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前进保险Progressive(PGR)2025年第一季度财报(10-Q)「NYSE」(英文版)(102页).pdf

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1、UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington,D.C.20549FORM 10-Q(Mark One)Quarterly Report Pursuant to Section 13 or 15(d)of the Securities Exchange Act of 1934For the quarterly period ended March 31,2025orTransition Report Pursuant to Section 13 or 15(d)of the Securities Exchange Act of

2、 1934For the transition period from to Commission File Number:001-09518THE PROGRESSIVE CORPORATION(Exact name of registrant as specified in its charter)Ohio 34-0963169(State or other jurisdiction of incorporation or organization)(I.R.S.Employer Identification No.)300 North Commons Blvd.,Mayfield Vil

3、lage,Ohio 44143(Address of principal executive offices)(Zip Code)(440)461-5000(Registrants telephone number,including area code)Not Applicable(Former name,former address and former fiscal year,if changed since last report)Securities registered pursuant to Section 12(b)of the Act:Title of each classT

4、rading Symbol(s)Name of each exchange on which registeredCommon Shares,$1.00 Par ValuePGRNew York Stock ExchangeIndicate by check mark whether the registrant(1)has filed all reports required to be filed by Section 13 or 15(d)of the Securities Exchange Act of 1934 during thepreceding 12 months(or for

5、 such shorter period that the registrant was required to file such reports),and(2)has been subject to such filing requirements for the past 90days.Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 4

6、05 of Regulation S-T(232.405 of this chapter)during the preceding 12 months(or for such shorter period that the registrant was required to submit such files).Yes No Indicate by check mark whether the registrant is a large accelerated filer,an accelerated filer,a non-accelerated filer,a smaller repor

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1. **财务表现**:2025年Q1营收20.41亿美元(同比增18.4%),净利润25.67亿美元(同比增10.1%),每股收益4.38美元(基本)。 2. **投资组合**:总投资836.64亿美元,其中固定收益证券771.01亿美元(占比92.2%),股权证券39.68亿美元(4.7%)。 3. **承保业务**:综合比率86.0%(个人险85.7%,商业险87.5%),损失准备金39.82亿美元,Q1储备释放2.78亿美元(主因佛州车险损失改善)。 4. **现金流**:经营现金流51.43亿美元,投资活动净流出23.41亿美元,融资活动净流出27.49亿美元(含分红26.95亿美元)。 5. **其他**:无新会计准则采用,未记录重大或有负债,诉讼风险可控。
保险业绩如何? 投资收益增长? 风险准备金变化?
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