C
ProAssurance Spclty Ins Co
Rating Date
June 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Loading...
Major Rating Factors: Fair profitability index (3.5 on a scale of 0 to 10) with operating losses during 2025. History of adequate reserve strength (6.8) as reserves have been consistently at an acceptable level. Good overall results on stability tests (5.3) despite negative cash flow from operations for 2025. The largest net exposure for one risk is high at 4.5% of capital. Stability strengths include good operational trends and excellent risk diversification.
Other Rating Factors: Strong long-term capitalization index (8.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Stability Factors: F - Negative cash flow.
Principal Lines of Business: Med mal (76.7%), product liab. (19.8%), other (3.5%)
Licensed in: (No states)
Principal Investments: Investment grade bonds (84.8%), common stock (2.0%), other (13.2%)
Ratios
Premium to Surplus
Reserve to Surplus
1-Year Reserve Development
2-Year Reserve Development
Expense Ratio
Combined Ratio
Cash From Underwriting
Net Premium Growth
Investments in Affiliates
Corporate Info
Group Affiliation
ProAssurance Corporation
Investment Rating
--
Company Address
100 Brookwood Place
Birmingham, AL 35209
Phone Number
(205) 877-4400
NAIC Number
17400
Largest Affiliates
B
Birmingham, AL - P&C
B
San Francisco, CA - P&C
B
Franklin, TN - P&C
C
Lancaster, PA - P&C
C
Chantilly, VA - P&C