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Stock impact report

Employers Holdings, Inc. Reports Fourth Quarter 2023 and Full-Year Financial Results; Declares Quarterly Cash Dividend of $0.28 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
HENDERSON, Nev., Feb. 15, 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 select, small businesses engaged in low-to-medium hazard industries, today reported financial results for its fourth quarter and year ended December 31, 2023. Full-Year 2023 Financial Highlights(All comparisons versus full-year 2022) Net income of $118.1 million ($4.45 per diluted share), versus $48.4 million ($1.75 per diluted share);Adjusted net income of $101.7 million ($3.83 per diluted share), versus $81.0 million ($2.93 per diluted share);Net investment income of $106.5 million, versus $89.8 million;Gross premiums written of $767.7 million, versus $714.2 million;Net premiums earned of $721.9 million, versus $675.2 million;Net favorable prior year loss reserve development of $44.9 million, versus $33.5 million;GAAP combined ratio of 95.0% (96.0% exclud Show less Read more
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