Eastern Insurance Holdings, Inc. Will Meet With Investors at Macquarie Financials Conference
LANCASTER, Pa., May 29, 2012 /PRNewswire/ -- Eastern Insurance Holdings, Inc. (NASDAQ: EIHI) ("EIHI") announced today that Michael Boguski, President and Chief Executive Officer, Kevin Shook, Executive Vice President, Treasurer and Chief Financial Officer, and Robert Gilpin, Senior Vice President of Field Operations and Marketing, are scheduled to meet with investors during the Macquarie Financials Conference. The two-day conference will be held at the Waldorf-Astoria Hotel in New York, New York, and provides investors with exclusive access to senior management of small- & mid-cap banks, diversified financials and insurance companies. EIHI will conduct one-on-one meetings with existing and prospective investors on Monday, June 11, 2012. Interested parties should request a private meeting through the Macquarie Connections Corporate and Industry Events Web site: https://www.macquarieconnections.com/iconference/.
EIHI operates through its subsidiaries a domestic casualty insurance group specializing in workers' compensation, third-party administration services and a segregated portfolio cell reinsurance business. EIHI has service offices in Pennsylvania, North Carolina, Indiana, Tennessee and Virginia. EIHI's Web address is http://www.eihi.com.
FORWARD LOOKING STATEMENTS
Some of the statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "project," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of these terms or other similar terminology. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. No assurance can be given that management's expectations, beliefs or projections will occur or be achieved or accomplished. Factors that could affect the Company's actual results include, among others, the fact that our loss reserves are based on estimates and may be inadequate to cover our actual losses; the uncertain effects of emerging claim and coverage issues on our business; an inability to obtain or collect on our reinsurance protection; a downgrade in the A.M. Best rating of our insurance subsidiaries; the impact of extensive regulation of the insurance industry and legislative and regulatory changes; a failure to realize our growth strategies and investment objectives; the further deterioration in the fixed income and equity security markets, the effects of intense competition; the loss of one or more principal employees; the geographic concentration of our business; the failure of independent insurance brokers to adequately market our products; and other factors described in our filings with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance upon these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update any forward-looking statements.
SOURCE Eastern Insurance Holdings, Inc.
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