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ProAssurance PRA Deferred Policy Acquisition Costs, Amortization Expense

Deferred Policy Acquisition Costs, Amortization Expense at other companies

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Other financials

Income statement

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Revenue$262.6M-3.5%
Net income$8.5M+245%
EPS (diluted)$0.16+245%

Balance sheet

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Cash & equivalents$14.1M-67.7%
Total debt$433.3M-1.6%
Total equity$1.3B+8.5%
Total assets$5.4B-2.0%

Cash flow

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Operating cash flow-$21.3M-83.7%

Valuation

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Market cap$1.29B+6.6%
Enterprise value$1.71B+6.3%
P/E19.8×-8.8×
P/S1.2×+0.1×

Profitability

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Net margin6%+2.3pp
FCF margin9.9%

Returns & leverage

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Return on equity5.1%+1.5pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by ProAssurance in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.

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 deferred policy acquisition costs, amortization expense?
ProAssurance (PRA) reported deferred policy acquisition costs, amortization expense of $31.59M in Q1 2026.
How has ProAssurance's deferred policy acquisition costs, amortization expense changed year-over-year?
ProAssurance's deferred policy acquisition costs, amortization expense decreased by 2.4% year-over-year, from $32.38M to $31.59M.
What is the long-term trend for ProAssurance's deferred policy acquisition costs, amortization expense?
Over 4 years (2021 to 2025), ProAssurance's deferred policy acquisition costs, amortization expense has grown at a 4.4% compound annual growth rate (CAGR), from $110.6M to $131.32M.
What does deferred policy acquisition costs, amortization expense mean?
This represents the systematic expensing of costs directly related to the acquisition of new insurance policies, such as commissions and underwriting fees, over the life of the policy. It aligns the recognition of acquisition expenses with the related premium revenue. Tracking this helps investors understand the timing of profitability and the company's investment in growth.