Employers’ CR improves 5.6 points to 93.9% on higher releases
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Employers’ CR improves 5.6 points to 93.9% on higher releases

James Thaler
April 22, 2021
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Employers logo Reno Nevada without bar.jpg

Workers’ comp specialist Employers lowered its combined ratio by 5.6 points in the first quarter, helped by higher reserve releases and stronger underlying underwriting margin, as gross written premiums fell 20% for the fourth straight quarter.

The Reno, Nevada-based company reported operating income of $0.51 a share, higher than the $0.35 in earnings a year ago.

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Topics

NewsResultsWorkers' compensationEarnings
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James Thaler
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