ProAssurance (PRA) Revenue & Revenue Breakdown
ProAssurance Revenue Highlights
Latest Revenue (Y)
$1.14B
Latest Revenue (Q)
$290.36M
Main Segment (Y)
Specialty Property and Casualty
ProAssurance Revenue by Period
ProAssurance Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.14B | 3.21% |
| 2022-12-31 | $1.10B | 2.45% |
| 2021-12-31 | $1.08B | 21.26% |
| 2020-12-31 | $886.86M | -12.18% |
| 2019-12-31 | $1.01B | 15.14% |
| 2018-12-31 | $877.08M | 2.21% |
| 2017-12-31 | $858.12M | -2.04% |
| 2016-12-31 | $875.98M | 13.46% |
| 2015-12-31 | $772.08M | -8.99% |
| 2014-12-31 | $848.34M | 15.79% |
| 2013-12-31 | $732.64M | 1.37% |
| 2012-12-31 | $722.73M | 0.83% |
| 2011-12-31 | $716.78M | 3.57% |
| 2010-12-31 | $692.07M | 2.88% |
| 2009-12-31 | $672.68M | 19.57% |
| 2008-12-31 | $562.59M | -20.32% |
| 2007-12-31 | $706.07M | -4.27% |
| 2006-12-31 | $737.60M | 14.30% |
| 2005-12-31 | $645.31M | -18.78% |
| 2004-12-31 | $794.55M | 11.97% |
| 2003-12-31 | $709.64M | 27.69% |
| 2002-12-31 | $555.77M | 45.28% |
| 2001-12-31 | $382.56M | 71.87% |
| 2000-12-31 | $222.59M | 7.01% |
| 1999-12-31 | $208.00M | 7.44% |
| 1998-12-31 | $193.60M | 20.47% |
| 1997-12-31 | $160.70M | 15.28% |
| 1996-12-31 | $139.40M | 26.38% |
| 1995-12-31 | $110.30M | 28.86% |
| 1994-12-31 | $85.60M | -2.39% |
| 1993-12-31 | $87.70M | - |
ProAssurance generated $1.14B in revenue during NA 2023, up 3.21% compared to the previous quarter, and up 129.66% compared to the same period a year ago.
ProAssurance Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $290.36M | 1.99% |
| 2024-03-31 | $284.70M | -4.13% |
| 2023-12-31 | $296.96M | 7.67% |
| 2023-09-30 | $275.81M | -3.29% |
| 2023-06-30 | $285.20M | 4.16% |
| 2023-03-31 | $273.80M | -7.43% |
| 2022-12-31 | $295.77M | 5.66% |
| 2022-09-30 | $279.94M | 11.69% |
| 2022-06-30 | $250.65M | -9.01% |
| 2022-03-31 | $275.45M | -7.58% |
| 2021-12-31 | $298.05M | 1.22% |
| 2021-09-30 | $294.46M | 9.18% |
| 2021-06-30 | $269.70M | 26.48% |
| 2021-03-31 | $213.23M | -2.84% |
| 2020-12-31 | $219.46M | -1.17% |
| 2020-09-30 | $222.04M | -10.14% |
| 2020-06-30 | $247.10M | 24.63% |
| 2020-03-31 | $198.26M | -21.41% |
| 2019-12-31 | $252.29M | 3.76% |
| 2019-09-30 | $243.15M | -0.66% |
| 2019-06-30 | $244.77M | -9.24% |
| 2019-03-31 | $269.69M | 47.55% |
| 2018-12-31 | $182.78M | -25.12% |
| 2018-09-30 | $244.10M | -2.68% |
| 2018-06-30 | $250.81M | 25.79% |
| 2018-03-31 | $199.39M | -4.86% |
| 2017-12-31 | $209.57M | -6.56% |
| 2017-09-30 | $224.29M | 10.45% |
| 2017-06-30 | $203.06M | -8.20% |
| 2017-03-31 | $221.19M | -6.60% |
| 2016-12-31 | $236.83M | 4.01% |
| 2016-09-30 | $227.70M | 6.19% |
| 2016-06-30 | $214.43M | 8.83% |
| 2016-03-31 | $197.02M | 5.91% |
| 2015-12-31 | $186.03M | 6.21% |
| 2015-09-30 | $175.15M | -12.86% |
| 2015-06-30 | $201.00M | -2.53% |
| 2015-03-31 | $206.21M | -4.87% |
| 2014-12-31 | $216.78M | 6.51% |
| 2014-09-30 | $203.53M | -8.21% |
| 2014-06-30 | $221.73M | 7.48% |
| 2014-03-31 | $206.30M | 13.43% |
| 2013-12-31 | $181.87M | 0.05% |
| 2013-09-30 | $181.79M | 4.61% |
| 2013-06-30 | $173.78M | -10.97% |
| 2013-03-31 | $195.20M | -3.51% |
| 2012-12-31 | $202.29M | 14.94% |
| 2012-09-30 | $175.99M | 7.40% |
| 2012-06-30 | $163.87M | -9.25% |
| 2012-03-31 | $180.57M | -12.51% |
| 2011-12-31 | $206.39M | 27.42% |
| 2011-09-30 | $161.98M | -7.35% |
| 2011-06-30 | $174.83M | 0.72% |
| 2011-03-31 | $173.59M | -6.41% |
| 2010-12-31 | $185.47M | 2.40% |
| 2010-09-30 | $181.13M | 12.16% |
| 2010-06-30 | $161.50M | -1.50% |
| 2010-03-31 | $163.96M | -10.83% |
| 2009-12-31 | $183.88M | 0.70% |
| 2009-09-30 | $182.59M | 4.20% |
| 2009-06-30 | $175.24M | 33.80% |
| 2009-03-31 | $130.97M | -0.64% |
| 2008-12-31 | $131.81M | 11.62% |
| 2008-09-30 | $118.09M | -22.85% |
| 2008-06-30 | $153.07M | -67.32% |
| 2008-03-31 | $468.31M | 178.03% |
| 2007-12-31 | $168.44M | - |
ProAssurance generated $290.36M in revenue during Q2 2024, up 1.99% compared to the previous quarter, and up 106.05% compared to the same period a year ago.
ProAssurance Revenue Breakdown
ProAssurance Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Segregated Portfolio Cell Reinsurance | $61.55M | $69.81M | $63.69M | $66.35M | $78.56M |
| Workers' Compensation Insurance Segment | $160.03M | $166.37M | $164.60M | $171.77M | - |
| Specialty Property and Casualty | $755.82M | $769.77M | $695.01M | $477.37M | $499.06M |
| Lloyd's Syndicates | - | $23.63M | $48.37M | $77.23M | $80.67M |
| Workers' Compensation Insurance | - | - | - | - | $189.24M |
ProAssurance's latest annual revenue breakdown by segment (product or service), as of Dec 23: Specialty Property and Casualty (77.33%), Workers' Compensation Insurance Segment (16.37%), and Segregated Portfolio Cell Reinsurance (6.30%).
PRA Revenue FAQ
What is ProAssurance’s yearly revenue?
ProAssurance's yearly revenue for 2023 was $1.14B, representing an increase of 3.21% compared to 2022. The company's yearly revenue for 2022 was $1.1B, representing an increase of 2.45% compared to 2021. PRA's yearly revenue for 2021 was $1.08B, representing an increase of 21.26% compared to 2020.
What is ProAssurance’s quarterly revenue?
ProAssurance's quarterly revenue for Q2 2024 was $290.36M, a 1.99% increase from the previous quarter (Q1 2024), and a 1.81% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $284.7M, a -4.13% decrease from the previous quarter (Q4 2023), and a 3.98% increase year-over-year (Q1 2023). PRA's quarterly revenue for Q4 2023 was $296.96M, a 7.67% increase from the previous quarter (Q3 2023), and a 0.40% increase year-over-year (Q4 2022).
What is ProAssurance’s revenue growth rate?
ProAssurance's revenue growth rate for the last 3 years (2021-2023) was 5.74%, and for the last 5 years (2019-2023) was 12.61%.
What are ProAssurance’s revenue streams?
ProAssurance's revenue streams in c 23 are Segregated Portfolio Cell Reinsurance, Workers' Compensation Insurance Segment, and Specialty Property and Casualty. Segregated Portfolio Cell Reinsurance generated $61.55M in revenue, accounting 6.30% of the company's total revenue, down -11.84% year-over-year. Workers' Compensation Insurance Segment generated $160.03M in revenue, accounting 16.37% of the company's total revenue, down -3.81% year-over-year. Specialty Property and Casualty generated $755.82M in revenue, accounting 77.33% of the company's total revenue, down -1.81% year-over-year.
What is ProAssurance’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of ProAssurance was Specialty Property and Casualty. This segment made a revenue of $755.82M, representing 77.33% of the company's total revenue.