Progressive November core CoR falls to 93.7%, Ian auto loss estimate drops by $41mn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Progressive November core CoR falls to 93.7%, Ian auto loss estimate drops by $41mn

Jairo Ibarra
December 14, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Progressive logo cars driving fall.jpg

Progressive’s underlying combined ratio fell 2.2 points to 93.7% in November from October, as the core loss ratio improved to 75.7% from 77.6%.

The company also decreased its Hurricane Ian personal lines loss estimate by $40mn and commercial lines loss estimate by $1mn, bringing its total anticipated auto loss to $574mn, while its property loss estimate remained unchanged.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsResultsProgressiveEarnings
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article