Employers Holdings Reports Mixed Q1 2025 Results

Employers Holdings ( (EIG) ) has released its Q1 earnings. Here is a breakdown of the information Employers Holdings presented to its investors.

Employers Holdings, Inc. is a specialty provider of workers’ compensation insurance and services, focusing on small and mid-sized businesses in low-to-medium hazard industries across the United States. The company leverages over a century of experience to offer comprehensive coverage solutions, ensuring safer work environments through exceptional claims management and risk management services.

In its first quarter of 2025, Employers Holdings reported a mixed set of financial results. While net income per diluted share saw a significant decline of 53% compared to the previous year, adjusted net income per diluted share increased by 30%. The company also declared an increase in its regular quarterly dividend to $0.32 per share and announced a new share repurchase authorization of $125 million.

Key financial highlights include a modest 1% increase in gross premiums written, while net premiums earned slightly decreased by 1%. The underwriting expense ratio improved to 23.4% from 25.0%, and net investment income rose by 20%, primarily due to returns from investments in limited partnerships. The company also achieved a record number of ending policies in-force, marking a 4% increase year-over-year.

Looking ahead, Employers Holdings remains confident in its future operations, supported by a strong balance sheet and abundant underwriting capital. The company plans to refine its underwriting and pricing approach to maintain profitability and return to moderate new business growth. The expansion of its appetite for profitable growth areas is expected to continue, with an emphasis on maintaining underwriting discipline.