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Who is PGR and what do they do? How much premium did the company (consolidated) write in the most recent complete fiscal year? Was it
- Who is PGR and what do they do?
- How much premium did the company (consolidated) write in the most recent complete fiscal year? Was it a good, average, or bad year for them? Comment on the premium amounts in light of the claim trends and economic issues.
- What was their consolidated pre-tax net income? What was their after-tax net income? Anything interesting about their tax liabilities?
- What is management most worried about (there is a long section in the 10-K covering risks)? What are they doing to mitigate these primary risks?
- Over the past 3 years, what kinds of important trends do you see? Sales? Profitability? Investment returns? Loss ratios? Discuss your findings, referring to specific financial metrics.
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Who is PGR and what do they do PGR stands for Progressive Corporation a publicly traded American insurance company that provides personal and commercial auto recreational and commercial insurance prod...
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
