Employers Holdings, Inc.EIG
| Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
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Net income | 48 | 107 | 64 | 101 | 94 | 107 | 101 | 141 | 157 | 120 | 119 | 48 | 118 |
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Depreciation and amortization | 6 | 6 | 6 | 7 | 8 | 9 | 8 | 6 | 9 | 8 | 7 | 5 | 5 |
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Stock-based compensation | 4 | 6 | 6 | 6 | 5 | 6 | 7 | 9 | 10 | 10 | 9 | 5 | 6 |
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Capitalized Computer Software, Amortization | - | - | - | - | - | - | - | - | 5 | 9 | 14 | 16 | 17 |
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Net amortization on investments | -7 | -7 | -9 | -11 | -13 | -15 | -14 | -8 | -9 | -10 | -8 | -3 | -2 |
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Allowance for expected credit losses | -2 | 0 | - | - | 4 | -2 | 0 | -3 | -2 | 7 | -0 | 3 | 5 |
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Deferred income tax expense (benefit) | - | - | - | - | - | - | - | - | -6 | 13 | -7 | 17 | -5 |
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Net realized and unrealized (gains) losses on investments | 20 | 5 | 10 | 16 | -11 | 11 | 7 | -13 | 51 | 19 | 55 | -52 | 23 |
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Asset impairment charges | - | - | - | - | - | - | - | - | - | 1 | 1 | - | - |
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Asset Impairment Charges | - | - | - | - | - | - | - | - | - | - | - | - | 4 |
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Gain (Loss) on Termination of Lease | - | - | - | - | - | - | - | - | - | - | - | - | 1 |
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Premiums receivable | 48 | 63 | 57 | 18 | 10 | 1 | 22 | 3 | -49 | -47 | 12 | 64 | 59 |
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Reinsurance recoverable on paid and unpaid losses | -19 | -137 | -64 | -71 | -44 | -47 | -44 | -33 | -20 | -35 | -20 | -32 | -17 |
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Cloud computing arrangements | - | - | - | - | - | - | - | -26 | -13 | -26 | -8 | -15 | -3 |
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Operating lease right-of-use-assets | - | - | - | - | - | - | - | - | -16 | -2 | 3 | 3 | 6 |
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Current federal income taxes | 2 | 0 | -4 | 7 | -4 | 8 | -3 | 9 | -7 | 22 | -8 | 9 | -7 |
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Unpaid losses and loss adjustment expenses | - | - | - | - | 22 | 47 | -35 | -58 | -63 | -123 | -88 | -20 | -76 |
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Unearned premiums | 45 | 70 | 39 | 7 | -2 | 1 | 8 | 18 | 1 | -38 | 6 | 35 | 40 |
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Accounts payable, accrued expenses and other liabilities | -4 | 3 | -1 | 10 | 9 | -4 | -7 | 19 | -7 | -4 | -2 | 7 | 4 |
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Deferred reinsurance gain–LPT Agreement | 17 | 85 | 32 | 42 | 18 | 15 | 11 | 14 | 13 | 12 | 11 | 8 | 7 |
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Contingent commission receivable–LPT Agreement | - | -15 | -6 | -1 | -3 | -2 | -0 | - | 19 | -0 | -0 | - | -0 |
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Operating lease liabilities | - | - | - | - | - | - | - | - | 18 | 2 | -3 | -3 | -7 |
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Non-cancellable obligations | - | - | - | - | - | - | - | -16 | -4 | -1 | 2 | -4 | 9 |
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Other | -6 | -16 | 2 | 11 | 7 | 1 | -15 | 3 | 12 | 1 | -6 | -5 | -10 |
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Net cash provided by operating activities | 43 | 132 | 164 | 169 | 116 | 123 | 142 | 180 | 123 | 33 | 11 | 100 | 49 |
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Purchases of fixed maturity securities | 237 | 455 | 514 | 378 | 477 | 467 | 592 | 637 | 359 | 646 | 517 | 611 | 416 |
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Purchases of equity securities | - | - | - | - | - | - | - | - | - | - | 200 | 125 | 40 |
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Purchases of short-term investments | - | - | - | - | - | 10 | 8 | 60 | - | 136 | 13 | 133 | 69 |
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Purchases of other invested assets | - | - | - | - | - | - | - | - | 28 | 8 | 17 | 20 | 28 |
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Proceeds from sale of fixed maturity securities | 317 | 140 | 52 | 48 | 105 | 132 | 250 | 205 | 163 | 350 | 207 | 314 | 558 |
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Proceeds from sale of equity securities | - | - | - | - | - | - | - | - | - | - | 136 | 216 | 53 |
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Proceeds from maturities and redemptions of fixed maturity securities | 127 | 149 | 207 | 251 | 324 | 231 | 216 | 329 | 310 | 359 | 374 | 195 | 163 |
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Proceeds from maturities of short-term investments | - | - | - | - | - | - | 20 | 39 | 25 | 111 | 28 | 24 | 157 |
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Net change in unsettled investment purchases and sales | - | - | - | - | - | - | 6 | 22 | -25 | -4 | 3 | -3 | 2 |
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Capital expenditures and other | 5 | 5 | 4 | 9 | 12 | 5 | 8 | 10 | 12 | 6 | 4 | 3 | 2 |
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Payments to Acquire Businesses, Net of Cash Acquired | - | - | - | - | - | - | - | - | 16 | - | - | - | - |
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Net cash provided by (used in) investing activities | 199 | -185 | -259 | -85 | -101 | -89 | -110 | -120 | 49 | 84 | -2 | -146 | 377 |
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Acquisition of common stock | 92 | 42 | - | - | - | 21 | - | 4 | 68 | 99 | 43 | 30 | 76 |
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Cash transactions related to stock-based compensation | -1 | -1 | -6 | -2 | -5 | -9 | -4 | 2 | 3 | 2 | 3 | 1 | 1 |
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Dividends paid to stockholders and eligible plan award holders | 9 | 8 | 7 | 8 | 8 | 12 | 20 | 27 | 29 | 31 | 29 | 90 | 30 |
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Proceeds from FHLB advances | - | - | - | - | - | - | - | - | - | 35 | - | 183 | - |
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Repayments of Notes Payable | 10 | 10 | 10 | 10 | 61 | - | - | - | - | 15 | 20 | - | 183 |
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Proceeds from Lines of Credit | - | - | - | - | - | - | - | - | - | - | 27 | 10 | - |
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Repayments on line of credit advances | - | - | - | - | - | - | 10 | - | 20 | - | 27 | 10 | - |
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Payments on finance leases | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
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Net cash used in financing activities | -110 | -58 | -11 | -15 | -62 | -24 | -26 | -33 | -119 | -112 | -94 | 60 | -289 |
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Net increase (decrease) in cash, cash equivalents, and restricted cash | - | - | - | - | - | - | - | 28 | 53 | 5 | -85 | 14 | 137 |
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Financed property and equipment purchases | - | 3 | 4 | 2 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | - |
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Conversion of Stock, Amount Converted | - | - | - | - | - | - | - | - | - | - | 20 | - | - |
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Income Taxes Paid, Net | - | - | 4 | -1 | 13 | - | - | - | - | - | - | - | 30 |
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Income Taxes Paid | -3 | 2 | - | - | - | - | - | - | - | - | - | - | 2 |
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Cash paid for interest | - | - | - | - | - | - | - | - | - | - | - | - | 6 |
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Financed property and equipment purchases | - | 3 | 4 | 2 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | - |
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Conversion of Stock, Amount Converted | - | - | - | - | - | - | - | - | - | - | 20 | - | - |
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Net income | 48 | 107 | 64 | 101 | 94 | 107 | 101 | 141 | 157 | 120 | 119 | 48 | 118 |
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Depreciation and amortization | 6 | 6 | 6 | 7 | 8 | 9 | 8 | 6 | 9 | 8 | 7 | 5 | 5 |
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Stock-based compensation | 4 | 6 | 6 | 6 | 5 | 6 | 7 | 9 | 10 | 10 | 9 | 5 | 6 |
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Capitalized Computer Software, Amortization | - | - | - | - | - | - | - | - | 5 | 9 | 14 | 16 | 17 |
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Net amortization on investments | -7 | -7 | -9 | -11 | -13 | -15 | -14 | -8 | -9 | -10 | -8 | -3 | -2 |
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Allowance for expected credit losses | -2 | 0 | - | - | 4 | -2 | 0 | -3 | -2 | 7 | -0 | 3 | 5 |
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Deferred income tax expense (benefit) | - | - | - | - | - | - | - | - | -6 | 13 | -7 | 17 | -5 |
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Net realized and unrealized (gains) losses on investments | 20 | 5 | 10 | 16 | -11 | 11 | 7 | -13 | 51 | 19 | 55 | -52 | 23 |
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Asset impairment charges | - | - | - | - | - | - | - | - | - | 1 | 1 | - | - |
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Asset Impairment Charges | - | - | - | - | - | - | - | - | - | - | - | - | 4 |
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Gain (Loss) on Termination of Lease | - | - | - | - | - | - | - | - | - | - | - | - | 1 |
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Premiums receivable | 48 | 63 | 57 | 18 | 10 | 1 | 22 | 3 | -49 | -47 | 12 | 64 | 59 |
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Reinsurance recoverable on paid and unpaid losses | -19 | -137 | -64 | -71 | -44 | -47 | -44 | -33 | -20 | -35 | -20 | -32 | -17 |
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Cloud computing arrangements | - | - | - | - | - | - | - | -26 | -13 | -26 | -8 | -15 | -3 |
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Operating lease right-of-use-assets | - | - | - | - | - | - | - | - | -16 | -2 | 3 | 3 | 6 |
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Current federal income taxes | 2 | 0 | -4 | 7 | -4 | 8 | -3 | 9 | -7 | 22 | -8 | 9 | -7 |
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Unpaid losses and loss adjustment expenses | - | - | - | - | 22 | 47 | -35 | -58 | -63 | -123 | -88 | -20 | -76 |
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Unearned premiums | 45 | 70 | 39 | 7 | -2 | 1 | 8 | 18 | 1 | -38 | 6 | 35 | 40 |
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Accounts payable, accrued expenses and other liabilities | -4 | 3 | -1 | 10 | 9 | -4 | -7 | 19 | -7 | -4 | -2 | 7 | 4 |
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Deferred reinsurance gain–LPT Agreement | 17 | 85 | 32 | 42 | 18 | 15 | 11 | 14 | 13 | 12 | 11 | 8 | 7 |
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Contingent commission receivable–LPT Agreement | - | -15 | -6 | -1 | -3 | -2 | -0 | - | 19 | -0 | -0 | - | -0 |
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Operating lease liabilities | - | - | - | - | - | - | - | - | 18 | 2 | -3 | -3 | -7 |
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Non-cancellable obligations | - | - | - | - | - | - | - | -16 | -4 | -1 | 2 | -4 | 9 |
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Other | -6 | -16 | 2 | 11 | 7 | 1 | -15 | 3 | 12 | 1 | -6 | -5 | -10 |
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Net cash provided by operating activities | 43 | 132 | 164 | 169 | 116 | 123 | 142 | 180 | 123 | 33 | 11 | 100 | 49 |
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Purchases of fixed maturity securities | 237 | 455 | 514 | 378 | 477 | 467 | 592 | 637 | 359 | 646 | 517 | 611 | 416 |
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Purchases of equity securities | - | - | - | - | - | - | - | - | - | - | 200 | 125 | 40 |
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Purchases of short-term investments | - | - | - | - | - | 10 | 8 | 60 | - | 136 | 13 | 133 | 69 |
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Purchases of other invested assets | - | - | - | - | - | - | - | - | 28 | 8 | 17 | 20 | 28 |
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Proceeds from sale of fixed maturity securities | 317 | 140 | 52 | 48 | 105 | 132 | 250 | 205 | 163 | 350 | 207 | 314 | 558 |
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Proceeds from sale of equity securities | - | - | - | - | - | - | - | - | - | - | 136 | 216 | 53 |
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Proceeds from maturities and redemptions of fixed maturity securities | 127 | 149 | 207 | 251 | 324 | 231 | 216 | 329 | 310 | 359 | 374 | 195 | 163 |
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Proceeds from maturities of short-term investments | - | - | - | - | - | - | 20 | 39 | 25 | 111 | 28 | 24 | 157 |
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Net change in unsettled investment purchases and sales | - | - | - | - | - | - | 6 | 22 | -25 | -4 | 3 | -3 | 2 |
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Capital expenditures and other | 5 | 5 | 4 | 9 | 12 | 5 | 8 | 10 | 12 | 6 | 4 | 3 | 2 |
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Payments to Acquire Businesses, Net of Cash Acquired | - | - | - | - | - | - | - | - | 16 | - | - | - | - |
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Net cash provided by (used in) investing activities | 199 | -185 | -259 | -85 | -101 | -89 | -110 | -120 | 49 | 84 | -2 | -146 | 377 |
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Acquisition of common stock | 92 | 42 | - | - | - | 21 | - | 4 | 68 | 99 | 43 | 30 | 76 |
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Cash transactions related to stock-based compensation | -1 | -1 | -6 | -2 | -5 | -9 | -4 | 2 | 3 | 2 | 3 | 1 | 1 |
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Dividends paid to stockholders and eligible plan award holders | 9 | 8 | 7 | 8 | 8 | 12 | 20 | 27 | 29 | 31 | 29 | 90 | 30 |
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Proceeds from FHLB advances | - | - | - | - | - | - | - | - | - | 35 | - | 183 | - |
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Repayments of Notes Payable | 10 | 10 | 10 | 10 | 61 | - | - | - | - | 15 | 20 | - | 183 |
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Proceeds from Lines of Credit | - | - | - | - | - | - | - | - | - | - | 27 | 10 | - |
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Repayments on line of credit advances | - | - | - | - | - | - | 10 | - | 20 | - | 27 | 10 | - |
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Payments on finance leases | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
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Net cash used in financing activities | -110 | -58 | -11 | -15 | -62 | -24 | -26 | -33 | -119 | -112 | -94 | 60 | -289 |
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Net increase (decrease) in cash, cash equivalents, and restricted cash | - | - | - | - | - | - | - | 28 | 53 | 5 | -85 | 14 | 137 |
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Financed property and equipment purchases | - | 3 | 4 | 2 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | - |
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Conversion of Stock, Amount Converted | - | - | - | - | - | - | - | - | - | - | 20 | - | - |
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Income Taxes Paid, Net | - | - | 4 | -1 | 13 | - | - | - | - | - | - | - | 30 |
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Income Taxes Paid | -3 | 2 | - | - | - | - | - | - | - | - | - | - | 2 |
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Cash paid for interest | - | - | - | - | - | - | - | - | - | - | - | - | 6 |
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Financed property and equipment purchases | - | 3 | 4 | 2 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | - |
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Conversion of Stock, Amount Converted | - | - | - | - | - | - | - | - | - | - | 20 | - | - |
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