4th Quarter 2025 Financial Commentary
Energy Insurance Mutual Limited (EIM) reported a $216.2 million gain
on surplus for the year ended December 31, 2025, outperforming both
budget and prior year of $86.6 million and $116.2 million, respectively.
Investment income generated $235.7 million (up from $169.1 million in
2024), and underwriting generated $71.6 million versus $1.2 million in the prior year.
Key 2025 highlights:
- $25.0 million distribution paid in March to members as of December 31, 2024.
- $25.0 million annual distribution and a $10m supplemental distribution declared for payment in the first quarter of 2026 to members as of December 31, 2025.
- Surplus rose to $1.57 billion, up $216.2 million (16.0%).
- Combined ratio improved to 84.5% (down from 99.6% last year).
- Membership retention stood at 99%.
- Investments returned 8.9%, beating the 5.7% budget, with gains from international equities (29.4%), US equities (16.3%), alternatives (7.3%), and fixed income (6.8%).
