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Slide #42. ProAssurance Corporation — Eastern Insurance Holdings, Inc.
ProAssurance Corporation (NYSE:PRA)
Eastern Insurance Holdings, Inc.
ProAssurance Corporation (NYSE: PRA) announced today that its acquisition of Eastern Insurance Holdings, Inc. (Eastern) was completed effective January 1, 2014. Eastern's shareholders overwhelmingly approved the transaction at a special meeting on December 27, 2013.
ProAssurance is a holding company for property and casualty insurance companies. Co.'s segments are: Specialty Property and Casualty, which include its professional liability business and medical technology liability business; Workers' Compensation Insurance, which includes its workers' compensation business; Segregated Portfolio Cell (SPC) Reinsurance, which includes Co.'s Cayman Islands SPC operations; Lloyd's of London market (Lloyd's) Syndicates, which includes Co.'s participation in Lloyd's of London Syndicate 1729 and Syndicate 6131; and Corporate, which includes Co.'s investment operations, other than those SPC Reinsurance and Lloyd's Syndicates segments.
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Hold (2.00 out of 4)