ProAssurance PRA Bank owned life insurance
Bank owned life insurance at other companies
Other financials
Where this comes from
Reported directly by ProAssurance in its filing.
Tagged under the XBRL concept us-gaap:LifeInsuranceCorporateOrBankOwnedAmount.
The official record: ProAssurance’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is ProAssurance's bank owned life insurance?
- ProAssurance (PRA) reported bank owned life insurance of $83.24M in Q1 2026.
- How has ProAssurance's bank owned life insurance changed year-over-year?
- ProAssurance's bank owned life insurance increased by 3.0% year-over-year, from $80.8M to $83.24M.
- What is the long-term trend for ProAssurance's bank owned life insurance?
- Over 5 years (2020 to 2025), ProAssurance's bank owned life insurance has grown at a 4.1% compound annual growth rate (CAGR), from $67.85M to $82.79M.
- What does bank owned life insurance mean?
- This represents the cash surrender value of life insurance policies where the company is the beneficiary, typically used to offset the costs of employee benefit plans. It serves as a tax-advantaged asset that provides long-term financial stability and liquidity. Investors track this to evaluate the company's non-operating asset base and its strategy for managing long-term benefit liabilities.