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Employers Holdings EIG Deferred Policy Acquisition Costs, Amortization Expense

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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$888.87M-8.6%
Enterprise value$864.57M-4.6%
P/E20×+9.0×
P/S-0.1×

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:DeferredPolicyAcquisitionCostAmortizationExpense.

The source filing: Employers Holdings’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 4:53 PM EST
Fiscal year
FY2025
Accession
0001379041-26-000011

Policy acquisition costs, those costs that relate directly to the successful acquisition of new or renewal insurance contracts, including underwriting, policy issuance and processing, medical and inspection, sales force contract selling and commissions are deferred and amortized as the related premiums are earned. Amortization of deferred policy acquisition costs for the years ended December 31, 2025, 2024, and 2023, was $123.2 million, $119.6 million, and $113.8 million, respectively.

Item 8. Financial Statements and Supplementary Data

FAQ

What is Employers Holdings's deferred policy acquisition costs, amortization expense?
Employers Holdings (EIG) reported deferred policy acquisition costs, amortization expense of $30.8M in Q4 2025.
How has Employers Holdings's deferred policy acquisition costs, amortization expense changed year-over-year?
Employers Holdings's deferred policy acquisition costs, amortization expense increased by 3.0% year-over-year, from $29.9M to $30.8M.
What is the long-term trend for Employers Holdings's deferred policy acquisition costs, amortization expense?
Over 4 years (2021 to 2025), Employers Holdings's deferred policy acquisition costs, amortization expense has grown at a 7.5% compound annual growth rate (CAGR), from $92.2M to $123.2M.
What does deferred policy acquisition costs, amortization expense mean?
The periodic expense recognized from the amortization of costs directly related to the acquisition of new insurance policies, such as commissions and underwriting expenses. This reflects the systematic allocation of acquisition costs over the life of the insurance contracts.

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