Removes the word "adjusted" from overview and headline

Overview

• Employers Holdings Q2 rev decreases 2% yr/yr, net premiums earned up 6%

• EPS excluding LPT beats analysts' expectations

• Co returns $31.4 mln to shareholders via dividends and share repurchases

Outlook

• Company plans full actuarial study in Q3 2025 to assess claim trends

• Employers Holdings focuses on profitability over growth in future quarters

• Company sees increased uncertainty due to rise in cumulative trauma claims

• Employers Holdings reallocates reserves due to recent claim trends

Result Drivers

• PREMIUMS MIX - Gross premiums written decreased due to reductions in middle market new business, while smaller policy size bands grew

• CLAIMS IMPACT - Loss and loss adjustment expenses rose due to increased cumulative trauma claims in California, affecting reserve allocations

• EXPENSE RATIO - Commission and underwriting expense ratios improved due to lower agency incentive accruals and increased automation

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the property & casualty insurance peer group is "buy."

• Wall Street's median 12-month price target for Employers Holdings Inc is $55.50, about 16.8% above its July 29 closing price of $46.18

• The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nGNX7HwcZP

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)