Employers Holdings (EIG) Company Report

Employers Holdings increased prior year loss and LAE reserves by $38.2 million and the accident year 2025 loss and LAE ratio from 69% to 72%, primarily due to increased frequency of California cumulative trauma claims.
For Q3 2025, gross written premium increased by 1.4% to $183.9 million, and net premiums earned rose 3% to $192.1 million compared to the prior year. The company reported an adjusted net loss of $25.5 million for the quarter, compared to an adjusted net income of $20.2 million a year ago.
The company announced a $125 million debt-funded recapitalization plan and a $125 million increase to its share repurchase authorization, expanding the total authority to $250 million. During the quarter, $45.2 million in common stock was repurchased at an average price of $43.09 per share.
EIG is expanding its product offerings by building out a new excess workers' compensation offering, with plans to start accepting submissions in early 2026.

Oct 31, 2025, 3:00 PM

Employers Holdings Reports Q3 2025 Adjusted Net Loss Amid Reserve Strengthening and Announces Recapitalization Plan

EIG

Earnings

Share Buyback

Debt Issuance

Employers Holdings (EIG) reported a Q3 2025 adjusted net loss of $25.5 million, a significant decline from the prior year's adjusted net income, primarily due to a $38.2 million increase in prior year reserves and an increase in the accident year 2025 loss and LAE ratio from 69% to 72%, driven by rising California cumulative trauma claims.
Gross written premium increased by 1.4% to $183.9 million and net premiums earned by 3% to $192.1 million in Q3 2025, while the underwriting expense ratio significantly decreased to 20.6%.
The company announced a $125 million debt-funded recapitalization plan and a $125 million increase to its share repurchase authorization, expanding the total to $250 million, and declared a Q4 2025 quarterly dividend of $0.32 per share.

Oct 31, 2025, 3:00 PM

Employers Holdings, Inc. Reports Q3 2025 Results, Announces Recapitalization Plan and New Product Expansion

EIG

Earnings

Share Buyback

New Projects/Investments

Employers Holdings, Inc. reported an adjusted net loss of $25.5 million for Q3 2025, compared to an adjusted net income of $20.2 million in Q3 2024.
The company increased prior year reserves by $38.2 million and the accident year 2025 loss and LAE ratio from 69% to 72%, primarily due to the increased frequency of California cumulative trauma claims.
Gross written premium increased 1.4% compared to 2024, and net premiums earned rose 3% to $192.1 million.
A $125 million debt-funded recapitalization plan was announced, increasing the existing share repurchase authorization by $125 million to a total of $250 million.
EIG declared a Q4 2025 quarterly dividend of $0.32 per share and plans to launch a new excess workers' compensation offering in early 2026.

Oct 31, 2025, 3:00 PM

Employers Holdings, Inc. Reports Q3 2025 Results and Announces Capital Actions

EIG

Earnings

Dividends

Share Buyback

Employers Holdings, Inc. reported a net loss of $8.3 million and an adjusted net loss of $25.5 million for Q3 2025, resulting in an earnings loss per diluted share of ($0.36) and an adjusted earnings loss per diluted share of ($1.10).
Gross premiums written increased 1% to $183.9 million and net premiums earned increased 3% to $192.1 million in Q3 2025.
Following an off-cycle loss reserve review, the company strengthened prior accident year loss and LAE reserves by $38.2 million and increased its accident year 2025 loss and LAE ratio to 72.0%, leading to a combined ratio excluding LPT of 130.4% for Q3 2025.
The Board of Directors declared a regular quarterly dividend of $0.32 per share and approved a $125.0 million debt-funded recapitalization plan, which includes a $125.0 million increase to the existing share repurchase authorization, expanding the total to $250.0 million.

Oct 30, 2025, 8:24 PM

Employers Holdings Reports Q3 2025 Net Loss and Announces Recapitalization Plan

EIG

Earnings

Dividends

Share Buyback

Employers Holdings, Inc. reported a net loss of $8.3 million, or $0.36 per common share, and an adjusted net loss of $25.5 million, or $1.10 per common share, for the third quarter ended September 30, 2025.
Gross premiums written increased 1% to $183.9 million, and net premiums earned increased 3% to $192.1 million in Q3 2025. However, the loss and loss adjustment expenses ratio significantly increased from 63.1% to 97.1%, resulting in a GAAP combined ratio of 129.7% compared to 100.4% in the prior year period.
The Board of Directors approved a $125.0 million debt-funded recapitalization plan and increased the existing share repurchase authorization by $125.0 million, expanding the aggregate authority to $250.0 million.
The company declared a regular quarterly dividend of $0.32 per share and returned $52.7 million to stockholders in Q3 2025 through share repurchases and dividends.