C
PROASSURANCE INS CO OF AM
Rating Date
December 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Weiss Ratings PROASSURANCE INS CO OF AM
Franklin, IL
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Rating C
Capitalization Index 7.80
Investment Safety Index --
Liquidity Index 6.70
Profitability Index 3.60
Reserve Adequacy Index 9.10
Stability Index 3.70
Company Info PROASSURANCE INS CO OF AM
Franklin, IL
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Industry P&C
NAIC Number 14460
Phone Number (615) 301-1445
Website www.picagroup.com
Address 601 West Monroe Street Franklin, IL 62704
Balance Sheet PROASSURANCE INS CO OF AM
Franklin, IL
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Total Assets $326.13M
Capital and Reserves PROASSURANCE INS CO OF AM
Franklin, IL
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Risk-Adjusted Capital Ratio #1 1.96
Risk-Adjusted Capital Ratio #2 1.56
1-Year Reserve Development -2.60%
2-Year Reserve Development -11.00%
Capital $92.17M
Premium to Surplus 77.00%
Reserves to Surplus 193.40%
Investments PROASSURANCE INS CO OF AM
Franklin, IL
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 0.00%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios PROASSURANCE INS CO OF AM
Franklin, IL
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Medical Loss Ratio --
Cash From Underwriting 99.90%
Combined Ratio 99.70%
Expense Ratio 20.30%
Loss Ratio 79.40%
Net Premium Growth 2.40%
Other Medical PROASSURANCE INS CO OF AM
Franklin, IL
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability PROASSURANCE INS CO OF AM
Franklin, IL
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Net Income $9.36M
Net Premium $70.99M
Health Premium --
Weiss Ratings