Kathy. you, Gross $XXX of million $XXX written increase were Thank year versus premiums XX%. million ago, an a
was audit $XXX to million mentioned, premiums. increase higher renewal due earned the million ago, and were of premiums final new Net As versus year a increase XX%. Kathy an $XXX
quarter. Our offers insurance segment, growth which operating compensation earned directly digital to premium contribute our in nicely Cerity workers' consumers solutions to this
partially $XX Our XX%. increase year was a million of million was loss increase Commission The to and due versus provision. earned loss a adjustment an The to current XX%. year ago, in higher LAE accident lower earned a due expenses our higher an of $XX increase premiums. year million expenses premium increase versus were offset ago, by our loss $XXX were primarily
was As expense a down quarter that X.X ratio by of commission our from points Kathy ago. the year for percentage mentioned,
bad in Underwriting increase due million from of and policyholder resulting expenses higher $XX were million and The increase was year primarily to versus a the debt expenses an earned increase expenses and administrative general $XX XX%. as higher well ago, dividends premium. as compensation-related
percentage our the was with also general that underwriting ratio As and commission down ratio, our from was of expense points X.X expense year a consolidated administrative and case ago.
and our income resulting of $X respectively. From and $XX versus ago segment a million a had year reporting were ratios million its combined pretax calendar segment XXX%, year XX% Employers perspective,
million our loss been current ratio of since of LAE ago. year the Cerity $X of those versus inception Our consistent pretax accident Employers loss highly Cerity's for in segment. quarter loss segment with year million a its a had a $X have
investments. to Turning
invested from and those subsidiaries costs million was Federal for to of Our as million a purchase securities. of Home investment balance leverage the of from our to resulting $XX Bank a due the The collateralized net advances strategy, XX%. loan ago, investment $XX the Federal similar strategy. proceeds obligation have year our received Loan million $XXX higher a and that advances insurance to Loan used Home by Bank Pursuant bond were high-quality amount increase from was increase an amortized versus asset quarter income measured higher yields
and Our credit of have fixed maturities duration A. a of currently quality an average
end, yield book quarter money new is sharply at average which ago, X% our weighted from is near up X.X% was year today a and X%. rate Our
unrealized impacted and reflected unrealized million reflected $X other was stockholders' our of of net million our gains equity $XX favorably from after-tax on fixed income balance favorably on are after-tax securities and net by net our this by securities, impacted are income which investments, sheet. gains statement equity quarter Our which from maturity was
we an price During of of $X an average $XX thus stock stock the quarter, million repurchased $XX.XX share. repurchased additional at second an of share. per have And in our $XX.XX common average we of at first million price far, quarter our common per the
million. Our remaining share repurchase authority stands $XX at
of This future declared a our XXXX quarter Board an abundant from finally, per second of increase share, balance quarterly our company's in dividend X% of regular prior quarterly reflects $X.XX strong operations. week, And Directors action share. sheet, the underwriting earlier per the and dividend $X.XX capital our this of confidence
turn to Kathy. call the now And back I'll
