(Removes the word "adjusted" from overview and headline)

Overview

* Employers Holdings ( EIG ) 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 ( EIG ) focuses on profitability over growth in future quarters

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

* Employers Holdings ( EIG ) 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

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $203.30

Revenue mln

Q2 EPS Beat $1.16 $0.99 (4

ex LPT Analysts

)

Q2 EPS $1.23

Q2 Net Beat $28 mln $23.40

Income mln (2

Ex LPT Analysts

)

Q2 Net $29.70

Income mln

Q2 $37 mln

Pretax

Profit

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 ( EIG ) 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:

(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.)