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

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

業績電話會議摘要 | 僱主 (EIG.US) 2024 年第一季度業績會議
moomoo AI ·  04/26 20:20  · 電話會議

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

以下是僱主控股公司(EIG)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • 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%.

  • 僱主控股公司報告稱,第一季度收入增長了8%,這主要是由於新保費和續保費的增加、強勁的淨投資收入和投資收益。

  • 所有主要渠道的書面保費均增長了14%,爲公司的收入做出了重大貢獻。

  • 總保費爲2.11億美元,增長了8%。

  • 該公司報告淨收入增長了29%,調整後的攤薄後每股淨收益增長了12%。

Business Progress:

業務進展:

  • 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.

  • 該公司報告稱,新業務大幅增長38%,續訂業務大幅增長6%。

  • Cerity的成功整合提高了承保和支出比率。

  • 新的數字化索賠報告工具於2024年第一季度推出,得到了代理人和保單持有人的積極回應。

  • 該公司計劃在2024年推出更多自助服務選項並擴大其胃口。

  • 該公司期待在強勁的資本狀況的支持下持續增長。

More details: Employers IR

更多詳情: 僱主 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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