ProAssurance Spclty Ins Co
Major Rating Factors:
History of adequate reserve strength (6.8 on a scale of 0 to 10) as reserves have been consistently at an acceptable level. Good overall profitability index (6.3). Good overall results on stability tests (5.7) despite negative cash flow from operations for 2024. The largest net exposure for one risk is high at 4.0% of capital. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Med mal (74.7%), product liab. (21.6%), other (3.7%)
Licensed in:
(No states)
Principal Investments:
Investment grade bonds (95.4%), common stock (1.2%), other (3.4%)
Corporate Info
Group Affiliation
ProAssurance Corporation
Investment Rating
Company Address
100 Brookwood Place
Birmingham, AL 35209
Birmingham, AL 35209
Phone Number
(205) 877-4400
NAIC Number
17400
Website
Largest Affiliates