AM Best Upgrades the Financial Strength Ratings for Employers Holdings, Inc.’s Operating Subsidiaries to “A” (Excellent)
Employers Holdings (NYSE:EIG) has received significant rating upgrades from AM Best for its insurance subsidiaries. The Financial Strength Rating (FSR) has been upgraded to A (Excellent) from A- (Excellent), and their Long-Term Issuer Credit Ratings to 'a' (Excellent) from 'a-' (Excellent). The parent company's Long-Term ICR was also upgraded to 'bbb' (Good) from 'bbb-' (Good), with all ratings outlook revised to stable from positive.
The upgrades reflect EIG's strongest balance sheet strength, strong operating performance, and appropriate enterprise risk management. AM Best highlighted the company's consistent underwriting profitability and improved margins, resulting from its strategy focusing on adequate pricing, risk selection, claims handling, and conservative investing.
As a specialized workers' compensation insurance provider, EMPLOYERS serves small and mid-sized businesses in low-to-medium hazard industries across the United States, offering comprehensive coverage solutions including their digital-first platform, Cerity®.
Employers Holdings (NYSE:EIG) ha ricevuto significativi miglioramenti di rating da AM Best per le sue sussidiarie assicurative. Il Financial Strength Rating (FSR) è stato aggiornato a A (Eccellente) da A- (Eccellente), e i loro Long-Term Issuer Credit Ratings a 'a' (Eccellente) da 'a-' (Eccellente). Anche il Long-Term ICR della società madre è stato migliorato a 'bbb' (Buono) da 'bbb-' (Buono), con tutte le prospettive di rating riviste da positive a stabili.
I miglioramenti riflettono la forza patrimoniale più solida di EIG, un forte rendimento operativo e una gestione del rischio d'impresa adeguata. AM Best ha messo in evidenza la coerenza della redditività dalla sottoscrittura della compagnia e il miglioramento dei margini, risultati dalla sua strategia focalizzata su una corretta tariffazione, selezione dei rischi, gestione dei sinistri e investimenti conservativi.
Come fornitore specializzato di assicurazione per la compensazione dei lavoratori, EMPLOYERS serve piccole e medie imprese in settori a bassa e media rischiosità in tutto gli Stati Uniti, offrendo soluzioni assicurative complete, incluso il loro piattaforma digitale, Cerity®.
Employers Holdings (NYSE:EIG) ha recibido importantes mejoras en la calificación por parte de AM Best para sus subsidiarias de seguros. La calificación de fortaleza financiera (FSR) ha sido mejorada a A (Excelente) desde A- (Excelente), y sus calificaciones de crédito de emisor a largo plazo a 'a' (Excelente) desde 'a-' (Excelente). La calificación de crédito a largo plazo de la empresa matriz también se mejoró a 'bbb' (Buena) desde 'bbb-' (Buena), con todas las perspectivas de calificación revisadas de positivas a estables.
Las mejoras reflejan la mayor solidez de balance de EIG, su sólido desempeño operativo y una adecuada gestión del riesgo empresarial. AM Best destacó la consistencia en la rentabilidad de sus suscripciones y la mejora de márgenes, resultado de su estrategia centrada en una adecuada fijación de precios, selección de riesgos, manejo de reclamaciones e inversiones conservadoras.
Como proveedor especializado de seguros de compensación para trabajadores, EMPLOYERS atiende a pequeñas y medianas empresas en industrias de bajo a medio riesgo en todo Estados Unidos, ofreciendo soluciones de cobertura integrales que incluyen su plataforma digital, Cerity®.
Employers Holdings (NYSE:EIG)는 자회사 보험사에 대한 AM Best의 상당한 등급 상승을 받았습니다. 재무 건전성 등급(FSR)은 A- (우수)에서 A (우수)로, 장기 발행자 신용 등급은 'a-' (우수)에서 'a' (우수)로 상승했습니다. 모회사의 장기 신용 등급(ICR)도 'bbb-' (양호)에서 'bbb' (양호)로 개선되었으며, 모든 등급의 전망은 긍정적에서 안정적으로 수정되었습니다.
이번 등급 상승은 EIG의 강력한 재무 건전성, 뛰어난 운영 성과 및 적절한 기업 리스크 관리의 반영입니다. AM Best는 회사의 지속적인 언더라이팅 수익성과 개선된 마진을 강조하며, 이는 적절한 가격 책정, 리스크 선택, 클레임 처리 및 보수적인 투자에 초점을 맞춘 전략에서 비롯된 결과입니다.
전문적인 근로자 보상 보험 제공업체인 EMPLOYERS는 미국 전역의 중소기업을 대상으로 저위험 및 중위험 산업에서 종합적인 보장 솔루션을 제공하며, 디지털 우선 플랫폼인 Cerity®를 포함합니다.
Employers Holdings (NYSE:EIG) a reçu d'importantes améliorations de notation de la part d'AM Best pour ses filiales d'assurance. La note de solidité financière (FSR) a été rehaussée à A (Excellent) contre A- (Excellent), et leurs notes de crédit à long terme à 'a' (Excellent) contre 'a-' (Excellent). La note de crédit à long terme de la société mère a également été améliorée à 'bbb' (Bon) contre 'bbb-' (Bon), toutes les perspectives de notation ayant été révisées de positives à stables.
Ces améliorations reflètent la plus grande solidité bilantaire de l'EIG, sa forte performance opérationnelle et une gestion des risques d'entreprise appropriée. AM Best a mis en avant la rentabilité constante des souscriptions de l'entreprise et l'amélioration des marges, résultant de sa stratégie axée sur des prix adéquats, la sélection des risques, la gestion des sinistres et des investissements conservateurs.
En tant que fournisseur spécialisé d'assurance contre les accidents du travail, EMPLOYERS sert les petites et moyennes entreprises dans des secteurs à faible à moyen risque à travers les États-Unis, offrant des solutions de couverture complètes, y compris leur plateforme numérique, Cerity®.
Employers Holdings (NYSE:EIG) hat von AM Best bedeutende Ratingverbesserungen für seine Versicherungstöchter erhalten. Die Financial Strength Rating (FSR) wurde von A- (Ausgezeichnet) auf A (Ausgezeichnet) angehoben, und ihre langfristigen Emittentenkreditratings wurden von 'a-' (Ausgezeichnet) auf 'a' (Ausgezeichnet) erhöht. Das langfristige ICR des Mutterunternehmens wurde ebenfalls von 'bbb-' (Gut) auf 'bbb' (Gut) verbessert, wobei die Ausblicke für alle Ratings von positiv auf stabil geändert wurden.
Die Verbesserungen spiegeln die stärkste Bilanzkraft von EIG, eine starke operative Leistung und ein angemessenes Enterprise-Risikomanagement wider. AM Best hob die konsequente Rentabilität in der Zeichnung und die verbesserten Margen hervor, die aus der Strategie resultieren, die sich auf angemessene Preisgestaltung, Risikoselektion, Schadensregulierung und konservative Investitionen konzentriert.
Als spezialisierter Anbieter von Arbeitsunfallversicherungen bedient EMPLOYERS kleine und mittelständische Unternehmen in gering bis mittel gefährdeten Branchen in den Vereinigten Staaten und bietet umfassende Versicherungslösungen, einschließlich ihrer digitalen Plattform Cerity®.
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RENO, Nev., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Employers Holdings, Inc. (NYSE:EIG), a leading provider of workers’ compensation insurance, is pleased to announce that AM Best has upgraded the Financial Strength Rating (FSR) of each of its insurance companies to A (Excellent) from A- (Excellent) and their Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent). Concurrently, AM Best has upgraded the Long-Term ICR of Employers Holdings, Inc. to “bbb” (Good) from “bbb-” (Good). The outlook of each of these credit ratings has also been revised to stable from positive.
“This upgrade reflects our unwavering commitment to financial strength and operational excellence," said Katherine Antonello, President and CEO of Employers Holdings, Inc. "Our focus on disciplined underwriting, prudent risk management, and strategic investments has positioned us strongly in the workers' compensation insurance market. This reinforces our ability to provide reliable, trusted, high-quality coverage to small businesses across the nation.”
According to a news release from AM Best, the rating upgrades are driven by Employers' balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, limited business profile, and appropriate enterprise risk management. AM Best also noted Employers' consistent underwriting profitability and improved underwriting margins, resulting from its multi-focus, multi-year strategy emphasizing adequate pricing, proper risk selection, expedient claims handling, and conservative investing.
As a leading provider of workers' compensation insurance, Employers remains dedicated to serving small and mid-sized business policyholders in low to medium hazard industries. For more information about Employers and its subsidiaries, please visit www.employers.com.
AM Best is the world's oldest and most authoritative insurance rating information source. For the latest ratings, visit www.ambest.com.
About EMPLOYERS
Employers Holdings, Inc. (NYSE: EIG), is a holding company with subsidiaries that are specialty providers of workers’ compensation insurance and services (collectively “EMPLOYERS®”) focused on small and mid-sized businesses engaged in low-to-medium hazard industries. EMPLOYERS leverages over a century of experience to deliver comprehensive coverage solutions that meet the unique needs of its customers. Drawing from its long history and extensive knowledge, EMPLOYERS empowers businesses by protecting their most valuable asset – their employees – through exceptional claims management, loss control, and risk management services, creating safer work environments.
EMPLOYERS is also proud to offer Cerity®, which is focused on providing digital-first, direct-to-consumer workers’ compensation insurance solutions with fast, and affordable coverage options through a user-friendly online platform.
EMPLOYERS operates throughout the United States, apart from four states that are served exclusively by their state funds. Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company, and Cerity Insurance Company, all rated A (Excellent) by A.M. Best. Not all companies do business in all jurisdictions. EIG Services, Inc., and Cerity Services, Inc., are subsidiaries of Employers Holdings, Inc. EMPLOYERS® is a registered trademark of EIG Services, Inc., and Cerity® is a registered trademark of Cerity Services, Inc. For more information, please visit www.employers.com and www.cerity.com.
Media Contact:
Kimberly Eye
Vice President, Marketing & Communications
keye@employers.com
Investor Relations Contact:
Michael Paquette
Executive Vice President, Chief Financial Officer
mpaquette@employers.com
FAQ
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