Employers Holdings Inc (N:EIG)

Sector:  Financials Industry:  Property & Casualty Insurance
 
See Regulatory Filings on SEC
Company Contact
Address: 2340 CORPORATE CIRCLE, SUITE 200
HENDERSON NV 89074
Tel: 1-775-3272562
Website: https://www.employers.com
IR: See website
<
Key People
Katherine H. Antonello
President, Chief Executive Officer, Director
Michael S. Paquette
Chief Financial Officer, Executive Vice President
John M. Mutschink
Executive Vice President, Chief Administrative Officer
Lori A. Brown
Executive Vice President, General Counsel, Secretary, Chief Legal Officer
Christopher W. Laws
Executive Vice President, Chief Actuary
 
Business Overview
Employers Holdings, Inc. is a holding company. The Company, through its wholly owned insurance subsidiaries, Employers Insurance Company of Nevada (EICN), Employers Compensation Insurance Company (ECIC), Employers Preferred Insurance Company (EPIC), Employers Assurance Company (EAC), and Cerity Insurance Company (CIC), is engaged in the commercial property and casualty insurance industry, specializing in workers compensation products and services, which are focused on small and select businesses engaged in low-to-medium hazard industries. Workers' compensation provides insurance coverage for the statutorily prescribed benefits that employers are required to provide to their employees who may be injured or suffer illness in the course of employment. Its Insurance Operations segment represents the traditional business offered through its agents, including business originated from the Company's strategic partnerships and alliances and direct-to-customer business.
Financial Overview
For the fiscal year ended 31 December 2023, Employers Holdings Inc revenues increased 19% to $850.9M. Net income increased from $48.4M to $118.1M. Revenues reflect Gross investment income increase of 17% to $110.2M, Investment expenses increase of 21% to -$3.7M. Net income benefited from Commission Expense Ratio -% decrease of 2% to 13.9%. Dividend per share increased from $1.03 to $1.10.
Employees: 717 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $922.27M as of Dec 31, 2023
Annual revenue (TTM): $850.90M as of Dec 31, 2023
EBITDA (TTM): $185.00M as of Dec 31, 2023
Net annual income (TTM): $118.10M as of Dec 31, 2023
Free cash flow (TTM): $17.50M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 25,302,289 as of Feb 20, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.