ProAssurance Corporation (PRA) - Total Assets
Based on the latest financial reports, ProAssurance Corporation (PRA) holds total assets worth $5.55 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check PRA capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
ProAssurance Corporation - Total Assets Trend (1991–2024)
This chart illustrates how ProAssurance Corporation's total assets have evolved over time, based on quarterly financial data. Explore PRA strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
ProAssurance Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
ProAssurance Corporation's total assets of $5.55 Billion consist of 9.7% current assets and 90.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $54.88 Million | 1.0% |
| Accounts Receivable | $656.20 Million | 11.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $16.51 Million | 0.3% |
| Intangible Assets | $54.20 Million | 1.0% |
| Goodwill | $5.50 Million | 0.1% |
Asset Composition Trend (1991–2024)
This chart illustrates how ProAssurance Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see ProAssurance Corporation stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ProAssurance Corporation's current assets represent 9.7% of total assets in 2024, an increase from 0.0% in 1991.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2024, up from 0.0% in 1991.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1991.
- Asset Diversification: The largest asset category is accounts receivable at 11.8% of total assets.
ProAssurance Corporation Competitors by Total Assets
Key competitors of ProAssurance Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Samsung Fire & Marine Insurance
KO:000810
|
Korea | ₩96.45 Trillion |
|
DB Insurance Co Ltd
KO:005830
|
Korea | ₩72.11 Trillion |
|
Definity Financial Corp
TO:DFY
|
Canada | CA$13.21 Billion |
|
QBE Insurance Group Ltd
AU:QBE
|
Australia | AU$49.19 Billion |
|
Suncorp Group Ltd
AU:SUNPH
|
Australia | AU$30.16 Billion |
|
Suncorp Group Ltd
AU:SUN
|
Australia | AU$29.52 Billion |
|
Insurance Australia Group Ltd
AU:IAG
|
Australia | AU$27.65 Billion |
|
Fairfax Financial Holdings Ltd
TO:FFH
|
Canada | CA$107.39 Billion |
ProAssurance Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 39.26 | 260.56 | 0.35 |
| Quick Ratio | 39.26 | 260.56 | 0.35 |
| Cash Ratio | 3.55 | 2.49 | 0.00 |
| Working Capital | $586.16 Million | $4.71 Billion | $-392.91 Million |
ProAssurance Corporation - Advanced Valuation Insights
This section examines the relationship between ProAssurance Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.97 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | -1.0% |
| Total Assets | $5.57 Billion |
| Market Capitalization | $1.26 Billion USD |
Valuation Analysis
Below Book Valuation: The market values ProAssurance Corporation's assets below their book value (0.23x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: ProAssurance Corporation's assets decreased by 1.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for ProAssurance Corporation (1991–2024)
The table below shows the annual total assets of ProAssurance Corporation from 1991 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.57 Billion | -1.02% |
| 2023-12-31 | $5.63 Billion | -1.19% |
| 2022-12-31 | $5.70 Billion | -13.81% |
| 2021-12-31 | $6.61 Billion | +42.08% |
| 2020-12-31 | $4.65 Billion | -3.14% |
| 2019-12-31 | $4.81 Billion | -5.16% |
| 2018-12-31 | $5.07 Billion | -5.59% |
| 2017-12-31 | $5.37 Billion | -2.61% |
| 2016-12-31 | $5.51 Billion | +2.86% |
| 2015-12-31 | $5.36 Billion | +3.64% |
| 2014-12-31 | $5.17 Billion | +0.37% |
| 2013-12-31 | $5.15 Billion | +5.61% |
| 2012-12-31 | $4.88 Billion | -2.45% |
| 2011-12-31 | $5.00 Billion | +2.54% |
| 2010-12-31 | $4.88 Billion | +4.90% |
| 2009-12-31 | $4.65 Billion | +8.56% |
| 2008-12-31 | $4.28 Billion | -3.60% |
| 2007-12-31 | $4.44 Billion | +2.26% |
| 2006-12-31 | $4.34 Billion | +11.09% |
| 2005-12-31 | $3.91 Billion | +20.69% |
| 2004-12-31 | $3.24 Billion | +12.50% |
| 2003-12-31 | $2.88 Billion | +11.32% |
| 2002-12-31 | $2.59 Billion | +15.56% |
| 2001-12-31 | $2.24 Billion | +99.35% |
| 2000-12-31 | $1.12 Billion | +0.46% |
| 1999-12-31 | $1.12 Billion | -1.28% |
| 1998-12-31 | $1.13 Billion | +6.49% |
| 1997-12-31 | $1.06 Billion | +17.44% |
| 1996-12-31 | $905.30 Million | +25.65% |
| 1995-12-31 | $720.50 Million | +27.36% |
| 1994-12-31 | $565.70 Million | +11.47% |
| 1993-12-31 | $507.50 Million | +25.37% |
| 1992-12-31 | $404.80 Million | +15.96% |
| 1991-12-31 | $349.10 Million | -- |
About ProAssurance Corporation
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. It operates through Specialty Property and Casualty, Workers' Compensation Insurance, and Segregated Portfolio Cell Reinsurance segments. The company offers professional liability insurance to healthcare providers and institutions, and attorneys and their fi… Read more