Company The Progressive Corporation Sao Paulo

Equities

P1GR34

BRP1GRBDR007

Property & Casualty Insurance

Market Closed - Sao Paulo 01:12:35 07/06/2024 am IST 5-day change 1st Jan Change
560.3 BRL +1.32% Intraday chart for The Progressive Corporation +1.88% +45.70%

Business Summary

Progressive Corporation is an insurance group organized around 3 areas of activities:

- automobile insurance for individuals (77.9% of net written premiums). Net written premiums break down by distribution network between Internet and phone (52.3%) and agencies (47.7%);

- cars and trucks insurance of companies (17.3%);

- property insurance (4.8%).

All net written premiums are earned in the United States.

Number of employees: 61,432

Sales per Business

USD in Million2022Weight2023Weight Delta
Personal Lines
74.4 %
37,880 76.4 % 46,213 74.4 % +22.00%
Commercial Lines
15.9 %
9,088 18.3 % 9,899 15.9 % +8.92%
Property
4.1 %
2,270 4.6 % 2,551 4.1 % +12.40%
Investments
3.6 %
-652 -1.3 % 2,245 3.6 % -444.36%
Fees and Other Revenues
1.4 %
722 1.5 % 889 1.4 % +23.13%
Service Businesses
0.5 %
299 0.6 % 310 0.5 % +3.61%
Other Indemnity
0.0 %
3 0.0 % 1 0.0 % -62.96%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
49,611 100.0 % 62,109 100.0 % +25.19%

Managers

Managers TitleAgeSince
Chief Executive Officer 59 01/88/01
Director of Finance/CFO 60 01/90/01
Chief Tech/Sci/R&D Officer 53 01/01/01
Chief Investment Officer 46 03/20/03
General Counsel - 01/01
Human Resources Officer 54 01/04/01
Corporate Officer/Principal - -
Sales & Marketing 48 01/21/01
Treasurer 49 01/06/01
Corporate Officer/Principal 51 01/97/01

Members of the board

Members of the board TitleAgeSince
Chairman 70 11/09/11
Chief Executive Officer 59 01/88/01
Director/Board Member 67 01/18/01
Director/Board Member 75 01/96/01
Director/Board Member 71 01/08/01
Director/Board Member 70 01/00/01
Director/Board Member 60 11/09/11
Director/Board Member 68 10/14/10
Director/Board Member 50 09/20/09
Director/Board Member 52 01/18/01

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 797,600,000 584,067,370 ( 73.23 %) 211,900,000 ( 26.57 %) 73.23 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.836 %
51,751,851 8.836 % 10 872 M R$
BlackRock Advisors LLC
6.181 %
36,203,275 6.181 % 7 605 M R$
24,412,168 4.168 % 5 128 M R$
JPMorgan Investment Management, Inc.
3.575 %
20,938,459 3.575 % 4 399 M R$
Merrill Lynch International
3.007 %
17,611,996 3.007 % 3 700 M R$
Wellington Management Co. LLP
2.906 %
17,019,930 2.906 % 3 575 M R$
Massachusetts Financial Services Co.
2.506 %
14,679,576 2.506 % 3 084 M R$
Geode Capital Management LLC
2.107 %
12,339,608 2.107 % 2 592 M R$
Fidelity Management & Research Co. LLC
1.848 %
10,820,422 1.848 % 2 273 M R$
AllianceBernstein LP
1.581 %
9,261,738 1.581 % 1 946 M R$

Company contact information

Progressive Corp.

6300 Wilson Mills Road

44143-9998, Mayfield Village

+440 461 5000

http://www.progressive.com
address The Progressive Corporation(P1GR34)

Group companies

NameCategory and Sector
Investment Managers
Property/Casualty Insurance
Progressive Investment Co., Inc.
Property/Casualty Insurance
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