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ProAssurance PRA Specialty P&C — Underwriting Policy Acquisition And Operating Expense

Other segment segments

Workers' Compensation Insurance Segment
$10.73M-3.2%
Corporate
$8.34M+2.9%
Segregated Portfolio Cell Reinsurance
$363K-31.6%

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KMPRSpecialty Property & Casualty Insurance — Operating Expenses
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CINFPersonal Insurance — Underwriting, acquisition and insurance expenses
$238M+13.3%
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CINFCommercial Insurance — Underwriting, acquisition and insurance expenses
$377M+8.0%
ASI
ASICUnderwriting, acquisition and insurance expenses
$32.28M+29.7%

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+10.3%
Enterprise value$1.71B+9.1%
P/E19.8×-7.9×
P/S1.2×+0.2×

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 pra:UnderwritingPolicyAcquisitionAndOperatingExpense.

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 specialty P&C — underwriting policy acquisition and operating expense?
ProAssurance (PRA) reported specialty P&C — underwriting policy acquisition and operating expense of $20.43M in Q1 2026.
How has ProAssurance's specialty P&C — underwriting policy acquisition and operating expense changed year-over-year?
ProAssurance's specialty P&C — underwriting policy acquisition and operating expense decreased by 15.3% year-over-year, from $24.1M to $20.43M.
What is the long-term trend for ProAssurance's specialty P&C — underwriting policy acquisition and operating expense?
Over 2 years (2021 to 2023), ProAssurance's specialty P&C — underwriting policy acquisition and operating expense has grown at a 15.8% compound annual growth rate (CAGR), from $145.67M to $195.3M.
What does specialty P&C — underwriting policy acquisition and operating expense mean?
This metric aggregates the costs associated with acquiring new business, such as commissions and brokerage fees, alongside general administrative and operational overheads. It provides a comprehensive view of the segment's cost structure required to maintain and grow its insurance portfolio. Monitoring this is crucial for evaluating the operational efficiency and expense management of the underwriting business.