New insider activity at Employers Holdings ( (EIG) ) has taken place on March 1, 2025.
In recent transactions involving Employers Holdings stock, Chief Actuarial and Underwriting Officer Ann Marie Smith sold 1,385 shares, amounting to $70,967. Additionally, Director James Kroner parted with 1,000 shares, generating $51,500 from the sale.
Recent Updates on EIG stock
Employers Holdings has reported its Q4 and full-year 2024 earnings, showcasing significant achievements in premium growth and investment performance, despite facing challenges such as increased loss ratios and reduced favorable prior year loss reserve development. The company achieved record levels of written and earned premiums, with a 3% increase in gross written premium for Q4 and 6% for the full year. Investment income was strong, totaling $27 million for Q4 and $107 million for the year, supported by net unrealized gains. The GAAP combined ratio of 97.9% and a Q4 ratio of 95.5% highlighted solid underwriting performance. However, the company faced a rise in loss and LAE ratios, reflecting challenging conditions. Employers Holdings returned $72 million to shareholders through dividends and share repurchases, and its financial strength rating was upgraded to A by AM Best. Looking forward, the company plans to expand its market presence and continue cost-saving strategies from the Cerity integration, while adapting to market conditions with a focus on disciplined underwriting and risk management.
More about Employers Holdings
YTD Price Performance: 1.37%
Average Trading Volume: 133,199
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.26B