Stock PRA PROASSURANCE CORPORATION
Add to a list
To use this feature you must be a member
Log inSign up

Company ProAssurance Corporation

Equities

PRA

US74267C1062

Property & Casualty Insurance

Market Closed - Nyse
Other stock markets
 04:00:01 2024-04-26 pm EDT 		5-day change 1st Jan Change
13.17 USD -3.52% Intraday chart for ProAssurance Corporation -1.64% -4.50%
Mar. 04 Piper Sandler Trims Price Target on ProAssurance to $15 From $16, Maintains Overweight Rating MT
Feb. 29 Truist Securities Trims Price Target on ProAssurance to $14 From $15, Maintains Hold Rating MT

Business Summary

ProAssurance Corporation is a specialty insurer with expertise in healthcare professional liability, products liability for medical technology and life sciences, legal professional liability, and workers' compensation insurance. The Company's segments include Specialty P&C, Workers' Compensation Insurance, Segregated Portfolio Cell Reinsurance and Corporate. The Specialty Property and Casualty (Specialty P&C) segment is focused on professional liability insurance and medical technology liability insurance. Professional liability insurance is offered to healthcare providers and institutions and, to a lesser extent, to attorneys and their firms. The Workers' Compensation Insurance segment offers workers' compensation products in approximately 19 states in the East, South and Midwest regions of the continental United States. The Segregated Portfolio Cell Reinsurance segment includes the results of SPCs at Inova Re and Eastern Re, the Company's Cayman Islands SPC operations.

Number of employees: 1,094

Sales per Business

USD in Million2022Weight2023Weight Delta
Specialty Property and Casualty
67.2 %
775 70.6 % 761 67.2 % -1.84%
Workers' Compensation Insurance
14.3 %
169 15.4 % 162 14.3 % -3.97%
Corporate Segment
12.9 %
67 6.1 % 146 12.9 % +117.38%
Segregated Portfolio Cell Reinsurance
6.0 %
68 6.2 % 68 6.0 % -0.37%
Inter-segment Eliminations
-0.4 %
-4 -0.4 % -4 -0.4 % -0.85%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
1,098 100.0 % 1,132 100.0 % +3.15%

Managers

Managers TitleAgeSince
Edward Rand CEO
 Chief Executive Officer 57 04-10-31
Dana Hendricks DFI
 Director of Finance/CFO 56 18-08-31
Ross E. Taubman CTO
 Chief Tech/Sci/R&D Officer - 22-12-31
Lawrence K. Cochran CIO
 Chief Investment Officer - 14-01-23
Noreen Lynn Dishart HRO
 Human Resources Officer - 15-03-31
Kevin Shook PRN
 Corporate Officer/Principal 55 -
Jeffrey Lisenby LAW
 General Counsel 55 01-05-31

Members of the board

Members of the board TitleAgeSince
Edward Rand CEO
 Chief Executive Officer 57 04-10-31
Bruce Angiolillo CHM
 Chairman 71 16-04-30
Samuel di Piazza BRD
 Director/Board Member 73 14-01-20
Magnus Gorrie BRD
 Director/Board Member 62 12-04-30
Ziad Haydar BRD
 Director/Board Member 63 15-05-26
Frank Spinosa BRD
 Director/Board Member 69 12-04-30
Thomas Wilson BRD
 Director/Board Member 63 12-04-30
Katisha Vance BRD
 Director/Board Member 49 17-05-30
Kedrick Adkins BRD
 Director/Board Member 71 18-05-22
Maye Head Frei BRD
 Director/Board Member 53 19-05-21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 40,912,993 26,256,668 ( 64.18 %) 12,606,968 ( 30.81 %) 64.18 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
14.13 %
7,204,517 14.13 % 93 M $
Vanguard Fiduciary Trust Co.
11.45 %
5,836,255 11.45 % 75 M $
T. Rowe Price Investment Management, Inc.
8.156 %
4,156,960 8.156 % 53 M $
Dimensional Fund Advisors LP
5.570 %
2,838,938 5.570 % 37 M $
Wellington Management Co. LLP
5.450 %
2,777,882 5.450 % 36 M $
POLAR CAPITAL HOLDINGS PLC
4.243 %
2,162,500 4.243 % 28 M $
STATE STREET CORPORATION
3.905 %
1,990,556 3.905 % 26 M $
TimesSquare Capital Management LLC
2.650 %
1,350,970 2.650 % 17 M $
Allspring Global Investments LLC
2.559 %
1,304,334 2.559 % 17 M $
Geode Capital Management LLC
2.173 %
1,107,546 2.173 % 14 M $

Company contact information

ProAssurance Corp.

100 Brookwood Place

35209-6811, Birmingham

+205 877 4400

http://www.proassurance.com
address ProAssurance Corporation(PRA)

Group companies

NameCategory and Sector
ProAssurance Indemnity Co., Inc.
Logo ProAssurance Indemnity Co., Inc.

ProAssurance Indemnity Co., Inc.

Property/Casualty InsuranceFinance

Part of ProAssurance Corp., ProAssurance Indemnity Co., Inc. provides property and casualty insurance services. The private company is based in Birmingham, AL.

Property/Casualty Insurance
PRA Professional Liability Group, Inc.
PRA Corporate Capital Ltd.
Logo PRA Corporate Capital Ltd.

PRA Corporate Capital Ltd.

Investment Banks/BrokersFinance

Part of ProAssurance Corp., PRA Corporate Capital Ltd. is a British company that provides underwriting services. The private company is based in London, UK and was founded in 2013.

Investment Banks/Brokers

Sector

Financials
Insurance
Insurance
Property & Casualty Insurance
Other Property & Casualty Insurance

Sales per Business

Ratings for ProAssurance Corporation

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
13.17 USD
Average target price
16.25 USD
Spread / Average Target
+23.39%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Property & Casualty Insurance

1st Jan change Capi.
PROASSURANCE CORPORATION Stock ProAssurance Corporation
-4.50% 667M
TOKIO MARINE HOLDINGS, INC. Stock Tokio Marine Holdings, Inc.
+38.91% 61.52B
AMERICAN INTERNATIONAL GROUP, INC. Stock American International Group, Inc.
+10.01% 50.24B
THE TRAVELERS COMPANIES Stock The Travelers Companies
+12.05% 48.88B
THE ALLSTATE CORPORATION Stock The Allstate Corporation
+21.50% 44.86B
ARCH CAPITAL GROUP LTD. Stock Arch Capital Group Ltd.
+22.39% 33.96B
INTACT FINANCIAL CORPORATION Stock Intact Financial Corporation
+10.03% 29.23B
MS&AD INSURANCE GROUP HOLDINGS, INC. Stock MS&AD Insurance Group Holdings, Inc.
+50.11% 27.95B
FAIRFAX FINANCIAL HOLDINGS LIMITED Stock Fairfax Financial Holdings Limited
+21.57% 24.78B
SAMPO OYJ Stock Sampo Oyj
-3.96% 20.38B
Other Property & Casualty Insurance
  1. Stock Market
  2. Equities
  3. PRA Stock
  4. Company ProAssurance Corporation