EMPLOYERS HOLDINGS INC

Ticker: EIG CUSIP: 292218104 Class: Common Stock

Philadelphia Financial Management of San Francisco, LLC's Holding History (CIK: 0001351407)

Note: Option positions (PUT/CALL) are excluded.

Q1 2019

Shares 239,964 Value ($000) $9,625 Avg Close $33.45 Range $31.25 - $37.52

Q4 2018

Shares 216,873 Value ($000) $9,102 Avg Close $34.63 Range $31.27 - $37.81

Q3 2018

Shares 197,969 Value ($000) $8,968 Avg Close $34.68 Range $31.27 - $37.71

Q2 2018

Shares 380,625 Value ($000) $15,301 Avg Close $31.80 Range $30.49 - $32.96

Q1 2018

Shares 342,437 Value ($000) $13,852 Avg Close $32.24 Range $29.76 - $34.64

Q4 2017

Shares 252,242 Value ($000) $11,200 Avg Close $36.53 Range $34.41 - $39.14

Q3 2017

Shares 446,454 Value ($000) $20,291 Avg Close $32.86 Range $29.93 - $35.50

Q2 2017

Shares 293,823 Value ($000) $12,429 Avg Close $30.93 Range $28.03 - $33.57

Q1 2017

Shares 326,722 Value ($000) $12,399 Avg Close $28.89 Range $27.23 - $31.02

Q4 2016

Shares 267,861 Value ($000) $10,607 Avg Close $25.84 Range $22.31 - $30.41

Q3 2016

Shares 350,217 Value ($000) $10,447 Avg Close $22.60 Range $20.54 - $24.35

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	239,964	$9,625	$33.45	$31.25 - $37.52
Q4 2018	216,873	$9,102	$34.63	$31.27 - $37.81
Q3 2018	197,969	$8,968	$34.68	$31.27 - $37.71
Q2 2018	380,625	$15,301	$31.80	$30.49 - $32.96
Q1 2018	342,437	$13,852	$32.24	$29.76 - $34.64
Q4 2017	252,242	$11,200	$36.53	$34.41 - $39.14
Q3 2017	446,454	$20,291	$32.86	$29.93 - $35.50
Q2 2017	293,823	$12,429	$30.93	$28.03 - $33.57
Q1 2017	326,722	$12,399	$28.89	$27.23 - $31.02
Q4 2016	267,861	$10,607	$25.84	$22.31 - $30.41
Q3 2016	350,217	$10,447	$22.60	$20.54 - $24.35