Company research
HANOVER INSURANCE GROUP, INC.
CIK 944695Updated Sep 27, 2026
SecurityTHG · NYSE · equity
Name history
ALLMERICA FINANCIAL CORP · through Nov 14, 2005
THG price & chart
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NYSE:THG on TradingView ↗About the company
The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions through a select group of independent agents and brokers. Together with its agent partners, the company offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items. For more information, please visit hanover.com.
In the news
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.95 Per Common Share ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 16,945,900,000Source | 15,274,500,000Source | 14,612,600,000Source | 13,997,200,000Source |
| GoodwillUSD | 178,800,000Source | 178,800,000Source | 178,800,000Source | 178,800,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 18,000,000Source | 15,500,000Source | 15,500,000Source | 15,500,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,122,700,000Source | 435,500,000Source | 316,100,000Source | 305,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 13,374,400,000Source | 12,432,700,000Source | 12,147,000,000Source | 11,671,600,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 600,000Source | 600,000Source | 600,000Source | 600,000Source |
| Retained Earnings (Accumulated Deficit)USD | 3,741,600,000Source | 3,209,600,000Source | 2,909,400,000Source | 2,988,800,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -171,400,000Source | -456,300,000Source | -517,200,000Source | -705,500,000Source |
| Stockholders' Equity Attributable to ParentUSD | 3,571,500,000Source | 2,841,800,000Source | 2,465,600,000Source | 2,325,600,000Source |
| Additional Paid in Capital, Common StockUSD | 2,013,500,000Source | 1,973,600,000Source | 1,939,200,000Source | 1,913,100,000Source |
| Liabilities and EquityUSD | 16,945,900,000Source | 15,274,500,000Source | 14,612,600,000Source | 13,997,200,000Source |
| Additional Financial Items | ||||
| Long-term DebtUSD | 843,300,000Source | 722,300,000Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 662,500,000Source | 426,000,000Source | 35,300,000Source | 116,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 35,600,000Source | 31,000,000Source | 31,100,000Source | 29,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 13,800,000Source | -18,600,000Source | -25,000,000Source | -46,500,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 1,178,100,000Source | 806,400,000Source | 361,700,000Source | 722,300,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -666,200,000Source | -540,900,000Source | -228,500,000Source | -507,600,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 7,700,000Source | 10,200,000Source | 11,900,000Source | 17,800,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 129,200,000Source | 26,700,000Source | — | 30,800,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 175,200,000Source | -145,500,000Source | -122,100,000Source | -140,600,000Source |
| Dividends paid | — | — | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -13,600,000Source | -11,400,000Source | -11,400,000Source | -14,200,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | 11,100,000Source | 74,100,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 33,300,000Source | 33,200,000Source | 33,200,000Source | 33,300,000Source |
| Income Taxes Paid, NetUSD | 169,000,000Source | 149,000,000Source | -22,100,000Source | 107,800,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 35,600,000Source | 31,000,000Source | 31,100,000Source | 29,000,000Source |
| Deferred Policy Acquisition Costs, Amortization ExpenseUSD | 1,285,200,000Source | 1,221,700,000Source | 1,176,000,000Source | 1,093,200,000Source |
| Depreciation, Amortization and Accretion, NetUSD | -4,600,000Source | — | — | — |
| Equity Securities, FV-NI, Gain (Loss)USD | 19,000,000Source | 14,200,000Source | -5,600,000Source | -63,300,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | 600,000Source | — | -11,600,000Source | -42,700,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | 18,400,000Source | 14,200,000Source | 6,000,000Source | -20,600,000Source |
| Gain (Loss) on InvestmentsUSD | -46,400,000Source | — | -32,500,000Source | -106,500,000Source |
| GoodwillUSD | 178,800,000Source | 178,800,000Source | 178,800,000Source | 178,800,000Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | — | — | 0Source | 500,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 660,700,000Source | 425,300,000Source | 33,500,000Source | 116,800,000Source |
| Income Tax Expense (Benefit)USD | 183,100,000Source | 112,500,000Source | 7,600,000Source | 27,200,000Source |
| Insurance Services RevenueUSD | 6,640,400,000Source | 6,313,200,000Source | 6,026,000,000Source | 5,575,100,000Source |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred ClaimsUSD | 3,729,300,000Source | 3,757,400,000Source | 4,134,600,000Source | 3,623,400,000Source |
| Net Income (Loss) Attributable to ParentUSD | 662,500,000Source | 426,000,000Source | 35,300,000Source | 116,000,000Source |
| Other Nonoperating Income (Expense)USD | — | -2,400,000Source | 2,100,000Source | -500,000Source |
| Proceeds from Stock Options ExercisedUSD | 15,400,000Source | 16,700,000Source | 6,500,000Source | 13,300,000Source |
| Realized Investment Gains (Losses)USD | -61,700,000Source | -84,200,000Source | -8,900,000Source | -26,500,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 6,594,400,000Source | 6,237,400,000Source | 5,993,500,000Source | 5,468,600,000Source |
| Operating Income (Loss)USD | 933,000,000Source | 650,100,000Source | 105,600,000Source | 285,100,000Source |
| Other Nonoperating Income (Expense)USD | — | -2,400,000Source | 2,100,000Source | -500,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 843,800,000Source | 537,800,000Source | 41,100,000Source | 144,000,000Source |
| Income Tax Expense (Benefit)USD | 183,100,000Source | 112,500,000Source | 7,600,000Source | 27,200,000Source |
| Net Income (Loss) Attributable to ParentUSD | 662,500,000Source | 426,000,000Source | 35,300,000Source | 116,000,000Source |
| Earnings Per Share, BasicUSD per share | 18.5Source | 11.85Source | 0.99Source | 3.26Source |
| Earnings Per Share, DilutedUSD per share | 18.16Source | 11.7Source | 0.98Source | 3.21Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 35,800,000Source | 35,900,000Source | 35,700,000Source | 35,600,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 36,500,000Source | 36,400,000Source | 36,100,000Source | 36,100,000Source |
| Additional Financial Items | ||||
| Benefits, Losses and ExpensesUSD | 5,750,600,000Source | 5,699,600,000Source | 5,952,400,000Source | 5,324,600,000Source |
| Current Income Tax Expense (Benefit)USD | 169,300,000Source | 131,100,000Source | 32,600,000Source | 73,700,000Source |
| Deferred Policy Acquisition Costs, Amortization ExpenseUSD | 1,285,200,000Source | 1,221,700,000Source | 1,176,000,000Source | 1,093,200,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | 1,500,000Source | 6,300,000Source | 12,900,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | 600,000Source | — | -11,600,000Source | -42,700,000Source |
| Gain (Loss) on InvestmentsUSD | -46,400,000Source | — | -32,500,000Source | -106,500,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 660,700,000Source | 425,300,000Source | 33,500,000Source | 116,800,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 18.46Source | 11.83Source | 0.94Source | 3.28Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 18.12Source | 11.68Source | 0.93Source | 3.23Source |
| Insurance Services RevenueUSD | 6,640,400,000Source | 6,313,200,000Source | 6,026,000,000Source | 5,575,100,000Source |
| Interest Expense, DebtUSD | 43,200,000Source | 34,100,000Source | 34,100,000Source | 34,100,000Source |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred ClaimsUSD | 3,729,300,000Source | 3,757,400,000Source | 4,134,600,000Source | 3,623,400,000Source |
| Net Investment IncomeUSD | 454,400,000Source | 372,600,000Source | 332,100,000Source | 296,300,000Source |
| Other Cost and Expense, OperatingUSD | 692,900,000Source | 686,400,000Source | 607,700,000Source | 573,900,000Source |
| Realized Investment Gains (Losses)USD | -61,700,000Source | -84,200,000Source | -8,900,000Source | -26,500,000Source |
Filing attachments
thg-ex99_1.htm · 8-K · 2026-07-28
EX-99.1 2 thg-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 The Hanover Reports Record Second Quarter Net Income and Operating Income of $5.38 and $5.31 per Diluted Share, Respectively; Record Second Quarter Net and Operating Return on Equity of 21.2% and 19.8%, Respectively Second Quarter Highlights • Combined ratio of 91.2%; combined ratio, excluding catastrophes(1), of 85.5% • Catastrophe losses of $91.8 million, or 5.7 points of the combined ratio • Net premiums written increase of 4.6…
Read attachment ↗thg-ex99_2.htm · 8-K · 2026-07-28
EX-99.2 3 thg-ex99_2.htm EX-99.2 EX-99.2 Exhibit 99.2 FINANCIAL SUPPLEMENT SECOND QUARTER 2026 THE HANOVER INSURANCE GROUP FINANCIAL SUPPLEMENT TABLE OF CONTENTS Segment Descriptions.................................................................................................... 1 Financial Highlights......................................................................................................... 2 Consolidated Financial St…
Read attachment ↗d160982dex991.htm · 8-K · 2026-07-15
EX-99.1 2 d160982dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 The Hanover Announces CEO Succession Plan: John C. Roche to Retire as President and CEO at the End of 2026; Chief Operating Officer Richard W. Lavey Named CEO-Elect WORCESTER, Mass., July 15, 2026 - The Hanover Insurance Group, Inc., (NYSE:THG), a leading property and casualty insurance company, announced today that John “Jack” C. Roche, president and chief executive officer, has informed the company’s Board of Directors he plans to re…
Read attachment ↗thg-ex99_1.htm · 8-K · 2026-05-13
EX-99.1 2 thg-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 The Hanover Insurance Group, Inc. Announces New Share Repurchase Authorization WORCESTER, Mass., May 13, 2026 - The Hanover Insurance Group, Inc. (NYSE: THG) today announced its board of directors approved a new share repurchase authorization, pursuant to which the company may repurchase up to $700 million of its common stock. At the same time, the company terminated its previous share repurchase program, which had a remaining repurcha…
Read attachment ↗thg-ex99_1.htm · 8-K · 2026-04-29
EX-99.1 2 thg-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 The Hanover Reports Record First Quarter Net Income and Operating Income of $5.20 and $5.25 per Diluted Share, Respectively; Record Net and Operating Return on Equity of 20.9% and 20.3%, Respectively First Quarter Highlights • Combined ratio of 91.7%; combined ratio, excluding catastrophes(1), of 85.4% • Catastrophe losses of $98.9 million, or 6.3 points of the combined ratio • Net premiums written increase of 3.2%* • Renewal pri…
Read attachment ↗thg-ex99_2.htm · 8-K · 2026-04-29
EX-99.2 3 thg-ex99_2.htm EX-99.2 EX-99.2 Exhibit 99.2 FINANCIAL SUPPLEMENT FIRST QUARTER 2026 THE HANOVER INSURANCE GROUP FINANCIAL SUPPLEMENT TABLE OF CONTENTS Segment Descriptions.................................................................................................... 1 Financial Highlights......................................................................................................... 2 Consolidated Financial Sta…
Read attachment ↗