Hanover Insurance Group

The Hanover Insurance Group, Inc. is a holding company that engages in the provision of property and casualty products and services. It operates through the following segments: Commercial Lines, Personal Lines and Other. The Commercial Lines segment includes commercial multiple peril, commercial automobile, workers compensation and other commercial coverage, such as specialty program business, inland marine, management and professional liability and surety. The Personal Lines segment involves personal automobile, homeowners and other personal coverage. The Other segment operates through Opus Investment Management, Inc. The company was founded in 1852 and is headquartered in Worcester, MA.

Earnings data Q1 2021

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Earnings data Q4 2024

Hanover Insurance Group reports resilient performance amidst catastrophe challenges

Hanover Insurance Group navigated challenges from Winter storm Elliott to achieve solid financial performance in 2022, focusing on risk mitigation and margin enhancement strategies.
Guidance for 2023 outlines growth targets and a conservative approach to catastrophe losses, highlighting opportunities in specialty lines and agent relationships.
Despite inflationary pressures and exposure unit dynamics, the company remains resilient, emphasizing margin improvement and customer retention for sustained profitability.

Hanover Insurance Group addresses challenges, leverages opportunities for growth

Hanover Insurance Group navigated challenges from heightened catastrophe activity by focusing on risk prevention, pricing acceleration, and margin improvement.
The company's strong performance in core commercial and specialty lines, along with increased net investment income, reflects resilience and strategic initiatives.
While facing liability trends and potential litigation challenges, Hanover Insurance Group is leveraging opportunities in pricing, growth areas, and portfolio optimization.
Anticipating future trends and maintaining a prudent approach to underwriting and pricing position the company for sustainable growth and profitability.

Hanover Insurance Group (THG) reports mixed Q2 results, eyes growth amid challenges

Hanover Insurance Group (THG) navigated mixed Q2 results with challenges from significant catastrophe losses and inflationary pressures, offset by strengths in Core Commercial and Specialty segments.
The company showcased resilience in adverse market conditions by implementing strategic pricing actions, maintaining strong underwriting discipline, and capitalizing on growth opportunities in E&S business.
THG's focus on margin recapture, catastrophe underwriting actions, and disciplined underwriting mix positions them well to address challenges and leverage opportunities in the evolving insurance landscape.
Investment income exceeding expectations and completion of property treaty renewals with favorable terms underscore THG's financial stability and strategic decision-making amidst market uncertainties.

Hanover Insurance Group shows resilience and growth amidst catastrophe impacts

Hanover Insurance Group demonstrated resilience amidst catastrophe impacts, with strong performance in key business segments and a focus on margin improvement.
While facing challenges such as elevated catastrophe losses and core loss ratio increases, the company is actively managing risks and pursuing profitability.
The company's strengths lie in its strong balance sheet, targeted loss ratios, and strategic focus on sustainable growth and competitive positioning.
Opportunities for growth include optimizing catastrophe exposures, achieving target profitability, and driving further improvement in core business segments.

Hanover Insurance Group reports strong Q4 earnings and outlines growth strategies

Hanover Insurance Group's Q4 2023 earnings call highlighted strong financial performance, margin recovery focus, and strategic growth initiatives. The company showcased improvements in key segments, positive investment performance, and provided guidance for 2024 with a focus on sustainable growth. While facing challenges like managing CAT load and PIF shrinkage, Hanover remains optimistic about its ability to drive profitability and achieve strategic targets.

Hanover Insurance Group excels in Q1, eyes growth opportunities

Hanover Insurance Group's Q1 earnings call highlighted strong financial performance, effective margin initiatives, and strategic investments in growth segments.
While facing challenges in regional exposure and liability management, the company is well-positioned for growth with opportunities in premium expansion and investment optimization.
The emphasis on technology, operational alignment, and disciplined risk management underscores a proactive approach to driving profitability and shareholder value.

Hanover Insurance Group excels in Q3 2024, poised for growth

Hanover Insurance Group's Q3 2024 earnings call showcased exceptional results and strategic initiatives driving growth across segments, with a positive outlook for future performance.
The company's strengths in pricing, underwriting actions, and segment-specific improvements position it well for continued success, despite potential challenges in liability trends and competition.
Opportunities in the middle market, policy growth, and strategic adjustments present avenues for sustained growth and profitability, underlining the company's promising trajectory.

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The Hanover Insurance Group, Inc. is a holding company that engages in the provision of property and casualty products and services. It operates through the following segments: Core Commercial, Specialty, Personal Lines and Other. The Core Commercial segment includes commercial multiple peril, commercial automobile, workers compensation and other core commercial coverage, such as general liability, commercial umbrella and monoline property. The Specialty focuses on Professional and Executive Lines, Specialty Property & Casualty, Marine, Surety and Other. The Personal Lines segment involves personal automobile, homeowners and other personal coverage. The Other segment operates through Opus Investment Management, Inc. The company was founded in 1852 and is headquartered in Worcester, MA.

WORCESTER, Mass., March 23, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its first quarter financial results after the market closes on Thursday, April 29.

The Hanover Insurance Group, Inc. to Issue First Quarter Financial Results on April 29

WORCESTER, Mass., March 1, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced J. Paul Condrin III has been elected to the company's board of directors, effective Friday, Feb. 26. Condrin is a seasoned executive with expansive knowledge of the property and...

The Hanover Insurance Group, Inc. Elects J. Paul Condrin III to Board of Directors

WORCESTER, Mass., Feb. 12, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced John C. Roche, president and chief executive officer, and Jeffrey M. Farber, executive vice president and chief financial officer, are scheduled to present at the virtual Credit...

The Hanover Insurance Group to Present at the Credit Suisse Financial Services Forum

Roche Holding AG

The Hanover Insurance Group's (THG) CEO Jack Roche on Q4 2020 Results - Earnings Call Transcript

Hanover Insurance (THG) delivered earnings and revenue surprises of 38.53% and 0.79%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Hanover Insurance Group (THG) Q4 Earnings and Revenues Beat Estimates

Shares of Hanover Insurance Gr (NYSE:THG) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 50.25% over the past year to $3.02, which beat the estimate of $2.33.

Recap: Hanover Insurance Gr Q4 Earnings

WORCESTER, Mass., Feb. 3, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $164.6 million, or $4.43 per diluted share, in the fourth quarter of 2020, compared to $109.8 million, or $2.76 per diluted share, in the prior-year quarter. Operating...

The Hanover Reports Fourth Quarter Net Income and Operating Income of $4.43 and $3.02 per Diluted Share, Respectively; Full Year Net Income and Operating Income of $9.42 and $9.32 per Diluted Share, Respectively; Full Year Combined Ratio of 94.4%; Full Ye

Hanover Insurance Gr (NYSE:THG) will be releasing its next round of earnings this Wednesday, February 03. For all of the relevant information, here is your guide for Wednesday's Q4 earnings announcement.

Hanover Insurance Gr's Earnings Outlook

WORCESTER, Mass., Jan. 28, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it was recognized as a Best Place to Work for LGBTQ Equality by the Human Rights Campaign Foundation for the fourth consecutive year. The Hanover earned a perfect score of 100 on...

The Hanover Earns Perfect Score on Human Rights Equality Index

WORCESTER, Mass., Jan. 27, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced John C. Roche, president and chief executive officer, and Jeffrey M. Farber, executive vice president and chief financial officer, are scheduled to present at the Bank of America...

The Hanover Insurance Group to Present at the Bank of America Merrill Lynch 2021 Insurance Conference

Prudent management of business mix, focus on growth of the most profitable lines, stable retention and better pricing continue to drive The Hanover Insurance Group

Hanover Insurance (THG) Up 24% in 6 Months: Will the Rally Last?

THG has pulled way back this year. However, the company's fundamentals haven't changed.

Hanover Insurance: Slow And Steady Wins The Race

WORCESTER, Mass., Dec. 21, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its fourth quarter and full-year financial results after the market closes on Wednesday, February 3, 2021. The company expects to webcast a discussion of its results on Thursday,...

The Hanover Insurance Group, Inc. to Issue Fourth Quarter Financial Results on February 3

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Hanover Insurance Group (THG) Right Now?

The Hanover Insurance Group's (THG) recent dividend hike reflects its intention to enhance shareholders' value supported by its strong financial position.

The Hanover Insurance (THG) Stock Up Since Dividend Hike

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WORCESTER, Mass., Dec. 3, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.70 per share on the issued and outstanding common stock of the company, payable December 30, 2020, to shareholders of...

The Hanover Insurance Group, Inc. Increases Quarterly Dividend to $0.70 Per Common Share

Should Value Investors Buy Hanover Insurance Group (THG) Stock?

Hanover Insurance (THG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Hanover Insurance (THG) Upgraded to Strong Buy: What Does It Mean for the Stock?

Hanover Insurance (THG) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

Why Hanover Insurance (THG) Could Be a Top Value Stock Pick

WORCESTER, Mass., Nov. 18, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the company's board of directors has accelerated its previously disclosed leadership transition plan by electing current board vice chair Cynthia L. Egan as chair, effective...

The Hanover Insurance Group, Inc. Elects Cynthia L. Egan to Chair its Board of Directors

WORCESTER, Mass., Nov. 10, 2020 /PRNewswire/ -- A recent study from The Hanover Insurance Group, Inc. (NYSE: THG) found nearly half of professional service providers faced allegations of non-performance by customers in the last two years, underscoring the need for professional liability...

Hanover Study Confirms Importance of Errors and Omissions Insurance for Professional Service Providers

The Hanover Insurance Group, Inc.'s (THG) CEO Jack Roche on Q3 2020 Results - Earnings Call Transcript

Hanover Insurance (THG) delivered earnings and revenue surprises of 9.82% and -0.39%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Hanover Insurance Group (THG) Q3 Earnings Surpass Estimates

Shares of Hanover Insurance Gr (NYSE:THG) decreased 2.6% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 6.49% over the past year to $2.46, which beat the estimate of $2.11.

News for Hanover Insurance Group Stock (THG)