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ProAssurance (PRA) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

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

DateRevenueChange
2023-12-31$1.14B3.21%
2022-12-31$1.10B2.45%
2021-12-31$1.08B21.26%
2020-12-31$886.86M-12.18%
2019-12-31$1.01B15.14%
2018-12-31$877.08M2.21%
2017-12-31$858.12M-2.04%
2016-12-31$875.98M13.46%
2015-12-31$772.08M-8.99%
2014-12-31$848.34M15.79%
2013-12-31$732.64M1.37%
2012-12-31$722.73M0.83%
2011-12-31$716.78M3.57%
2010-12-31$692.07M2.88%
2009-12-31$672.68M19.57%
2008-12-31$562.59M-20.32%
2007-12-31$706.07M-4.27%
2006-12-31$737.60M14.30%
2005-12-31$645.31M-18.78%
2004-12-31$794.55M11.97%
2003-12-31$709.64M27.69%
2002-12-31$555.77M45.28%
2001-12-31$382.56M71.87%
2000-12-31$222.59M7.01%
1999-12-31$208.00M7.44%
1998-12-31$193.60M20.47%
1997-12-31$160.70M15.28%
1996-12-31$139.40M26.38%
1995-12-31$110.30M28.86%
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

DateRevenueChange
2024-06-30$290.36M1.99%
2024-03-31$284.70M-4.13%
2023-12-31$296.96M7.67%
2023-09-30$275.81M-3.29%
2023-06-30$285.20M4.16%
2023-03-31$273.80M-7.43%
2022-12-31$295.77M5.66%
2022-09-30$279.94M11.69%
2022-06-30$250.65M-9.01%
2022-03-31$275.45M-7.58%
2021-12-31$298.05M1.22%
2021-09-30$294.46M9.18%
2021-06-30$269.70M26.48%
2021-03-31$213.23M-2.84%
2020-12-31$219.46M-1.17%
2020-09-30$222.04M-10.14%
2020-06-30$247.10M24.63%
2020-03-31$198.26M-21.41%
2019-12-31$252.29M3.76%
2019-09-30$243.15M-0.66%
2019-06-30$244.77M-9.24%
2019-03-31$269.69M47.55%
2018-12-31$182.78M-25.12%
2018-09-30$244.10M-2.68%
2018-06-30$250.81M25.79%
2018-03-31$199.39M-4.86%
2017-12-31$209.57M-6.56%
2017-09-30$224.29M10.45%
2017-06-30$203.06M-8.20%
2017-03-31$221.19M-6.60%
2016-12-31$236.83M4.01%
2016-09-30$227.70M6.19%
2016-06-30$214.43M8.83%
2016-03-31$197.02M5.91%
2015-12-31$186.03M6.21%
2015-09-30$175.15M-12.86%
2015-06-30$201.00M-2.53%
2015-03-31$206.21M-4.87%
2014-12-31$216.78M6.51%
2014-09-30$203.53M-8.21%
2014-06-30$221.73M7.48%
2014-03-31$206.30M13.43%
2013-12-31$181.87M0.05%
2013-09-30$181.79M4.61%
2013-06-30$173.78M-10.97%
2013-03-31$195.20M-3.51%
2012-12-31$202.29M14.94%
2012-09-30$175.99M7.40%
2012-06-30$163.87M-9.25%
2012-03-31$180.57M-12.51%
2011-12-31$206.39M27.42%
2011-09-30$161.98M-7.35%
2011-06-30$174.83M0.72%
2011-03-31$173.59M-6.41%
2010-12-31$185.47M2.40%
2010-09-30$181.13M12.16%
2010-06-30$161.50M-1.50%
2010-03-31$163.96M-10.83%
2009-12-31$183.88M0.70%
2009-09-30$182.59M4.20%
2009-06-30$175.24M33.80%
2009-03-31$130.97M-0.64%
2008-12-31$131.81M11.62%
2008-09-30$118.09M-22.85%
2008-06-30$153.07M-67.32%
2008-03-31$468.31M178.03%
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/ServiceDec 23Dec 22Dec 21Dec 20Dec 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%).

ProAssurance Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
KMPRKemper$4.94B$1.18B
RLIRLI$1.51B$470.00M
HMNHorace Mann Educators$1.49B$412.10M
PRAProAssurance$1.14B$290.36M
GBLIGlobal Indemnity Group$528.13M$108.69M
SIGISelective Insurance Group$101.17M$1.24B

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.