ProAssurance Q3 Earnings Miss Estimates Due to Weak Specialty P&C Unit and Declining Gross Premiums Written

ProAssurance Corporation reported Q3 2025 adjusted operating income of 15 cents per share, missing estimates by 46.4%. The company's revenue of $274 million dipped 1.4% YoY, and gross premiums written fell 5.7% to $290.4 million. Net premiums earned declined 4% to $233.4 million, while net investment income rose 8.5% to $40.4 million. Total expenses increased 4.2% to $275.2 million, leading to a net income of $1.4 million, down 91.2% YoY.