earnings
confidence high
sentiment neutral
materiality 0.70
ProAssurance Q4 net income $13.9M ($0.26 EPS); full year gross premiums $1.1B (+15%)
PROASSURANCE CORP
2022-FY EPS reported
-$0.01
revenue$1,106,688,000
- Net income $13.9M ($0.26 diluted EPS); operating income $3.5M ($0.06 diluted EPS) for Q4 2022.
- Gross premiums written Q4 $224M (+3%), full year $1.1B (+15%).
- Consolidated combined ratio 104.2% Q4, 105.3% full year; operating ratio improved 1.7 points to 96.0%.
- Net investment income $29M Q4 (+53%), $96M full year (+36%).
- Adjusted book value per share $25.99 at Dec 31, 2022 vs $26.16 a year ago.