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Employers Holdings EIG Insurance Operations — Combined Ratio

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Other financials

Income statement

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Revenue$207.6M+2.5%
Net income$10.2M-20.3%
EPS (diluted)$0.520.0%

Balance sheet

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Cash & equivalents$153.1M+52.5%
Total debt$128.8M+3,289%
Total equity$866.5M-19.4%
Total assets$3.4B-3.4%

Cash flow

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Operating cash flow$2.2M-84.9%
CapEx$900.0K+80.0%
Free cash flow$1.3M-90.8%

Valuation

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Market cap$885.15M-20.9%
Enterprise value$860.85M-15.8%
P/E19.9×+9.0×
P/S-0.3×

Profitability

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Net margin6.9%-8.4pp
FCF margin3.8%-6.8pp

Returns & leverage

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Return on equity5.9%
Debt / equity0.1×+0.1×

Where this comes from

Reported directly by Employers Holdings in its filing.

Tagged under the XBRL concept us-gaap:CombinedRatio.

The official record: Employers Holdings’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Employers Holdings's insurance operations — combined ratio?
Employers Holdings (EIG) reported insurance operations — combined ratio of 107.1% in Q1 2026.
How has Employers Holdings's insurance operations — combined ratio changed year-over-year?
Employers Holdings's insurance operations — combined ratio increased by 5.0% year-over-year, from 102% to 107.1%.
What does insurance operations — combined ratio mean?
This is a fundamental insurance industry metric that measures underwriting profitability by comparing the sum of claims, loss adjustment expenses, and underwriting expenses to earned premiums. A ratio below 100% indicates an underwriting profit, while a ratio above 100% indicates an underwriting loss.