Company The Progressive Corporation Sao Paulo

Equities

P1GR34

BRP1GRBDR007

Property & Casualty Insurance

Market Closed - Sao Paulo 01:12:01 25/05/2024 am IST 5-day change 1st Jan Change
528.8 BRL -4.37% Intraday chart for The Progressive Corporation -1.11% +37.52%

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 1 797,600,000 584,054,913 ( 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$
The Vanguard Group, Inc.
8.787 %
51,466,044 8.787 % 10 811 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$

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
Property/Casualty Insurance
Progressive Investment Co., Inc.

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
203.9 USD
Average target price
223.9 USD
Spread / Average Target
+9.79%
Consensus
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  2. Equities
  3. PGR Stock
  4. P1GR34 Stock
  5. Company The Progressive Corporation