Company The Progressive Corporation Sao Paulo

P1GR34

BRP1GRBDR007

Property & Casualty Insurance

Market Closed - Sao Paulo Other stock markets 01:05:53 06/12/2024 am IST			5-day change	1st Jan Change
789.12 ^BRL	+0.40%		-1.93%	+105.20%

03/12	Progressive Insider Sold Shares Worth $2,680,900, According to a Recent SEC Filing	MT
19/11	Goldman Sachs Adjusts Price Target on Progressive to $289 From $294, Maintains Buy Rating	MT

Business description: The Progressive Corporation

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

- automobile insurance for individuals (78.9% of net written premiums). Net written premiums break down by distribution network between Internet and phone (51.1%) and agencies (45.9%);

- cars and trucks insurance of companies (16.5%);

- property insurance (4.6%).

All net written premiums are earned in the United States.

Number of employees: 61,432

Sales by Activity: The Progressive Corporation

Fiscal Period: December	2019	2020	2021	2022	2023
Personal Lines - Direct	1.53TCr	1.68TCr	1.85TCr	2.01TCr	2.5TCr
Property	155.48Cr	176.57Cr	204.25Cr	227Cr	255.14Cr
Personal Lines - Agency	1.49TCr	1.58TCr	1.69TCr	1.77TCr	2.12TCr
Service Businesses	20Cr	23Cr	27Cr	30Cr	31Cr
Commercial Lines	442.76Cr	487.58Cr	694.52Cr	908.83Cr	989.87Cr
Other Indemnity	-	-	77L	27L	10L
Unallocated Investments	207.12Cr	256.66Cr	237.01Cr	-65Cr	224.49Cr
Unallocated Fees and Other Revenues	56Cr	60Cr	69Cr	72Cr	89Cr

See all business segments

Geographical breakdown of sales: The Progressive Corporation

Fiscal Period: December	2019	2020	2021	2022	2023
United States	3.9TCr	4.26TCr	4.77TCr	4.96TCr	6.21TCr

See all geographic segments

Managers: The Progressive Corporation

Director	Title	Age	Since
Susan Patricia Griffith CEO	Chief Executive Officer	59	01/07/2016
John Sauerland DFI	Director of Finance/CFO	60	01/04/2015
Jonathan Bauer CIO	Chief Investment Officer	46	03/01/2020
Steven Broz CTO	Chief Tech/Sci/R&D Officer	53	29/01/2016
David Stringer LAW	General Counsel	-	01/01/2024

See THE PROGRESSIVE CORPORATION governance

Members of the board: The Progressive Corporation

Manager	Title	Age	Since
Susan Patricia Griffith BRD	Director/Board Member	59	01/07/2016
Charles Davis BRD	Director/Board Member	75	01/10/1996
Roger Farah BRD	Director/Board Member	71	01/06/2008
Lawton Fitt CHM	Chairman	70	14/05/2018
Stuart Burgdoerfer BRD	Director/Board Member	60	11/12/2009
Jeffrey Kelly BRD	Director/Board Member	70	01/01/2000
Barbara Snyder BRD	Director/Board Member	68	10/10/2014
Philip Bleser BRD	Director/Board Member	69	04/08/2017
Pamela Craig BRD	Director/Board Member	67	01/01/2018
Kahina van Dyke BRD	Director/Board Member	52	01/01/2018

Composition of the Board of Directors

Shareholders: The Progressive Corporation

Name	Equities	%	Valuation
BRAM - Bradesco Asset Management SA DTVM 0.000000 %	0	0.000000 %	- R$
XP Allocation Asset Management Ltda. 0.000000 %	0	0.000000 %	- R$

Name	Equities	%	Valuation
Vanguard Fiduciary Trust Co. 9.018 %	52,816,990	9.018 %	12 826 M R$
BlackRock Advisors LLC 6.316 %	36,991,215	6.316 %	8 983 M R$
STATE STREET CORPORATION 4.215 %	24,683,807	4.215 %	5 994 M R$
Merrill Lynch International 2.482 %	14,535,740	2.482 %	3 530 M R$
Geode Capital Management LLC 2.463 %	14,425,792	2.463 %	3 503 M R$

List of THE PROGRESSIVE CORPORATION shareholders

Company details: The Progressive Corporation

Progressive Corp.

300 North Commons Boulevard

44143-9998, Mayfield Village

+(440) 461-5000

http://www.progressive.com

address The Progressive Corporation(P1GR34)

Group companies: The Progressive Corporation

Name	Category and Sector
Progressive Capital Management Corp. Progressive Capital Management Corp. Investment ManagersFinance Progressive Capital Management Corp. (Progressive Capital) is an asset management firm headquartered in Norwalk, Connecticut. The firm was founded in 1992 and they are a wholly-owned subsidiary of Progressive Corp. (NYSE: PGR). Progressive Capital provides advisory services to individual and institutional clients.	Investment Managers
Drive Insurance Holdings, Inc. Drive Insurance Holdings, Inc. Property/Casualty InsuranceFinance Drive Insurance Holdings, Inc. provides property and casualty insurance services. The company is headquartered in Cleveland, OH.	Property/Casualty Insurance
Progressive Casualty Insurance Co. Progressive Casualty Insurance Co. Property/Casualty InsuranceFinance Progressive Casualty Insurance Co. is a fire and casualty insurance company which provides various personal and commercial insurance products in the United States. Its insurance plans include auto, health, home, boat, airplane, business and prepaid legal. The company sells its products through independent insurance agents. It was founded in 1937 and is headquartered in Mayfield Village, Ohio.	Property/Casualty Insurance
Progressive Investment Co., Inc.

See all subsidiaries

Insurance - Automobile

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
PICC PROPERTY AND CASUALTY COMPANY LIMITED	-0.16%	+1.82%	+34.65%	+80.06%	3.51TCr
TRYG A/S	+0.37%	+0.37%	+9.50%	+1.02%	1.41TCr
ADMIRAL GROUP PLC	+3.47%	+10.19%	-0.11%	-8.31%	1TCr
MERCURY GENERAL CORPORATION	+0.17%	-1.59%	+94.63%	+51.24%	428.96Cr
PORTO SEGURO S.A.	+4.47%	+5.78%	+37.85%	+77.47%	424.66Cr
QUÁLITAS CONTROLADORA, S.A.B. DE C.V.	+3.75%	+14.69%	-0.32%	+74.28%	323.53Cr
HAGERTY, INC.	-1.35%	-0.34%	+36.96%	-25.03%	103.27Cr
THE FIRST INSURANCE CO., LTD.	+0.59%	+4.27%	+40.93%	+76.90%	24Cr
LIVA INSURANCE COMPANY	-0.59%	+0.60%	+1.93%	-31.13%	18Cr
Average	+1.26%	+3.05%	+28.45%	+32.94%	805.84Cr
Weighted average by Cap.	+0.98%	+2.61%	+27.09%	+48.55%