EIG

Employers Holdings, Inc. Reports Fourth Quarter 2022 and Full-Year Financial Results; Declares Quarterly Cash Dividend of $0.26 per Share

Retrieved on: 
Thursday, February 16, 2023

Cerity’s written premium increased to $6.7 million in 2022, from just $1.5 million in 2021.

Key Points: 
  • Cerity’s written premium increased to $6.7 million in 2022, from just $1.5 million in 2021.
  • Our strong balance sheet and abundant underwriting capital are highly supportive of our plans for continued growth and success.
  • During the fourth quarter of 2022, the Company repurchased 40,355 shares of its common stock at an average price of $42.15 per share.
  • On February 15, 2023, the Board of Directors declared a first quarter 2023 dividend of $0.26 per share.

EIG Enters Into Harbour Energy plc Trading Plan

Retrieved on: 
Wednesday, February 8, 2023

EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has established a pre-arranged trading plan (the “Trading Plan”) to permit the sale of up to 2 million shares (the “Shares”) of Harbour Energy plc (HBR.L or the “Company”) held by certain controlled affiliates of EIG.

Key Points: 
  • EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has established a pre-arranged trading plan (the “Trading Plan”) to permit the sale of up to 2 million shares (the “Shares”) of Harbour Energy plc (HBR.L or the “Company”) held by certain controlled affiliates of EIG.
  • As previously announced on July 8, 2022, EIG completed a distribution of the Shares to various EIG fund investors and EIG affiliated shareholders.
  • The Trading Plan, entered into on February 6, 2023, will permit Shares to be sold through March 9, 2023 at times that EIG might otherwise be precluded from doing so under insider trading laws or Harbour Energy plc trading restrictions.
  • The Trading Plan will be administered by an independent broker and will be subject to preset price, volume and timing restrictions set forth in the Trading Plan.

Employers Holdings, Inc. Schedules Fourth Quarter and Full-Year 2022 Earnings Release and Conference Call

Retrieved on: 
Tuesday, January 31, 2023

The Company will then review these financial results via a conference call and webcast on Friday, February 17, 2023, at 11:00 a.m. EST / 8:00 a.m. PST.

Key Points: 
  • The Company will then review these financial results via a conference call and webcast on Friday, February 17, 2023, at 11:00 a.m. EST / 8:00 a.m. PST.
  • To participate in the live conference call, you must first register here .
  • The Company operates throughout the United States, with the exception of 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 the A.M. Best Company.

HIBA MONA ANVER, ERICKSON IMMIGRATION GROUP PARTNER, NAMED TO THE 2023 "RISING LIST" BY THE NATIONAL ASSOCIATION OF WOMEN LAWYERS

Retrieved on: 
Friday, February 17, 2023

ARLINGTON, Va., Feb. 17, 2023 /PRNewswire/ -- Erickson Immigration Group ("EIG") , a leading business immigration law firm, is delighted to announce that Hiba Mona Anver, Shareholder and Partner, has been named to the National Association of Women Lawyers (NAWL) "Rising List."

Key Points: 
  • ARLINGTON, Va., Feb. 17, 2023 /PRNewswire/ -- Erickson Immigration Group ("EIG") , a leading business immigration law firm, is delighted to announce that Hiba Mona Anver, Shareholder and Partner, has been named to the National Association of Women Lawyers (NAWL) "Rising List."
  • In 2023, Hiba will be one of 34 women nationwide recognized for their leadership and outstanding efforts to support the careers of their women colleagues.
  • She is the partner Co-Chair of EIG's pro bono efforts and a member of the American Immigration Lawyers Association (AILA) and the National Association of Women Lawyers.
  • Anver and the Rising List award recipients will be honored at the National Association of Women Lawyers Mid-Year Meeting on March 16 – 17, 2023.

CENTENE RECOGNIZED IN 2023 BLOOMBERG GENDER-EQUALITY INDEX

Retrieved on: 
Monday, February 6, 2023

ST. LOUIS, Feb. 6, 2023 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today it has been named to the 2023 Bloomberg Gender-Equality Index for the fourth year.

Key Points: 
  • ST. LOUIS, Feb. 6, 2023 /PRNewswire/ -- Centene Corporation (NYSE: CNC) announced today it has been named to the 2023 Bloomberg Gender-Equality Index for the fourth year.
  • "We embrace and respect the range of experiences and viewpoints our employees bring to work every day and uplift the incredible contributions of the women in our workforce," said Sarah London, CEO of Centene.
  • "Our diverse and inclusive culture is a vital part of how we serve our members and local communities across the country."
  • For more information about the 2023 Bloomberg Gender-Equality Index, visit https://www.bloomberg.com/gei/resources/
    For a full list of Centene's corporate awards and recognitions, visit https://www.centene.com/who-we-are/accreditations-awards.html

AMETEK Announces Record Fourth Quarter and Full Year Results

Retrieved on: 
Thursday, February 2, 2023

AMETEK's fourth quarter 2022 sales were a record $1.63 billion, an 8% increase over the fourth quarter of 2021, with organic sales growth of 9%.

Key Points: 
  • AMETEK's fourth quarter 2022 sales were a record $1.63 billion, an 8% increase over the fourth quarter of 2021, with organic sales growth of 9%.
  • Adjusted earnings in the quarter were a record $1.52 per diluted share, up 11% from the fourth quarter of 2021.
  • "AMETEK completed a record year with an outstanding fourth quarter," commented David A. Zapico, AMETEK Chairman and Chief Executive Officer.
  • EMG sales in the fourth quarter were $466 million, up 4% from the fourth quarter in 2021.

German IPP ILOS Projects Secures €500 Million Financing Facility From EIG

Retrieved on: 
Tuesday, December 20, 2022

ILOS Projects (“ILOS”), a Pan-European Independent Power Producer (IPP) sponsored by Omnes, today announced the signing of a €500 million structured credit facility (the “Facility”) with EIG, a leading institutional investor in the global energy and infrastructure sectors.

Key Points: 
  • ILOS Projects (“ILOS”), a Pan-European Independent Power Producer (IPP) sponsored by Omnes, today announced the signing of a €500 million structured credit facility (the “Facility”) with EIG, a leading institutional investor in the global energy and infrastructure sectors.
  • The Facility is expected to support ILOS’s plans to generate more than 2GW of power through solar and battery projects by 2026.
  • The Facility comprises an initial tranche of €250 million and includes an accordion that would increase the loan amount by an additional €250 million.
  • The Facility is intended to accelerate ILOS’s growth toward becoming a leading Pan-European IPP, with loan proceeds available to provide construction equity and acquisition capital for ready-to-build assets.

AM Best Revises Outlooks to Positive for Employers Holdings, Inc. and Its Subsidiaries

Retrieved on: 
Wednesday, December 14, 2022

Concurrently, AM Best has revised the outlook to positive from stable and affirmed the Long-Term ICR of bbb- (Good) and the indicative Long-Term Issue Credit Ratings (Long-Term IR) of Employers Holdings, Inc. (EHI) [NYSE:EIG], the publicly traded ultimate parent of Employers.

Key Points: 
  • Concurrently, AM Best has revised the outlook to positive from stable and affirmed the Long-Term ICR of bbb- (Good) and the indicative Long-Term Issue Credit Ratings (Long-Term IR) of Employers Holdings, Inc. (EHI) [NYSE:EIG], the publicly traded ultimate parent of Employers.
  • The Credit Ratings (ratings) reflect Employers balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
  • The ratings are supported by Employers risk-adjusted capitalization, considered to be at the strongest level, as measured by Bests Capital Adequacy Ratio (BCAR).
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Conduent Recognized as a Top Employer for LGBT+ Inclusion in India Workplace Equality Index (IWEI) 2022

Retrieved on: 
Thursday, December 1, 2022

BANGALORE, India, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business process solutions company, today announced that it has been recognized in the Silver Employer award category as a Top Employer for LGBT+ inclusion by the India Workplace Equality Index (IWEI) 2022.

Key Points: 
  • BANGALORE, India, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT), a global technology-led business process solutions company, today announced that it has been recognized in the Silver Employer award category as a Top Employer for LGBT+ inclusion by the India Workplace Equality Index (IWEI) 2022.
  • Conduent is passionate about its commitment to diversity, equity, and inclusion globally.
  • For our part in India, we are constantly working towards providing a workplace that welcomes everyone and supports equal opportunities for growth and development.
  • Being recognized by the IWEI is a testament to our continuing progress in LGBTQ inclusion, said Manish Sharma, Country Head, at Conduent India.

Employers Holdings, Inc. Declares Special Cash Dividend of $1.25 per Share

Retrieved on: 
Tuesday, November 22, 2022

The special dividend is payable on December 20, 2022 to stockholders of record as of December 6, 2022.

Key Points: 
  • The special dividend is payable on December 20, 2022 to stockholders of record as of December 6, 2022.
  • Chief Executive Officer Katherine Antonello commented: Today we declared a $1.25 per share special dividend, which is our second special dividend declaration this year.
  • EMPLOYERS and Americas small business insurance specialist are registered trademarks of EIG Services, Inc.
  • 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 the A.M. Best Company.