secwatch.observer — SEC 8-K summary
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Issuer:     PROASSURANCE CORP (PRA)
CIK:        0001127703
Form:       8-K
Filed at:   2023-05-30T23:59:59+00:00
Accession:  0001910277-23-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProAssurance posts Q1 2023 net loss of $6.2M; diluted EPS -$0.11
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- Net loss of $6.2M ($0.11 diluted loss); operating loss of $8.1M ($0.15 diluted loss).
- Gross premiums written $316M, down 6% YoY; consolidated combined ratio 113.9%.
- Net investment income $30M, up 48% (+$10M vs Q1 2022).
- Adjusted book value per share $25.81 as of Mar 31, 2023 (vs $25.99 at Dec 31, 2022).
- Unfavorable prior accident year reserve development of $7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1127703/000191027723000013/0001910277-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1127703/000191027723000013/pra-20230526.htm
  HTML page:      https://secwatch.observer/filing/0001910277-23-000013

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