Earnings call briefThird-quarter 2026

Progressive says it expects aggregate combined ratio at or below 96%

CEO Tricia Griffith said a combined ratio in the 70s for its homeowners book probably isn't long-term strategic if the company wants to grow.

GetSignal Progressive PGR

On its third-quarter call, Progressive said it expects its combined ratio in the aggregate to be at or below 96%.

CEO Tricia Griffith said a combined ratio in the 70s for its homeowners book probably isn't long-term strategic if the company wants to grow.

Quotes from the call

“...the 70s combined ratio probably isn't long-term strategic if we want to grow. We'll definitely in the aggregate be at or below 96%.”

Tricia Griffith, CEO

Key facts from the call

Expected aggregate combined ratio
At or below 96%

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Source: Progressive's third-quarter 2026 earnings call, November 3, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

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