Key Takeaways PGR is expanding in home and commercial lines, aided by bundling, tech, and strong customer retention. PGR's ROE of 33.5% and 950 bps net margin gain in two years highlight robust profitability and risk control. CB's global P&C portfolio is growing, but its heavier commercial exposure adds cyclical and cost pressures.The insurance industry is set for continued growth, driven by a focus on personalized offerings and enhanced customer experiences through digital transformation. Rising awarenes ...