Employers CoR narrows by 6.4 points to 92.4%, driven by favorable development

July 28, 2022

Workers' compensation specialist Employers Holdings’ second-quarter operating profit nearly doubled as the company wrote more new business in both its traditional and digital segments and recorded significant favorable loss reserve development.

The company posted adjusted net income of $21.9mn, or $0.79 per share, versus $11.8mn, or $0.41 per share, last year.

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