Company Profile

EMC Insurance Group Inc. (EMCI) is an insurance holding company with operations in property and casualty insurance (77% of premiums earned) and reinsurance (23% of premiums earned), which are its two operating segments. EMCI was formed in 1974, became publicly held in 1982 and is traded on the NASDAQ exchange. EMCI is a controlled company in that its parent, Employers Mutual Casualty Company (EMCC), owns greater than 50 percent of its outstanding stock.

EMCC is a mutual insurance company founded in 1911 that actively markets its products in 41 states (licensed in all 50 states and the District of Columbia). Headquartered in Des Moines, Iowa, EMCC employs approximately 2,250 people countrywide.

EMCI and EMCC, together with each entity’s subsidiary and affiliated companies, operate collectively under the trade name EMC Insurance Companies (EMC).

Corporate Structure

Corporate Structure 2016 Premiums Earned * Ownership as of December 31, 2016

2016 Premiums Earned

Key Reasons to Invest

In addition to the fact that EMCI has a diversified, seasoned book of business, access to a large capital base, and strong local market presence, the company has an experienced executive management team, with an average of 26 years with EMC.

Other key reasons to invest include its proven ability to deliver attractive returns to stockholders, strong quarterly dividend, and award-winning workplace.


Proven Ability to Deliver Attractive Returns
Total Stockholder Return*

*Total stockholder return is the percentage change in the stock price plus the amount of dividends paid, assuming dividend reinvestment, to the stock price at the beginning of the one-year, three-year and five-year periods ending December 31, 2016.

Source Bloomberg

Strong Quarterly Stockholder Dividends

EMCI has paid a dividend quarterly since its IPO in 1982, and it has never been reduced. The quarterly dividend increased 10.5% in 2016, which was the seventh consecutive year that EMCI increased its quarterly cash. This reflects the strength of EMCI’s balance sheet and serves as an effective way to return excess capital to stockholders.



Quarterly Cash Dividend
Award-Winning Workplace
Number 2 on the Best Public Companies for Leaders (Chief Executive)
Proven Ability to Deliver Attractive Returns
Total Stockholder Return*

*Total stockholder return is the percentage change in the stock price plus the amount of dividents paid, assuming dividents reinvestment, to the stock price at the beginning of the one-year, three-year and five-year periods ending December 31, 2016.

Source Bloomberg

Strong Quarterly Stockholder Dividends

EMCI has paid a dividend quarterly since its IPO in 1982, and it has never been reduced. The quarterly dividend increased 10.5% in 2016, which was the seventh consecutive year that EMCI increased its quarterly cash. This reflects the strength of EMCI’s balance sheet and serves as an effective way to return excess capital to stockholders.



Quarterly Cash Dividend
Award-Winning Workplace
Number 2 on the Best Public Companies for Leaders (Chief Executive)
EMC Insurance Companies
717 Mulberry Street | P.O. Box 712 |
Des Moines, Iowa 50306-0712

800-447-2295