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HANOVER INSURANCE GROUP (THG)

Earnings summaries and quarterly performance for HANOVER INSURANCE GROUP.

Recent press releases and 8-K filings for THG.

THG Reports Strong Q3 2025 Results
THG
Earnings
Guidance Update
Share Buyback
  • THG delivered strong Q3 2025 financial results, including operating earnings per share of $5.09, a combined ratio of 91.1%, and an operating return on equity over 21%.
  • Net investment income was exceptionally strong, increasing 27.5% from the prior year quarter to $117 million.
  • The Personal Lines segment grew 3.6% with a current accident year ex cat combined ratio of 85.8%, while Core Commercial net written premium grew 3.5%.
  • The Specialty segment saw net written premiums grow at a high single-digit pace with a current accident year combined ratio of 86%.
  • The company is implementing an AI-powered underwriting tool to enhance efficiency and has $210 million of remaining capacity under its share repurchase program , with expectations for premium growth to continue to accelerate into 2026.
Oct 30, 2025, 2:00 PM
The Hanover Insurance Group Reports Record Q3 2025 Earnings and Strong Growth
THG
Earnings
Debt Issuance
Revenue Acceleration/Inflection
  • The Hanover Insurance Group, Inc. reported record third quarter net and operating income per diluted share of $4.90 and $5.09, respectively, for Q3 2025. The company also achieved a combined ratio of 91.1%.
  • Net premiums written increased by 4.5% in Q3 2025, accelerating from the second quarter of 2025. This growth was supported by robust renewal price increases of 10.5% in Personal Lines, 9.9% in Core Commercial, and 8.3% in Specialty.
  • Net investment income rose by 27.5% to $117.0 million in Q3 2025, primarily due to higher earned yields and cashflows. This included a temporary benefit of approximately $2 million from the investment of funds from a recent $500 million debt issuance.
  • Book value per share reached $96.00 as of September 30, 2025, representing a 7.1% increase from June 30, 2025, and a 21.2% increase from December 31, 2024.
Oct 30, 2025, 2:00 PM
The Hanover Insurance Group Reports Strong Q3 2025 Results and Strategic Initiatives
THG
Earnings
Guidance Update
New Projects/Investments
  • The Hanover Insurance Group delivered strong Q3 2025 results, reporting an operating return on equity over 21% and operating earnings per share of $5.09.
  • The company achieved a combined ratio of 91.1%, with catastrophe losses at 3%, which was 3.8 points below their third-quarter assumption.
  • Personal Lines demonstrated significant improvement, posting a current accident year ex-CAT combined ratio of 85.8% and achieving renewal price increases of 10.5%.
  • THG is implementing an AI-powered underwriting tool to streamline the intake and triage of submissions, aiming for enhanced operating efficiency and accelerated processing times.
  • Management expects premium growth to continue to accelerate and remains committed to a long-term goal of 20 basis points per annum improvement in the expense ratio.
Oct 30, 2025, 2:00 PM
The Hanover Insurance Group Reports Record Third Quarter 2025 Net and Operating Income
THG
Earnings
Share Buyback
Dividends
  • The Hanover Insurance Group reported record third-quarter 2025 net income of $178.7 million, or $4.90 per diluted share, and operating income of $185.6 million, or $5.09 per diluted share, compared to $102.1 million ($2.80 per diluted share) and $111.3 million ($3.05 per diluted share) in the prior-year quarter, respectively.
  • The company achieved a combined ratio of 91.1% (88.1% excluding catastrophes) and saw net premiums written increase by 4.5% in the third quarter of 2025.
  • Book value per share stood at $96.00 as of September 30, 2025, marking a 21.2% increase from December 31, 2024, and the company returned approximately $171 million to shareholders through dividends and share repurchases year-to-date through September 2025.
Oct 29, 2025, 8:10 PM

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