ProAssurance PRA Reserve for insurance claims
Reserve for insurance claims at other companies
Other financials
Where this comes from
Reported directly by ProAssurance in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense.
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 reserve for insurance claims?
- ProAssurance (PRA) reported reserve for insurance claims of $2.98B in Q1 2026.
- How has ProAssurance's reserve for insurance claims changed year-over-year?
- ProAssurance's reserve for insurance claims decreased by 6.3% year-over-year, from $3.18B to $2.98B.
- What is the long-term trend for ProAssurance's reserve for insurance claims?
- Over 5 years (2020 to 2025), ProAssurance's reserve for insurance claims has grown at a 4.5% compound annual growth rate (CAGR), from $2.42B to $3.02B.
- What does reserve for insurance claims mean?
- This represents the estimated liability for all insurance claims that have been incurred but not yet settled, including those that have been reported and those that have been incurred but not reported (IBNR). It is the most significant liability on an insurer's balance sheet and requires actuarial judgment. The adequacy of these reserves is fundamental to the company's long-term solvency and profitability.