ProAssurance Corporation

NYSE:PRA Stock Report

Market Cap: US$1.2b

ProAssurance Management

Management criteria checks 3/4

ProAssurance's CEO is Ned Rand, appointed in Dec 2018, has a tenure of 6.42 years. total yearly compensation is $6.23M, comprised of 16.5% salary and 83.5% bonuses, including company stock and options. directly owns 0.46% of the company’s shares, worth $5.42M. The average tenure of the management team and the board of directors is 9.6 years and 6 years respectively.

Key information

Ned Rand

Chief executive officer

US$6.2m

Total compensation

CEO salary percentage16.5%
CEO tenure6.4yrs
CEO ownership0.5%
Management average tenure9.6yrs
Board average tenure6yrs

Recent management updates

Recent updates

ProAssurance Pops On Acquisition News, But Think Twice About Opportunity Cost

Mar 21
author-image

AI And Predictive Analytics Initiatives Will Strengthen Future Net Margins

Feb 26 Strategic pricing and predictive analytics improve medical professional liability metrics, potentially enhancing revenue and margins.

ProAssurance: Recent Performance Strong, But Valuation Not Compelling

Jan 09

ProAssurance Corporation's (NYSE:PRA) Price Is Out Of Tune With Revenues

Nov 07
ProAssurance Corporation's (NYSE:PRA) Price Is Out Of Tune With Revenues

Lacklustre Performance Is Driving ProAssurance Corporation's (NYSE:PRA) Low P/S

Jul 31
Lacklustre Performance Is Driving ProAssurance Corporation's (NYSE:PRA) Low P/S

Results: ProAssurance Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

May 09
Results: ProAssurance Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

ProAssurance (NYSE:PRA) Is Due To Pay A Dividend Of $0.05

Mar 12
ProAssurance (NYSE:PRA) Is Due To Pay A Dividend Of $0.05

ProAssurance declares $0.05 dividend

Sep 08

ProAssurance Non-GAAP EPS of $1.19 beats by $1.10

Aug 08

ProAssurance's (NYSE:PRA) Dividend Will Be US$0.05

Sep 19
ProAssurance's (NYSE:PRA) Dividend Will Be US$0.05

ProAssurance (NYSE:PRA) Is Due To Pay A Dividend Of US$0.05

Sep 05
ProAssurance (NYSE:PRA) Is Due To Pay A Dividend Of US$0.05

Need To Know: Analysts Are Much More Bullish On ProAssurance Corporation (NYSE:PRA) Revenues

Aug 08
Need To Know: Analysts Are Much More Bullish On ProAssurance Corporation (NYSE:PRA) Revenues

We Wouldn't Be Too Quick To Buy ProAssurance Corporation (NYSE:PRA) Before It Goes Ex-Dividend

Mar 20
We Wouldn't Be Too Quick To Buy ProAssurance Corporation (NYSE:PRA) Before It Goes Ex-Dividend

Should You Buy ProAssurance Corporation (NYSE:PRA) For Its Dividend?

Feb 24
Should You Buy ProAssurance Corporation (NYSE:PRA) For Its Dividend?

What Is The Ownership Structure Like For ProAssurance Corporation (NYSE:PRA)?

Jan 20
What Is The Ownership Structure Like For ProAssurance Corporation (NYSE:PRA)?

CEO Compensation Analysis

How has Ned Rand's remuneration changed compared to ProAssurance's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024US$6mUS$1m

US$53m

Sep 30 2024n/an/a

US$43m

Jun 30 2024n/an/a

-US$23m

Mar 31 2024n/an/a

-US$28m

Dec 31 2023US$4mUS$1m

-US$39m

Sep 30 2023n/an/a

-US$31m

Jun 30 2023n/an/a

US$9m

Mar 31 2023n/an/a

-US$3m

Dec 31 2022US$4mUS$987k

-US$402k

Sep 30 2022n/an/a

US$18m

Jun 30 2022n/an/a

US$39m

Mar 31 2022n/an/a

US$133m

Dec 31 2021US$3mUS$938k

US$144m

Sep 30 2021n/an/a

US$126m

Jun 30 2021n/an/a

-US$36m

Mar 31 2021n/an/a

-US$146m

Dec 31 2020US$2mUS$921k

-US$176m

Sep 30 2020n/an/a

-US$249m

Jun 30 2020n/an/a

-US$82m

Mar 31 2020n/an/a

-US$53m

Dec 31 2019US$4mUS$827k

US$1m

Sep 30 2019n/an/a

US$36m

Jun 30 2019n/an/a

US$50m

Mar 31 2019n/an/a

US$67m

Dec 31 2018US$2mUS$627k

US$47m

Compensation vs Market: Ned's total compensation ($USD6.23M) is above average for companies of similar size in the US market ($USD3.98M).

Compensation vs Earnings: Ned's compensation has been consistent with company performance over the past year.

CEO

Ned Rand (57 yo)

6.4yrs

Tenure

US$6,226,834

Compensation

Mr. Edward Lewis Rand, Jr., C.P.A., also known as Ned, serves as Chief Executive Officer of ProAssurance Corporation since July 1, 2019, its President since December 3, 2018 and has been its Director since...

Leadership Team

NamePositionTenureCompensationOwnership
Edward Rand
President6.4yrsUS$6.23m0.46%
$ 5.4m
Dana Hendricks
Executive VP6.7yrsUS$2.05m0.061%
$ 719.8k
Jeffrey Lisenby
Executive VP19.3yrsUS$2.09m0.16%
$ 1.9m
Robert Francis
President of Medical Professional Liabilityno dataUS$2.42m0.031%
$ 368.1k
Kevin Shook
President of Eastern Alliance Insurance Group6yrsUS$1.79m0.076%
$ 899.2k
Lawrence Cochran
Chief Investment Officer23.3yrsno datano data
Heather Wietzel
Senior Vice President of Investor Relationsno datano datano data
Kathryn Neville
Chief Compliance Officer & VP11.3yrsno datano data
Kelly Cinelli
Assistant Vice President of Public Relationsno datano datano data
Noreen Dishart
Chief Human Resources Officer & Executive VP10.1yrsno data0.032%
$ 379.7k
Darryl Thomas
Senior VP & Chief Claims Officerno dataUS$1.55mno data
Karen Murphy
President of Life Sciences9.2yrsno datano data

9.6yrs

Average Tenure

57.5yo

Average Age

Experienced Management: PRA's management team is seasoned and experienced (9.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Edward Rand
President6yrsUS$6.23m0.46%
$ 5.4m
Richard Bielen
Independent Director1yrUS$148.96k0.013%
$ 150.3k
Samuel Di Piazza
Independent Director11.3yrsUS$289.02k0.080%
$ 941.9k
Scott Syphax
Independent Director4yrsUS$283.81k0.041%
$ 485.7k
Bruce Angiolillo
Independent Chairman9yrsUS$383.81k0.062%
$ 726.9k
Kedrick Adkins
Independent Director7yrsUS$303.81k0.057%
$ 665.6k
Fabiola Cobarrubias
Independent Director4yrsUS$296.31k0.041%
$ 485.7k
Staci Pierce
Independent Director1yrUS$141.67k0.013%
$ 150.3k
Katisha Vance
Independent Director8yrsUS$293.81k0.059%
$ 692.6k
Maye Frei
Independent Director6yrsUS$296.06k0.053%
$ 626.6k

6.0yrs

Average Tenure

58.5yo

Average Age

Experienced Board: PRA's board of directors are considered experienced (6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/02 21:37
End of Day Share Price 2025/05/02 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ProAssurance Corporation is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert FarnamBoenning & Scattergood, Inc.
Amit KumarBuckingham Research Group Inc.
Matthew CarlettiCitizens JMP Securities, LLC