Employers Holdings, Inc.
For the period ended Jun 30, 2025. Filed Aug 1, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 1, 2025
EIG$47.56+0.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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PART 1 – FINANCIAL INFORMATION Item 1 Consolidated Financial Statements
PART I –FINANCIAL INFORMATION
Item 1. Consolidated Financial Statements
| Employers Holdings, Inc. and Subsidiaries | ||
|---|---|---|
| Consolidated Balance Sheets | ||
| (in millions, except share data) | ||
| As of | As of | |
| June 30,2025 | December 31,2024 | |
| Assets · (unaudited) | ||
| Investments: | ||
| Fixed maturity securities at fair value (amortized cost $2,145.5 at June 30, 2025 and $2,203.1 at December 31, 2024, less CECL allowance of $1.1 at June 30, 2025 and $1.1 at December 31, 2024) | $2,077.0 | $2,097.4 |
| Equity securities at fair value (cost $148.0 at June 30, 2025 and $145.0 at December 31, 2024) | 268.1 | 254.1 |
| Equity securities at cost | 7.5 | 5.7 |
| Other invested assets (cost $85.9 at June 30, 2025 and $90.9 at December 31, 2024) | 98.6 | 106.6 |
| Short-term investments at fair value (amortized cost $9.0 at June 30, 2025 and $0.1 at December 31, 2024) | 9.0 | 0.1 |
| Total investments | 2,460.2 | 2,463.9 |
| Cash and cash equivalents | 69.1 | 68.3 |
| Restricted cash and cash equivalents | 0.2 | 0.2 |
| Accrued investment income | 15.7 | 15.7 |
| Premiums receivable (less CECL allowance of $22.4 at June 30, 2025 and $19.2 at December 31, 2024) | 382.0 | 361.3 |
| Reinsurance recoverable for: | ||
| Paid losses | 7.1 | 6.3 |
| Unpaid losses (less CECL allowance of $0.8 at June 30, 2025 and $0.9 at December 31, 2024) | 400.2 | 411.5 |
| Deferred policy acquisition costs | 64.0 | 59.6 |
| Deferred income tax asset, net | 29.4 | 38.3 |
| Property and equipment, net | 7.7 | 7.8 |
| Operating lease right-of-use assets | 3.0 | 3.7 |
| Intangible assets, net | 13.6 | 13.6 |
| Goodwill | 36.2 | 36.2 |
| Cloud computing arrangements | 13.7 | 17.3 |
| Other assets | 41.2 | 37.6 |
| Total assets | $3,543.3 | $3,541.3 |
| Liabilities and stockholders’ equity | ||
| Unpaid losses and loss adjustment expenses | $1,786.8 | $1,808.2 |
| Unearned premiums | 429.6 | 402.2 |
| Commissions and premium taxes payable | 62.8 | 65.8 |
| Accounts payable and accrued expenses | 17.0 | 21.2 |
| Deferred reinsurance gain—LPT Agreement | 90.7 | 94.0 |
| Operating lease liability | 3.4 | 4.2 |
| Non-cancellable obligations | 9.9 | 13.8 |
| Other liabilities | 60.0 | 63.2 |
| Total liabilities | $2,460.2 | $2,472.6 |
| Commitments and contingencies (Notes 3 and 6) | ||
| Employers Holdings, Inc. and Subsidiaries | ||
|---|---|---|
| Consolidated Balance Sheets | ||
| (in millions, except share data) | ||
| As of | As of | |
| June 30,2025 | December 31,2024 | |
| Stockholders’ equity: · (unaudited) | ||
| Common stock, $0.01 par value; 150,000,000 shares authorized; 58,257,209 and 58,184,861 shares issued and 23,740,953 and 24,556,706 shares outstanding at June 30, 2025 and December 31, 2024, respectively | $0.6 | $0.6 |
| Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued | — | — |
| Additional paid-in capital | 425.7 | 424.2 |
| Retained earnings | 1,500.2 | 1,472.9 |
| Accumulated other comprehensive loss, net of tax | (53.2) | (82.5) |
| Treasury stock, at cost (34,516,256 shares at June 30, 2025 and 33,628,155 shares at December 31, 2024) | (790.2) | (746.5) |
| Total stockholders’ equity | 1,083.1 | 1,068.7 |
| Total liabilities and stockholders’ equity | $3,543.3 | $3,541.3 |
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