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Stock impact report

Employers Holdings, Inc. Reports Third Quarter 2024 Results and Declares Regular Quarterly Dividend of $0.30 per Share

Employers Holdings Inc (EIG) 
Last employers holdings inc earnings: 4/23 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.eig.com/investor-relations
Company Research Source: GlobeNewswire
RENO, Nev., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Employers Holdings, Inc. (the “Company”) (NYSE:EIG), a holding company with subsidiaries that are specialty providers of workers’ compensation insurance and services focused on small and mid-sized businesses engaged in low-to-medium hazard industries, today reported financial results for its third quarter ended September 30, 2024. Financial Highlights:(All comparisons vs. the third quarter of 2023). Net income per diluted share increased by 124%, from $0.54 to $1.21,Adjusted net income per diluted share increased 19%, from $0.68 to $0.81,Gross premiums written decreased 8%, from $196.2 million to $181.2 million,Net premiums earned increased 1%, from $184.6 million to $186.6 million,Underwriting and general and administrative expense ratio of 23.2%, versus 23.6%,GAAP combined ratio of 100.4% (101.2% excluding LPT), versus 100.3% (101.3% excluding LPT),Net investment income increased 3%, from $25.9 million to $26.6 million, andRe Show less Read more
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