PROASSURANCE CORP (PRA)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Asset backed securities | - | -260 | - | - |
Corporate debt securities | - | 415 | - | - |
Segregated portfolio cell reinsurance | - | 816 [1] | - | - |
Corporate | - | 36,135 [1] | - | - |
Boli-cash surrender value | - | 618 [2] | - | - |
Interest and dividend income, operating-short term investments and other invested assets | - | 2,574 [2] | - | - |
Interest and dividend income, operating-debt securities | - | 35,033 [2] | - | - |
Interest and dividend income, operating-equity securities | - | 878 [2] | - | - |
Investment fees and expenses | - | -2,152 [2] | - | - |
Segregated portfolio cell reinsurance-operating segments | - | -1 | - | - |
Specialty propertyand casualty-operating segments | - | 3,766 | - | - |
Workers compensation insurance segment-operating segments | - | 390 | - | - |
Corporate-operating segments | - | -7,283 | - | - |
Intersegment elimination | - | -341 | - | - |
Gross premiums earned-mpl | - | 649 [1] | - | - |
Gross premiums earned-workers compensation alternative market business | - | 12,694 [1] | - | - |
Ceded premiums earned | - | -1,846 [1] | - | - |
Segregated portfolio cell reinsurance | - | 11,497 [1] | - | - |
Specialty propertyand casualty | - | 183,254 [1] | - | - |
Gross premiums earned-alternative market business | - | 14,349 [1] | - | - |
Gross premiums earned-traditional business | - | 43,627 [1] | - | - |
Ceded premiums earned | - | -16,452 [1] | - | - |
Workers compensation insurance segment | - | 41,524 [1] | - | - |
Segregated portfolio cell reinsurance | - | 11,497 [2] | - | - |
Specialty propertyand casualty | - | 183,254 [2] | - | - |
Workers compensation insurance segment | - | 41,524 [2] | - | - |
Boli | - | - | 1,101 | 534 |
Interest and dividend income, operating | - | - | 34,092 | 33,607 |
Investment fees and expenses | - | - | 2,285 | 1,887 |
Gross premiums earned | - | - | 186,376 | 180,671 |
Ceded premiums earned | - | - | 17,204 | 17,147 |
Total revenues | 276,753 | 272,079 | 285,253 | 290,355 |
Net losses and loss adjustment expenses | 159,937 | 189,960 | 176,331 | 186,000 |
Operating expense | 49,148 | 50,810 | 48,036 | 46,199 |
Interest expense | 5,224 | 5,160 | 5,698 | 5,648 |
Dpac amortization | 31,767 | 32,381 | 32,353 | 33,818 |
Spc u.s. federal income tax expense (benefit) | 906 | 348 | 377 | 249 |
Spc dividend expense (income) | 2,336 | -248 | 1,360 | 512 |
Total expenses | 249,318 | 278,411 | 264,155 | 272,426 |
Income (loss) before income taxes | 27,435 | -6,332 | 21,098 | 17,929 |
Deferred expense (benefit) | 5,992 | 10 | 3,776 | 1,840 |
Current expense (benefit) | -478 | -520 | 881 | 581 |
Total income tax expense (benefit) | 5,514 | -510 | 4,657 | 2,421 |
Net income (loss) | 21,921 | -5,822 | 16,441 | 15,508 |
Other comprehensive income (loss), after tax, net of reclassification adjustments | 18,302 | 37,533 | 80,929 | 924 |
Comprehensive income (loss) | 40,223 | 31,711 | 97,370 | 16,432 |
Basic (in shares) | 51,345,000 | 51,188,000 | 51,156,000 | 51,060,000 |
Basic (in usd per share) | 0.43 | -0.11 | 0.32 | 0.3 |
Diluted (in shares) | 51,677,000 | 51,445,000 | 51,277,000 | 51,225,000 |
Diluted (in usd per share) | 0.42 | -0.11 | 0.32 | 0.3 |