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PROASSURANCE (PRA)

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Earnings summaries and quarterly performance for PROASSURANCE.

Recent press releases and 8-K filings for PRA.

ProAssurance Reports Sharp Q3 Profit Drop, Eyes June 2026 Merger
PRA
Earnings
M&A
  • ProAssurance Corp reported a sharp decline in earnings for the third quarter of 2025, with net income plunging over 90% to $1.44 million, or $0.03 per share, significantly missing analyst expectations.
  • Despite the profit decline, the company's third-quarter revenue of $279.55 million was only down 2% year-over-year, and it saw an 8.5% increase in investment income and an 8% rise in specialty property and casualty premium rates.
  • ProAssurance is preparing for a major merger with The Doctors Company, which is expected to close by June 2026, aiming to strengthen its position amid industry challenges.
  • The company's stock has risen approximately 45% over the past year, outperforming the S&P 500's 16.5% gain, reflecting investor confidence despite the earnings miss.
Nov 5, 2025, 3:35 AM
ProAssurance Reports Q3 2025 Financial Results
PRA
Earnings
  • ProAssurance Corporation reported net income of $1.4 million, or $0.03 per diluted share, for the three months ended September 30, 2025.
  • Operating income for the third quarter of 2025 was $7.9 million, or $0.15 per diluted share.
  • Total revenues for Q3 2025 amounted to $279.6 million.
  • The consolidated combined ratio for the quarter ended September 30, 2025, was 114.7%.
  • As of September 30, 2025, shareholders' equity stood at $1,304.3 million, with book value per share at $25.37.
Nov 4, 2025, 9:16 PM
ProAssurance Reports Third Quarter 2025 Results
PRA
Earnings
M&A
  • For the three months ended September 30, 2025, ProAssurance reported net income of $1.4 million, or $0.03 per diluted share, and operating income of $7.9 million, or $0.15 per diluted share.
  • Consolidated net premiums written were $261.3 million for the third quarter of 2025.
  • The consolidated Non-GAAP combined ratio was 112.2% in the third quarter of 2025, with the Specialty P&C segment at 109.1%.
  • Book value per share was $25.37 at September 30, 2025, an increase from $23.49 at year-end 2024.
  • The transaction with The Doctors Company is currently anticipated to close by June 30, 2026, pending regulatory approvals in California, Pennsylvania, and Texas.
Nov 4, 2025, 9:15 PM