total Special Lines | 2,976.5 | 2,784.0 | 7% | ||
Total Commercial Auto | 522.9 | 491.4 | 6% |
See the complete release at http://investors.progressive.com/releases/2007/pdf/mreport_0407.pdf for further month and year-to-date information.
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