ProAssurance Corporation

NYSE PRA

ProAssurance Corporation Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2024: USD 1.15 B

ProAssurance Corporation Gross Profit is USD 1.15 B for the Trailing 12 Months (TTM) ending September 30, 2024, a 1.19% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • ProAssurance Corporation Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 1.14 B, a 2.99% change year over year.
  • ProAssurance Corporation Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 1.10 B, a 12.10% change year over year.
  • ProAssurance Corporation Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2021 was USD 984.92 M, a 7.09% change year over year.
  • ProAssurance Corporation Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2020 was USD 919.69 M, a -2.20% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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NYSE: PRA

ProAssurance Corporation

CEO Mr. Edward Lewis Rand Jr., CPA
IPO Date Sept. 4, 1991
Location United States
Headquarters 100 Brookwood Place
Employees 1,094
Sector Finance
Industries
Description

ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company operates through Specialty Property and Casualty, Workers' Compensation Insurance, Segregated Portfolio Cell Reinsurance, and Lloyd's Syndicate segments. It offers professional liability insurance for healthcare providers and institutions, and attorneys; liability insurance for medical technology and life sciences risks; and workers' compensation insurance, such as guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, and deductible policies, as well as alternative market solutions that include program design, fronting, claims administration, risk management, SPC rental, asset management, and SPC management services for individual companies, agencies, groups, and associations. The company also participates in Lloyd's of London Syndicate 1729, which underwrites property and casualty insurance, and reinsurance. It markets its products through independent agencies and brokers, as well as an internal sales force. The company was founded in 1976 and is headquartered in Birmingham, Alabama.

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StockViz Staff

January 15, 2025

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