Might determine takes important tumble
Progressive Insurance, which final 12 months transformed its month-to-month accounting closing calendar to align with the Gregorian calendar, has revealed its monetary outcomes for Might 2024.
In its newest earnings report, the insurer shared the next unaudited numbers:
- Internet premiums written – $5.98 billion
- Internet premiums earned – $5.86 billion
- Internet earnings – $235.7 million
- Complete pretax web realized positive aspects (losses) on securities – $117.6 million
- Mixed ratio (present 12 months) – 100.4%
- Mixed ratio (prior 12 months month) – 99%
As compared, Progressive’s web earnings in April was $420.3 million.
When its 2024 recruitment initiative was unveiled, Progressive stated the roles span from contact middle staff, attorneys and authorized assist employees, claims trainees, in-the-field adjustors, to gross sales representatives and buyer care staff.
Different vacancies are positions in advertising and marketing, human sources, accounting, and so on.
“Our gifted group of greater than 60,000 staff throughout the nation are on the forefront of what we do, and we’re dedicated to assembly the wants of our present staff in addition to job seekers by means of a reimagined workforce,” chief HR officer Invoice Clawson acknowledged in April.
“Constructing upon our inclusive tradition, on this post-COVID period we provide a versatile office method and can proceed to develop nationally with our expansive in-office, distant, and hybrid office choices.”
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