ProAssurance Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt Securities	3,986	3,890	3,778	3,761	4,094
Equity and Preferred Securities	106.99	130.16	151.3	143.74	214.81
Other Investments	336.66	346.98	420.78	482.73	519.14
Total Investments	4,429	4,367	4,350	4,388	4,828
Cash & Equivalents	36.49	54.88	65.9	29.96	143.6
Reinsurance Contract Assets	387.22	457.92	466.7	476.32	490.91
Deferred Acquisition Costs	57.41	59.03	31.15	58.15	58.94
Other Receivables	227.76	228.9	235.57	246.09	241.1
Net Property, Plant & Equipment	26.88	46.1	215.92	48.96	49.94
Other Intangible Assets	48.54	54.21	60.31	66.84	73.34
Goodwill	5.5	5.5	5.5	49.61	49.61
Other Assets	228.03	300.32	184.83	336.39	255.72
Total Assets	5,447	5,574	5,632	5,700	6,191
Unearned Premiums	403.88	418.76	433.72	422.95	433.96
Claims Reserves	3,018	3,258	3,401	3,471	3,580
Reinsurance Contract Liabilities	14.42	27.29	24.02	28.51	22.63
Total Debt	420.42	424.87	427.13	426.98	424.99
Long-Term Leases	14.64	17.39	17.18	20.01	20.84
Other Liabilities	226.3	226.52	216.62	226.38	280.73
Total Liabilities	4,098	4,373	4,520	4,596	4,763
Common Stock	0.64	0.64	0.64	0.63	0.63
Treasury Stock	-469.69	-469.69	-469.7	-419.21	-415.96
Additional Paid-in Capital	413.59	408.47	403.55	397.92	392.94
Accumulated Other Comprehensive Income	-81.05	-172.39	-204.49	-298.61	16.28
Retained Earnings	1,486	1,435	1,382	1,423	1,434
Shareholders' Equity	1,349	1,202	1,112	1,104	1,428
Total Liabilities & Equity	5,447	5,574	5,632	5,700	6,191
Total Debt	14.64	17.39	17.18	20.01	20.84
Net Cash (Debt)	-14.64	-17.39	-17.18	-20.01	-20.84
Net Cash Per Share	-0.28	-0.34	-0.33	-0.37	-0.39
Book Value	1,349	1,202	1,112	1,104	1,428
Book Value Per Share	26.11	23.44	21.07	20.39	26.42
Tangible Book Value	1,295	1,142	1,046	987.57	1,305
Tangible Book Value Per Share	25.07	22.28	19.82	18.24	24.15

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.