ProAssurance traded at $25.00 this Wednesday June 24th, increasing $0.35 or 1.42 percent since the previous trading session. Looking back, over the last four weeks, ProAssurance gained 1.50 percent. Over the last 12 months, its price rose by 9.41 percent. Looking ahead, we forecast ProAssurance to be priced at 24.14 by the end of this quarter and at 22.68 in one year, according to Trading Economics global macro models projections and analysts expectations.
ProAssurance Corporation is an insurance holding company. The Company operates in five segments: Specialty P&C, Workers' Compensation Insurance, Segregated Portfolio Cell Reinsurance, and Lloyd's Syndicates and Corporate. Specialty P&C segment includes professional liability insurance and medical technology liability insurance. Professional liability insurance is primarily comprised of medical professional liability products offered to healthcare providers and institutions. Workers' Compensation Insurance segment includes workers' compensation insurance products, which are provided primarily to employers. The segment's products include guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, deductible policies and alternative market solutions. Segregated Portfolio Cell Reinsurance segment includes the results of SPCs at Inova Re and Eastern Re, the Company's Cayman Islands SPC operations.