B
Progressive Gulf Ins Co
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.60
Risk Adjusted
Capital Ratio #2
1.40
Loss
Ratio
68.09%
Total
Assets
905.68M
Capital
257.99M
Net
Premiums
671.63M
Net
Income
28.37M
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Weiss Ratings Progressive Gulf Ins Co
Mayfield, OH 		Click to
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Rating B
Capitalization Index 7.40
Investment Safety Index --
Liquidity Index 7.10
Profitability Index 9.40
Reserve Adequacy Index 5.80
Stability Index 7.90
Company Info Progressive Gulf Ins Co
Mayfield, OH 		Click to
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Industry P&C
NAIC Number 42412
Phone Number (440) 461-5000
Website www.progressive.com
Address 300 N. Commons Blvd. Mayfield, OH 44143
Balance Sheet Progressive Gulf Ins Co
Mayfield, OH 		Click to
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Total Assets 905.68M
Capital and Reserves Progressive Gulf Ins Co
Mayfield, OH 		Click to
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Risk-Adjusted Capital Ratio #1 1.60
Risk-Adjusted Capital Ratio #2 1.40
1-Year Reserve Development -160.00%
2-Year Reserve Development 500.00%
Capital 257.99M
Premium to Surplus 290.00%
Reserves to Surplus 130.00%
Investments Progressive Gulf Ins Co
Mayfield, OH 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Progressive Gulf Ins Co
Mayfield, OH 		Click to
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Medical Loss Ratio --
Cash From Underwriting 130.00%
Combined Ratio 90.00%
Expense Ratio 20.00%
Loss Ratio 68.09%
Net Premium Growth 20.00%
Other Medical Progressive Gulf Ins Co
Mayfield, OH 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability Progressive Gulf Ins Co
Mayfield, OH 		Click to
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Net Income 28.37M
Net Premium 671.63M
Health Premium --