ProAssurance (PRA) Misses Q3 EPS by 26c
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ProAssurance Reports Results for Third Quarter 2022
November 8, 2022 4:15 PM ESTBIRMINGHAM, Ala.--(BUSINESS WIRE)-- ProAssurance Corporation (NYSE: PRA) reports a net loss of $9.1 million, or $0.17 per diluted share, and an operating loss(1) of $3.0 million, or $0.06 per diluted share, for the three months ended September 30, 2022.
Highlights - Third Quarter 2022(2)
Gross premiums written of $308 million in the quarter, in line with a year ago and driven by strong premium retention and renewal pricing increases in the Specialty P&C segment Favorable prior accident year reserve development of $7 million Consolidated combined ratio of 107.9%, up 1.3 points Consolidated... More