AM Best confirms the credit ratings of Employers Holdings, Inc. and its subsidiaries – QNT Press Release

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Best morning The A- (Excellent) Financial Strength Rating (FSR) and the “a-” (Excellent) Long-Term Issuer Credit Rating (Long-Term ICR) of the confirmed employer preferred insurance company and its associated subsidiaries, collectively referred to as the employer insurance group (employer). (For a detailed list of companies, please see below.) At the same time, AM Best confirmed the “bbb-” (good) long-term ICR and indicative long-term issuance credit rating (Long-Term IR) of Employers Holdings, Inc. (EHI). (New York Stock Exchange stock code:EIG), the ultimate parent company of the employer’s publicly traded. The outlook for these credit ratings (ratings) is stable. All companies are headquartered in Reno, Nevada.

The credit rating (rating) reflects the strength of the employer’s balance sheet. AM Best rated it as the strongest, as well as its sufficient operating performance, limited business conditions and appropriate corporate risk management.

This rating is supported by the employer’s risk-adjusted capital. AM Best believes that the employer’s capital adequacy ratio is at the strongest level, as measured by Best’s capital adequacy ratio (BCAR). The group’s capital status reflects the group’s consistent operating performance, increasing underwriting leverage, and a diversified and well-managed investment portfolio, which can provide a stable flow of net investment income. Employers benefit from strong financial flexibility…

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