Employers’ Q3 CR weakens 2.9 points to 98.1%, gross premiums up 16%
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Employers’ Q3 CR weakens 2.9 points to 98.1%, gross premiums up 16%

Giovanna Bellotti Azevedo
November 01, 2021
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Workers’ compensation specialist Employers increased its combined ratio by 2.9 points in the third quarter following an 18% increase in losses and loss-adjustment expenses and no prior-year loss reserve development.

The Reno, Nevada-based company reported operating income of $0.41 a share, lower than the $0.48 in earnings a year ago.

Underwriting

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Giovanna Bellotti Azevedo
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