ProAssurance Reports Results for Fourth Quarter 2018
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ProAssurance (PRA) Reports In-Line Q4 EPS, Revenues Beat
February 21, 2019 4:28 PM ESTProAssurance (NYSE: PRA) reported Q4 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenue for the quarter came in at $211.7 million versus the consensus estimate of $208.74 million.
In 2018 we faced a number of challenges: a very competitive insurance market, a developing loss environment in our medical professional liability line, further catastrophe losses at Lloyds and a volatile investment market. However, we have maintained our profitability and we can point to a number of positive developments such as the overall performance of our Workers Compensation Insurance segment, along with solid retention, new business... More
