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Earnings Call Summary | Employers(EIG.US) Q1 2024 Earnings Conference

Earnings Call Summary | Employers(EIG.US) Q1 2024 Earnings Conference

财报电话会议摘要 | 雇主 (EIG.US) 2024 年第一季度财报会议
moomoo AI ·  04/26 20:20  · 电话会议

The following is a summary of the Employers Holdings, Inc. (EIG) Q1 2024 Earnings Call Transcript:

以下是雇主控股公司(EIG)2024年第一季度财报电话会议记录摘要:

Financial Performance:

财务业绩:

  • Employers Holdings reported an 8% increase in Q1 revenue, primarily due to higher new and renewal premiums, strong net investment income, and investment gains.

  • Written premiums saw a growth of 14% across all major channels, significantly contributing to the company's revenues.

  • Gross premiums amounted to $211 million, a raise of 8%.

  • The company reported a growth in net income with a 29% increase, and adjusted net income per diluted share by 12%.

  • 雇主控股公司报告称,第一季度收入增长了8%,这主要是由于新保费和续保费的增加、强劲的净投资收入和投资收益。

  • 所有主要渠道的书面保费均增长了14%,为公司的收入做出了重大贡献。

  • 总保费为2.11亿美元,增长了8%。

  • 该公司报告净收入增长了29%,调整后的摊薄后每股净收益增长了12%。

Business Progress:

业务进展:

  • The company reported a substantial rise of 38% in new business and 6% in renewal business.

  • Successful integration of Cerity improved underwriting and expense ratios.

  • A new digitized claim reporting tool was launched in Q1 2024, receiving positive response from both agents and policyholders.

  • The company plans to introduce more self-service options and expand its appetite in 2024.

  • The company looks forward to continuing growth backed by a robust capital position.

  • 该公司报告称,新业务大幅增长38%,续订业务大幅增长6%。

  • Cerity的成功整合提高了承保和支出比率。

  • 新的数字化索赔报告工具于2024年第一季度推出,得到了代理人和保单持有人的积极回应。

  • 该公司计划在2024年推出更多自助服务选项并扩大其胃口。

  • 该公司期待在强劲的资本状况的支持下持续增长。

More details: Employers IR

更多详情: 雇主 IR

Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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