Boat losses fuel Progressive’s $290mn special lines Ian hit

After Progressive released its Q3 results on Thursday morning, president and CEO Tricia Griffith told shareholders that around $290mn of the company’s gross $1.4bn Hurricane Ian exposure came from its special lines segment, with boat-related losses accounting for some 60 percent.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 7834 843176

    andy.stone@wbmediagroup.com