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Variable Interest Entities | 12 Months Ended
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Dec. 31, 2015
Variable Interest Entities [Abstract] |
Variable Interest Entities | Variable Interest Entities ProAssurance holds passive interests in a number of entities that are considered to be VIE s under GAAP guidance. ProAssurance's VIE interests principally consist of interests in LP s/LLC s formed for the purpose of achieving diversified equity and debt returns. ProAssurance VIE interests carried as a part of Other investments totaled $24.5 million at December 31, 2015 and $33.3 million at December 31, 2014. ProAssurance VIE interests, carried as a part of Investment in unconsolidated subsidiaries, totaled $67.8 million at December 31, 2015 and $65.0 million at December 31, 2014. ProAssurance has not consolidated these VIE s because it has either very limited or no power to control the activities that most significantly affect the economic performance of these entities and is not the primary beneficiary of any of the entities. ProAssurance’s involvement with each entity is limited to its direct ownership interest in the entity. ProAssurance has no arrangements with any of the entities to provide other financial support to or on behalf of the entity. At December 31, 2015, ProAssurance’s maximum loss exposure relative to these investments was limited to the carrying value of ProAssurance’s investment in the VIE.

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