secwatch.observer — SEC 8-K summary
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Issuer:     Employers Holdings, Inc. (EIG)
CIK:        0001379041
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001379041-24-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Employers Holdings reports FY2023 net income $118.1M ($4.45 EPS) vs $48.4M; declares $0.28 dividend
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- FY2023 net income $118.1M ($4.45 EPS) vs $48.4M; adjusted net income $101.7M ($3.83) vs $81.0M.
- Gross premiums written $767.7M (+7.5%); net earned $721.9M (+6.9%); GAAP combined ratio 95.0% (ex-LPT 96.0%) vs 96.9%.
- Net investment income $106.5M, up 19% YoY; net favorable prior year loss reserve development $44.9M vs $33.5M.
- Adjusted book value per share $47.26, up 10.5% including dividends; Cerity integration completed, expects expense savings.
- Declared Q1 dividend $0.28/share payable March 13; repurchased 523,407 shares at avg ~$38.80; remaining auth $16.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1379041/000137904124000026/0001379041-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1379041/000137904124000026/eig-20240215.htm
  HTML page:      https://secwatch.observer/filing/0001379041-24-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer