Annual Reports & Financials

Second Quarter 2026

Energy Insurance Mutual Limited (EIM) reported a $80.6 million increase in policyholder surplus for the six months ended June 30, 2026.  Results outperformed budget and the prior year, which reflected gains of $51.8 million and $50.8 million, respectively.

Despite a volatile investment market in the first six months, investment income was positive totaling $96.4 million compared to a very strong prior year of $110.7 million.  Underwriting generated income of $5.4 million, an improvement compared to a $47.3 million underwriting loss in the first half of 2025.

Key highlights for the first half of 2026 include:

• A $25.0 million member distribution and a $10.0 million supplemental member distribuiton paid in March to members as of December 31, 2025.
• Policyholder surplus increased to $1.65 billion, representing a $80.6 million (5.1%) increase for the year.
• The combined ratio improved to 97.5%, compared to 123.3% in the prior year.
• Member retention continued to be resilient despite softening market conditions at 99%.
• The investment portfolio generated a 3.16% return, driven by positive performance from equities (17.88%), fixed income (1.25%), and alternatives (2.13%).

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We invite you to explore the full report and learn more about how EIM is helping Members navigate today’s challenges while preparing for tomorrow’s opportunities.

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