Join

Compare · PGR vs SPNT

PGR vs SPNT

Side-by-side comparison of Progressive Corporation (PGR) and SiriusPoint Ltd. (SPNT): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both PGR and SPNT operate in Property-Casualty Insurers (Finance), so they compete in similar markets.
  • PGR is the larger of the two at $119.22B, about 46.7x SPNT ($2.55B).
  • SPNT has been more active in the news (11 items in the past 4 weeks vs 2 for PGR).
  • PGR has more recent analyst coverage (25 ratings vs 5 for SPNT).
MetricPGRSPNT
Company
Progressive Corporation
SiriusPoint Ltd.
Price
$204.02+4.40%
$21.72+3.23%
Market cap
$119.22B
$2.55B
1M return
-
-
1Y return
-
-
Industry
Property-Casualty Insurers
Property-Casualty Insurers
Exchange
NYSE
NYSE
IPO
2013
News (4w)
2
11
Recent ratings
25
5
PGR

Progressive Corporation

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homes, condos, manufactured homes, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to place business owner's policies, general and professional liability, and workers' compensation insurance. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.

SPNT

SiriusPoint Ltd.

SiriusPoint Ltd. provides specialty property and casualty reinsurance products to insurance and reinsurance companies worldwide. It underwrites homeowners' and commercial, workers' compensation, personal and and commercial automobile, mortgage, and multi-line reinsurance products; professional, transactional, and general liability reinsurance products; and cyber, marine, travel, and extended warranty reinsurance products. The company was formerly known as Third Point Reinsurance Ltd. and changed its name to SiriusPoint Ltd. in February 2021. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda.

Latest PGR

Latest SPNT