Proassurance Cp Stock Price, News & Analysis

ProAssurance Corporation (NYSE:PRA) announced the retirement of Executive Chairman W. Stancil (Stan) Starnes, effective at the Annual Shareholders Meeting on May 24, 2022. Starnes has been with the company since September 2007, having served as Chairman and CEO during significant growth, including seven acquisitions and diversification of services. His leadership is praised by CEO Ned Rand and others for its impact on the company's legacy. The board plans to elect an independent chair following Starnes' retirement.

ProAssurance Corporation (NYSE:PRA) will release its quarterly results for the period ending March 31, 2022 after market close on May 9, 2022. A conference call discussing these results will take place on May 10, 2022, at 10:00 AM ET. Investors can join by phone or via webcast from the ProAssurance Investor Relations website. The conference call will also be available for replay until May 17, 2022. ProAssurance specializes in healthcare and legal professional liability insurance and holds strong ratings from AM Best and Fitch Ratings.

MetLife, Inc. (NYSE: MET) has confirmed its Q1 2022 dividend of $0.25 per share on its floating rate non-cumulative preferred stock, Series A, which has a liquidation preference of $25 per share (NYSE: MET PRA). The New York Stock Exchange will announce the ex-dividend date shortly. The payment is scheduled for March 15, 2022, to shareholders on record by February 28, 2022.

InPoint Commercial Real Estate Income (NYSE: ICR,PRA) has declared a quarterly dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Preferred Stock. This dividend will be paid on March 30, 2022, to shareholders on record by March 15, 2022. The company, based in Maryland, focuses on originating, acquiring, and managing a diversified credit portfolio secured by commercial real estate properties across the United States.

ProAssurance Corporation (NYSE:PRA) has announced a cash dividend of $0.05 per share, payable on April 7, 2022, for shareholders on record as of March 24, 2022. The company aims for an annual dividend of $0.20 per share, distributed quarterly, contingent on Board reviews of financial performance and other relevant factors. ProAssurance specializes in various insurance sectors, including healthcare professional liability, and maintains strong ratings from AM Best and Fitch Ratings.

ProAssurance Corporation (NYSE: PRA) reported impressive fourth quarter and full year 2021 results, with net income of $32.1 million ($0.59 per diluted share) and $144.1 million ($2.67 per diluted share), respectively. Gross premiums written surged 34.8% to $218.1 million for the quarter and rose 12.4% to $960.0 million for the year. The company achieved a combined ratio of 96.5% for Q4, a 9.3-point improvement. Notably, net investment results increased significantly by 28.8% in Q4 and 98.9% for the full year. The acquisition of NORCAL contributed positively, reflecting strategic growth.

American International Group (NYSE: AIG) reported strong fourth quarter 2021 results with net income of $3.7 billion, or $4.38 per diluted share, reversing a net loss of $60 million in Q4 2020. General Insurance saw a 7% increase in net premiums written and a combined ratio improvement to 92.4%. Adjusted after-tax income rose 68% to $1.58 per share. For the full year, net income was $9.4 billion, driven by improved underwriting results and net investment gains. AIG returned $3.7 billion to shareholders through stock repurchases and dividends, with parent liquidity at $10.7 billion.

ProAssurance Corporation (NYSE:PRA) is set to announce its financial results for the quarter and year ending December 31, 2021, after market close on February 21, 2022. A conference call will be held on February 22, 2022, at 10:00 AM ET to discuss the results, with participation options for both US and international investors. Replay options will be available until March 1, 2022. ProAssurance is recognized as a leading specialty insurer in healthcare professional liability and other insurance sectors, holding strong ratings from AM Best and Fitch Ratings.

ProAssurance Corporation (NYSE:PRA) has declared a cash dividend of $0.05 per share, payable on January 7, 2022, to shareholders of record as of December 22, 2021. The company anticipates a total annual dividend of $0.20 per share, distributed in quarterly installments, though future dividends depend on the Board's review of financial performance and other factors. Additionally, the 2022 Annual Meeting of Shareholders is scheduled for May 24, 2022, with a record date of March 28, 2022.