Attached files
file | filename |
---|---|
EX-32.2 - EXHIBIT 32.2 - Employers Holdings, Inc. | eig-ex322_2017.htm |
EX-32.1 - EXHIBIT 32.1 - Employers Holdings, Inc. | eig-ex321_2017.htm |
EX-31.2 - EXHIBIT 31.2 - Employers Holdings, Inc. | eig-ex312_2017.htm |
EX-31.1 - EXHIBIT 31.1 - Employers Holdings, Inc. | eig-ex311_2017.htm |
EX-23.1 - EXHIBIT 23.1 - Employers Holdings, Inc. | exhibit231_2017.htm |
EX-21.1 - EXHIBIT 21.1 - Employers Holdings, Inc. | exhibit211_2017.htm |
10-K - 10-K - Employers Holdings, Inc. | eig-2017x10k.htm |
Exhibit 12.1
EMPLOYERS HOLDINGS, INC.
Computation of Ratio of Earnings to Fixed Charges
($ in millions)
Years Ended December 31, | ||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
Net Income before income taxes | $ | 144.0 | $ | 140.7 | $ | 99.4 | $ | 106.6 | $ | 53.1 | ||||||||||
Fixed charges: | ||||||||||||||||||||
Assumed interest on capital assets (1) | $ | 1.7 | $ | 1.7 | $ | 1.8 | $ | 2.8 | $ | 3.1 | ||||||||||
Interest on indebtedness | 1.4 | 1.6 | 2.7 | 3.0 | 3.2 | |||||||||||||||
Total fixed charges | $ | 3.1 | $ | 3.3 | $ | 4.5 | $ | 5.8 | $ | 6.3 | ||||||||||
Net income before income taxes plus fixed charges | $ | 147.1 | $ | 144.0 | $ | 103.9 | $ | 112.4 | $ | 59.4 | ||||||||||
Ratio of earnings to fixed charges | 47.5 | 43.6 | 23.1 | 19.4 | 9.4 |
(1) | Interest component of rental expense is estimated to equal 1/3 of such expense, which is considered a reasonable approximation of the interest factor. |