89% of companies worldwide report that trade uncertainty impacted their immediate hiring decisions in April, though most plan for steady hiring in Q3 Employers in Asia Pacific (29%) lead regional hiring intentions, followed by the Americas (27%), and Europe and the Middle East (19%) Information Technology maintains strongest sector Outlook at 36%, followed by Financials & Real Estate (28%), and Industrials & Materials (26%) Companies that are investing the most in technology report more optimistic hiring p ...

Human approach to benefits education directly linked to improved understandingof workplace benefitsCARMEL, Ind., June 3, 2025 /PRNewswire/ -- Optavise, a leading provider of employee benefits services, offering personalized expert guidance backed by technology, today released its 2025 Healthcare Literacy Report. The report highlights the growing impact of person-to-person education in improving how employees understand and use their benefits, based on a survey of 2,041 U.S. workers with employer-sponsored h ...

Shares of Employers Holdings, Inc. (EIG) have risen 4.2% since the company reported first-quarter 2025 results on May 1. The better-than-expected quarterly earnings benefited from the retention of renewal business, an increased record number of policies in force and improved investment returns. However, the upside was partly offset by a slight decline in net premiums, as well as elevated losses and loss adjustment expenses that pressured profitability.EIG reported first-quarter adjusted earnings per share ( ...

Financial Performance - Total revenues for Q1 2025 were $202.6 million, a decrease of 9.5% from $223.1 million in Q1 2024[14] - Net income for Q1 2025 was $12.8 million, a significant drop of 54.7% compared to $28.3 million in Q1 2024[14] - Net premiums earned decreased to $183.0 million in Q1 2025, down from $184.9 million in Q1 2024, reflecting a decline of 1.0%[14] - Total expenses for the three months ended March 31, 2025, were $186.7 million, compared to $187.8 million for the same period in 2024, showing a slight decrease of 0.6%[103][104] - Net income for the three months ended March 31, 2025, was $12.8 million, a decrease of 54.8% compared to $28.3 million for the same period in 2024[21] - The combined ratio for the Insurance Operations segment was 102.0% for Q1 2025, compared to 101.6% for Q1 2024, indicating a slight deterioration in underwriting performance[103][104] Assets and Liabilities - Total assets increased to $3,556.9 million as of March 31, 2025, compared to $3,541.3 million as of December 31, 2024, representing a growth of 0.4%[12] - Total liabilities rose to $2,481.2 million as of March 31, 2025, up from $2,472.6 million at the end of 2024, indicating a 0.3% increase[12] - The total stockholders' equity increased to $1,075.7 million as of March 31, 2025, from $1,068.7 million at the end of 2024, a rise of 0.8%[12] Cash and Investments - Cash and cash equivalents increased to $100.4 million as of March 31, 2025, compared to $68.3 million as of December 31, 2024, reflecting a growth of 47.0%[12] - The company reported a net cash provided by investing activities of $46.1 million, a turnaround from a net cash used of $97.7 million in the previous year[21] - Total cash, cash equivalents, and restricted cash at the end of the period was $100.6 million, up from $68.5 million at the beginning of the period[22] - The investment portfolio as of March 31, 2025, had a total fair value of $2,335.9 million, with a weighted average book yield of 4.5%[186] - The fixed maturity securities portfolio had a weighted average quality rating of "A+" as of March 31, 2025[182] Losses and Expenses - Losses and loss adjustment expenses for Q1 2025 were $120.7 million, up from $116.5 million in Q1 2024, marking an increase of 2.9%[14] - Total net losses and LAE incurred during the three months ended March 31, 2025, were $122.3 million, compared to $118.6 million for the same period in 2024[78] - Current accident year losses and LAE increased to $121.0 million for the three months ended March 31, 2025, compared to $118.7 million for the same period in 2024, reflecting a rise in loss trends[133] Dividends and Stockholder Equity - The company declared cash dividends of $0.30 per common share in Q1 2025, compared to $0.28 in Q1 2024, representing a 7.1% increase[14] - The adjusted stockholders' equity as of March 31, 2025, was $1,228.8 million, compared to $1,213.0 million as of March 31, 2024, indicating a growth of 1.3%[103][104] Investment Gains and Losses - The company reported unrealized AFS investment gains of $21.1 million for Q1 2025, compared to losses of $11.6 million in Q1 2024[14] - The company recorded net realized and unrealized gains on investments of $12.8 million, contrasting with losses of $11.4 million in the prior year[21] - The company reported unrealized gains of $16.7 million and unrealized losses of $93.6 million on its available-for-sale investments as of March 31, 2025[48] Operational Metrics - Gross premiums written for the Insurance Operations segment increased to $212.1 million in Q1 2025, up from $210.9 million in Q1 2024, representing a growth of 0.6%[103][104] - The number of in-force policies increased to 133,121 as of March 31, 2025, compared to 130,767 at December 31, 2024[122] - The company continues to invest in technology to enhance data analytic capabilities and reduce operating costs over the long term[115] Tax and Regulatory - The effective tax rate for the three months ending March 31, 2025, was 19.5%, compared to 19.8% for the same period in 2024[75] - Income tax expense decreased to $3.1 million in Q1 2025 from $7.0 million in Q1 2024, with effective tax rates of 19.5% and 19.8%, respectively[149] Share Repurchase and Commitments - The company repurchased 406,101 shares for $20.2 million during Q1 2025[173] - As of March 31, 2025, the company had unfunded investment commitments totaling $14.0 million[177]

Employers Holdings (EIG) Q1 2025 Earnings Call May 02, 2025 11:00 AM ET Company Participants Lori Brown - Executive VP, Chief Legal Officer, General Counsel & Corporate SecretaryKatherine Antonello - President & CEOMichael Paquette - Executive VP & CFO Conference Call Participants Mark Hughes - Analyst Operator and thank you for standing by. Welcome to the First Quarter twenty twenty five Employers Holdings Earnings Conference Call. At this time, all participants are in a listen only mode. After the speaker ...

Employers Holdings (EIG) Q1 2025 Earnings Call May 02, 2025 11:00 AM ET Company Participants Lori Brown - Executive VP, Chief Legal Officer, General Counsel & Corporate SecretaryKatherine Antonello - President & CEOMichael Paquette - Executive VP & CFO Conference Call Participants Mark Hughes - Analyst Operator and thank you for standing by. Welcome to the First Quarter twenty twenty five Employers Holdings Earnings Conference Call. At this time, all participants are in a listen only mode. After the speaker ...

Financial Data and Key Metrics Changes - The net premium earned was relatively flat compared to 2024, driven by higher renewal premiums offset by lower new business and audit premiums [6][10] - Gross premiums written increased by 1% to $212 million, while net premiums earned decreased by 1% to $183 million [9][10] - The current accident year loss and LAE ratio on voluntary business increased to 66% from 64% in 2024 [7][10] - Net investment income rose by 20% to $32 million, the highest in the company's history as a publicly traded entity [7][12] - Quarterly net income was $12.8 million, impacted by $9 million of net after-tax unrealized investment losses [12] - Adjusted net income increased by 24% to $21.3 million from $17.2 million a year ago [13] Business Line Data and Key Metrics Changes - The underwriting expense ratio improved to 23.4% from 25% a year ago, attributed to reductions in bad debt and compensation-related expenses [8][11] - Commission expense decreased to $23 million from $25 million, with a commission expense ratio of 12.6% compared to 13.6% [11] Market Data and Key Metrics Changes - The company ended the period with a record number of policies in force, achieving a year-over-year growth rate of 4% [7] - The overall selection of the current accident year loss ratio of 66% is below the industry average, which has been in the range of 69% to 70% in recent years [24] Company Strategy and Development Direction - The company continues to prioritize profitability over growth, refining its underwriting and pricing approach to maintain discipline while returning to moderate new business growth levels [15] - The appetite expansion effort is ongoing, identifying areas for profitable growth [15] - The company is monitoring potential impacts from tariff discussions and the cost of prescription drugs and medical services [15] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the ability to maintain a strong customer base amid potential recessionary headwinds, citing deep relationships with customers and agents [15] - The company has not experienced negative impacts from macroeconomic conditions but is closely monitoring the situation [15] Other Important Information - The Board of Directors authorized a new stock repurchase program for up to $125 million over a 20-month period [13] - A 7% increase in the quarterly dividend to $0.32 per share was declared, payable on May 28 [14] Q&A Session Summary Question: Can you discuss specifics regarding loss trends and the competitive rate environment? - Management noted the increase in the accident year GLOF and LAE ratio from 64% to 66% is due to competitive rate pressures and a rise in cumulative trauma claims in California [22][24] Question: What about underlying medical inflation and treatment costs? - Management indicated that lost time claim frequencies are generally trending downward, with some variations by state, and overall severity values have held steady [26] Question: Are there macroeconomic contributions to cumulative trauma claims? - Management stated that there is no identifiable macroeconomic cause for the increase in cumulative trauma claims, which are primarily a California phenomenon [30] Question: What are the expectations for the NCCI's state of the line report? - Management anticipates that reserve redundancies in the industry are still significant but may be reducing less, with internal rates showing flat year-over-year results [35]

Employers Holdings (EIG) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26.09%. A quarter ago, it was expected that this provider of workers-compensation insurance would post earnings of $1.08 per share when it actually produced earnings of $1.15, delivering a surprise of 6.48%.Over ...

E x h i b i t 9 9 . 2 E m p l o y e r s H o l d i n g s , I n c . F i r s t Q u a r t e r 2 0 2 5 F i n a n c i a l S up p l e m e n t EMPLOYERS HOLDINGS, INC. Table of Contents Page | 1 | Consolidated Financial Highlights | | --- | --- | | 2 | Summary Consolidated Balance Sheets | | 3 | Summary Consolidated Income Statements | | 4 | Return on Equity | | 5 | Combined Ratios | | 6 | Roll-forward of Unpaid Losses and LAE | | 7 | Consolidated Investment Portfolio | | 8 | Book Value Per Share | | 9 | Earnings P ...

Company to Host Conference Call on Friday, May 2, 2025, at 11:00 a.m. Eastern Daylight TimeRENO, Nev., May 01, 2025 (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 first quarter ended March 31, 2025. Financial Highlights:(All comparisons vs. the f ...