Call toll-free 1-888-682-6671

Search

News & Forum

 

Community Forum

Employers Holdings Inc Reports Fourth Quarter and Full Year 2008 Earnings Extends Stock Repurchase Program and Announces Dividend

February 25, 2009

RENO, Nev., Feb. 25 -- Employers Holdings, Inc. (“EHI” or the “Company”) (NYSE: EIG) today reported net income for the fourth quarter of 2008 of $15.9 million or $0.32 per share compared with $31.8 million or $0.64 per share in the fourth quarter of 2007. Net income includes amortization of the deferred reinsurance gain related to the Loss Portfolio Transfer (“LPT”) Agreement. Consolidated net income before the impact of the LPT (the Company’s non-GAAP measure described below) was $11.3 million or $0.23 per share in the fourth quarter of 2008 compared with $27.4 million or $0.55 per share in the fourth quarter of 2007.


Please click here to read this complete news release >>

 
CONTACT: 

Media – Ty Vukelich, Vice President, Corporate Marketing, +1-775-327-2677

Analysts – Vicki Erickson, Vice President, Investor Relations, +1-775-327-2794

______________________________________________________________________

Copyright© 2009 EMPLOYERS. All rights reserved. EMPLOYERS® and America's small business insurance specialist® are registered trademarks of Employers Insurance Company of Nevada. EMPLOYERS Preferred Insurance Company and EMPLOYERS Assurance Company are also known as AmCOMP Preferred Insurance Company and AmCOMP Assurance Corporation, respectively.
______________________________________________________________________

0 Comments | Add a Comment

About This Article

About this Article

Archives
Subscribe via RSS Feed

Feedback? Article Ideas?

email us

Learn more about EMPLOYERS

Contact us or Find an Agent

© 2012 EMPLOYERS. All rights reserved.

EMPLOYERS® and America's small business insurance specialist® are registered trademarks of Employers Insurance Company of Nevada. Insurance is offered through Employers Compensation Insurance Company, Employers Insurance Company of Nevada, Employers Preferred Insurance Company, and Employers Assurance Company. Not all insurers do business in all jurisdictions. A forward-looking statements disclaimer is an integral part of this website.