ProAssurance records Q3 earnings miss and announces end to Syndicate 1729 tie-up

Published: Thu 9 Nov 2023

ProAssurance closed Q3 2023 with a big earnings miss after it posted a reserve charge-impacted operating loss that deepened from the prior year period to $3.7mn, while the carrier revealed it will no longer support Dale Syndicate 1729 and is also selling its stake in the Lloyd’s platform’s managing agent.