Progressive’s December underlying CoR decreases sequentially by 6.8 points to 83.7%
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Progressive’s December underlying CoR decreases sequentially by 6.8 points to 83.7%

Shelby Rosenberg
January 24, 2024
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Progressive’s underlying combined ratio for December decreased sequentially by 6.8 points to 83.7%, while its headline CoR improved by 7.7 points to 83.4% in the same period.

Meanwhile, its net cat loss ratio increased to 0.5% from 0.2% in November, and its consolidated loss ratio improved eight points to 67.1%

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Shelby Rosenberg
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