ProAssurance reports Q3 net loss of $9.1M; operating loss $0.06 per share

PROASSURANCE CORP

2022-Q3 EPS reported -$0.27 revenue$811,980,000

Net loss of $9.1M ($0.17 diluted EPS); operating loss of $3.0M ($0.06 per share).
Gross premiums written of $308M, flat YoY; consolidated combined ratio 107.9%.
Net investment income up 28% to $25M; equity in losses of $6.9M from LP/LLC investments.
Adjusted book value per share of $25.75, down $0.21 from June 30, 2022 and $0.41 from year-end 2021.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PROASSURANCE CORP reported the three months ended September 30, 2022 results: net income net loss of $9.1 million, EPS $0.17 per diluted share.

Period: the three months ended September 30, 2022
Net income: net loss of $9.1 million
EPS: $0.17 per diluted share
Result: reported results

Exact text from the filing

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.

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Source: SEC EDGAR

accession 0001910277-22-000022

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