Proassurance Corporation (PRA) |
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Proassurance Balance Sheet Annual
PRA
Select the Financial Report: |
Period: |
Fiscal Year: |
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Balance Sheets
(Annual, GAAP in millions $) |
(Dec 31 2023) 2023 |
(Dec 31 2022) 2022 |
(Dec 31 2021) 2021 |
(Dec 31 2020) 2020 |
(Dec 31 2019) 2019 |
ASSETS |
Marketable Securities |
3,493.60 |
3,472.47 |
3,877.39 |
2,505.99 |
2,336.07 |
Other Short-term Investments AS |
235.79 |
245.31 |
216.99 |
337.81 |
339.91 |
Net Investments |
78.21 |
81.75 |
183.56 |
114.92 |
105.06 |
Total Investments |
4,349.78 |
4,387.68 |
4,828.32 |
3,389.35 |
3,390.41 |
Cash & cash equivalent |
65.90 |
29.96 |
143.60 |
215.78 |
175.37 |
Cash, Cash Eqvivalents Other |
- |
- |
- |
- |
- |
Accounts receivable |
- |
- |
- |
- |
- |
Other Receivables |
21.12 |
15.31 |
14.60 |
14.37 |
12.74 |
Notes Receivable, Current |
- |
- |
- |
- |
- |
Reinsurance Recoverable For Unpaid Claims And Claims Adjustments |
445.57 |
431.89 |
451.74 |
385.09 |
- |
Derivatives, Collaterals, Regulatory, Deferred Assets |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other Current Assets |
- |
- |
- |
- |
- |
Income Taxes, Current |
- |
- |
- |
- |
- |
Total loans net |
- |
- |
- |
- |
- |
Equipment/Property/Plant Net |
29.76 |
29.97 |
30.34 |
30.53 |
30.41 |
Goodwill net |
5.50 |
49.61 |
49.61 |
49.61 |
210.73 |
Intangibles |
60.31 |
66.84 |
73.34 |
65.72 |
70.76 |
Accounts Receivable, Net, Noncurrent |
- |
- |
- |
- |
- |
Financial Instruments |
- |
- |
- |
- |
- |
Deferred Tax Assets, Net AS |
- |
- |
- |
- |
- |
Other Assets |
- |
- |
992.73 |
842.25 |
859.62 |
Deferred Policy Acquisition Costs DE1 |
60.34 |
58.15 |
58.94 |
47.20 |
55.57 |
Discontinued Operations, Noncurrent |
- |
- |
- |
- |
- |
Total Assets |
5,631.93 |
5,700.00 |
6,191.48 |
4,654.80 |
4,805.60 |
LIABILITIES |
Reinsurance Payable LI |
24.02 |
28.51 |
22.63 |
40.00 |
52.95 |
Policy Liabilities |
3,859.02 |
3,922.61 |
4,036.53 |
2,818.73 |
- |
Liability for Claims and Claims Adjustment Expense LI |
3,401.28 |
3,471.15 |
3,579.94 |
2,417.18 |
2,346.53 |
Financial Instruments |
- |
- |
- |
- |
- |
Shortterm Debt |
- |
- |
- |
- |
- |
Other Liabilities |
- |
- |
- |
- |
0.00 |
Taxes Payable |
- |
- |
- |
- |
- |
Servicing, Deferred Liability, Revenue and Advances |
- |
- |
- |
- |
- |
Discontinued Operation, Liabilities, Current |
- |
- |
- |
- |
- |
Long-term debt |
427.13 |
426.98 |
424.99 |
284.71 |
285.82 |
Capital Lease and Other |
- |
- |
- |
- |
- |
Long-term Debt Convertible |
- |
- |
- |
- |
- |
Financial Instruments, Insurance, Noncurrent |
- |
- |
- |
- |
- |
Employee Benefit Plans, Noncurrent |
- |
- |
- |
- |
- |
Separate Accounts, Advances |
- |
- |
- |
- |
- |
Deferred Tax Liabilities, Net LI |
- |
- |
- |
- |
- |
Discontinued Operation, Liabilities, Noncurrent |
- |
- |
- |
- |
- |
Other liabilities, Noncurrent |
4,092.81 |
4,169.00 |
735.54 |
563.70 |
608.39 |
Total Liabilities |
4,519.95 |
4,595.98 |
4,763.09 |
3,305.59 |
3,293.69 |
SHAREHOLDER'S EQUITY |
Common Stock Value |
0.64 |
0.63 |
0.63 |
0.63 |
0.63 |
Treasury Stock Value |
- |
- |
-415.96 |
-406.64 |
-415.96 |
Additional Paid In Capital Common Stock |
403.55 |
397.92 |
392.94 |
388.15 |
384.55 |
Retained Earnings / Accumulated Deficit |
1,381.98 |
1,423.29 |
1,434.49 |
1,301.16 |
1,505.74 |
Other Equity |
-674.19 |
-717.82 |
16.28 |
65.90 |
36.96 |
Noncontrolling interests & other |
- |
- |
- |
- |
- |
Total
Stockholder's Equity |
1,111.98 |
1,104.02 |
1,428.39 |
1,349.21 |
1,511.91 |
Liabilities & Stockholder's
Equity |
5,631.93 |
5,700.00 |
6,191.48 |
4,654.80 |
4,805.60 |
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