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Stock impact report

Employers Holdings, Inc. Reports First Quarter 2020 Results; Declares Second Quarter 2020 Cash Dividend of $0.25 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: Business Wire
Company to Host Conference Call on Friday, April 24, 2020, at 11:30 a.m. Eastern Daylight Time RENO, Nevada--(BUSINESS WIRE)--Employers Holdings, Inc. (the “Company”) (NYSE:EIG), a holding company with subsidiaries that are specialty providers of workers' compensation insurance and services focused on select, small businesses engaged in low-to-medium hazard industries, today reported financial results for its first quarter ended March 31, 2020.Financial HighlightsNet loss of $34.9 million ($1.14 per share);Adjusted net income of $11.0 million ($0.35 per diluted share);Net realized and unrealized losses on investments of $61.1 million, largely driven by unrealized losses in the fair value of equity securities and other investments;Net investment income of $19.9 million, down 9% year-over-year;Net premiums earned of $167.9 million, down 4% year-over-year;Favorable prior year loss reserve development of $3.5 million, compared to $22.2 million a year ago;The Company repurchased 1,143,5 Show less Read more
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