前进保险Progressive (PGR) 2022年年度报告「NYSE」.pdf

1、THE PROGRESSIVE CORPORATION2022 ANNUAL REPORT0|0ABOUT PROGRESSIVEThe Progressive Group of Insurance Companies,in business since 1937,is one of the countrys largest auto insurance groups,the largest seller of motorcycle and boat policies,the market leader in commercial auto insurance,and one of the t

2、op 15 homeowners carriers,based on premiums written.Progressive is committed to becoming consumers,agents,and business owners number one choice and destination for insurance and other financial needs by providing competitive rates and innovative products and services that meet customers needs throug

3、hout their lifetimes,including superior mobile,online,and in-person customer service,and best-in-class,24-hour claims service.Progressive companies offer consumers choices in how to shop for,buy,and manage their insurance policies.Progressive primarily offers personal and commercial auto,motorcycle,

4、boat,recreational vehicle,and home insurance.We also offer workers compensation insurance primarily for the transportation industry,and business-related general liability and property insurance predominantly for small businesses.We operate our Personal and Commercial Lines businesses through more th

5、an 40,000 independent insurance agencies throughout the U.S.and directly to consumers online,by phone,or via the Progressive mobile app.Our homeowners business is underwritten by Progressive companies and other select carriers,throughout the United States.front cover:Bayne Peterson,Thinking About Se

6、eing Clearly(detail),2022,dyed plywood;right:Samantha Bittman,Untitled,2021,acrylic on hand-woven textile Letter to Shareholders 11 Operations Summary 26 Objectives&Policies 37 Financial Review 42 Safe Harbor Statement 53CONTENTS Financial Highlights 3 Four Cornerstones 6 Corporate Information 54 Di