Employers Holdings (EIG) Reports In-Line Q1 EPS

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Go back to Employers Holdings (EIG) Reports In-Line Q1 EPS

Employers Holdings, Inc. Reports First Quarter 2016 Net Income of $0.64, Net Income Excluding the Impact of the LPT of $0.54 and Operating Income per Diluted Share of $0.52

April 27, 2016 4:45 PM EDT

First Quarter Return on Equity of 10.7% and Operating Return on Equity of 7.8%

First quarter net income, net income excluding the impact of the LPT and operating income of $21.0 million, $17.9 million and $17.0 million, respectively. First quarter combined ratio and combined ratio excluding the impact of the LPT of 95.0% and 96.8%, respectively, an improvement of 4.6 and 4.8 percentage points, year over year, respectively. First quarter net written premiums of $188.7 million, an increase of $16.8 million year-over-year. Book value per share of $30.48 and adjusted book value per share of $27.30 increased 6% and 9%, respectively,... More