Progressive’s September underlying CoR improves sequentially by three points to 88.1%
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Progressive’s September underlying CoR improves sequentially by three points to 88.1%

Shelby Rosenberg
13 October 2023
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Progressive’s September underlying combined ratio sequentially improved three points to 88.1%, while its headline CoR improved by 7.5 points to 89.7% in the same period.

Meanwhile, its net cat loss ratio dropped to 1.8% from 4.5% in August. The stock rose nearly 7% today to $153.21

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