Employers reported FY 2025 net income of USD 10.8 million and adjusted net income of USD 21.8 million, with gross premiums written of USD 756.1 million and net premiums earned of USD 761.9 million. The GAAP combined ratio was 110.9% (111.7% excluding the LPT), while net investment income rose 9% to USD 116.7 million and net realized and unrealized investment losses were USD 20.4 million. Book value per share including the Deferred Gain was USD 51.31 and adjusted book value per share was USD 50.95; the company returned USD 215.4 million to stockholders via share repurchases and dividends. In Q4 2025, Employers posted a net loss of USD 23.4 million and adjusted net income of USD 14.5 million, on gross premiums written of USD 156.8 million and net premiums earned of USD 188.5 million. The GAAP combined ratio was 106.1% (106.8% excluding the LPT); net investment income increased 18% to USD 31.4 million, while net realized and unrealized investment losses were USD 49.7 million, which the company said primarily reflected a portfolio rebalancing to reduce equity concentration and lift book yield by a net 40 basis points. The company cited higher California cumulative trauma claim frequency as a key driver of a higher loss and LAE ratio, and said its Q4 2025 actuarial review required no additional reserve strengthening; an independent actuarial firm also concluded carried reserves were within a reasonable range. Employers said it launched a new excess workers’ compensation product developed internally using AI, completed its USD 125.0 million recapitalization plan in January 2026, and declared a USD 0.32 per share quarterly dividend payable March 18, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Employers Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9657983-en) on February 19, 2026, and is solely responsible for the information contained therein.