27551 is a member of OEIS A096342: primes of the form p*q + p + q, where p and q are two successive primes, here p=163 and q=167.
The sequence can be generated as follows (permalink):
INPUT
L=[]
for p in prime_range(200):
number=p*next_prime(p)+ p + next_prime(p)
if number <40000 and is_prime(number):
L.append(number)
if number==27551:
print(p,next_prime(p))
print(L)
OUTPUT
163 167
[11, 23, 47, 167, 251, 359, 479, 719, 1847, 2111, 2591, 3719, 6719, 7559, 8819, 10607, 12539, 14591, 19319, 27551, 29231, 31319]
27551 is a Sophie Germain prime.
27551 is a distance of 30 from the next prime (27581) that is also a Sophie Germain prime.
27551 has a product of digits of 350 and 27551 + 350 = 27901 which is a prime number
27551 can be rendered as a digit equation as follows:
2 + 7 = 5 + 5 - 1