Quarterly ResultOct 28, 2026, 04:23 PM
Employers Holdings Q3 Net Income $11.6M vs. Loss $8.3M; Dividend $0.34
AI Summary
Employers Holdings, Inc. reported a significant turnaround in its third quarter 2026 results, with net income of $11.6 million ($0.64 per diluted share) compared to a net loss of $8.3 million ($(0.36) per diluted share) in the prior year. This improvement was driven by a lower loss and LAE ratio (71.2% vs. 97.1%) and the absence of prior-year reserve strengthening. While gross premiums written and net premiums earned decreased due to pricing and underwriting actions, net investment income rose by 24% to $32.3 million. The company also declared a regular quarterly dividend of $0.34 per share.
Key Highlights
- Net income of $11.6 million ($0.64 per diluted share) for Q3 2026, compared to a net loss of $8.3 million ($(0.36) per diluted share) in Q3 2025.
- Adjusted net income of $12.8 million ($0.71 per diluted share) for Q3 2026, compared to $(25.5) million ($(1.10) per diluted share) in Q3 2025.
- Gross premiums written decreased 18% to $151.1 million in Q3 2026 from $183.9 million in Q3 2025.
- Net premiums earned decreased 17% to $160.2 million in Q3 2026 from $192.1 million in Q3 2025.
- Loss and LAE ratio improved to 71.2% in Q3 2026 from 97.1% in Q3 2025.
- Net investment income increased 24% to $32.3 million in Q3 2026 from $26.1 million in Q3 2025.
- Book value per share including Deferred Gain increased 2.1% year-over-year to $49.44.
- Declared a regular quarterly dividend of $0.34 per share, payable December 3, 2026.
Price Impact
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