Company Overview - The Hanover Insurance Group, Inc is the holding company for several property and casualty insurance companies, constituting one of the largest insurance businesses in the United States [4] - The company provides insurance solutions through independent agents and brokers, offering standard and specialized insurance protection for small and mid-sized businesses, homes, automobiles, and other personal items [4] Community Impact and Employee Engagement - The Hanover and its employees raised over $1 5 million for nonprofit organizations, including United Way, Feeding America, Boys & Girls Clubs of America, American Red Cross, and Insurance Industry Charitable Foundation [1] - 84% of the company's employees participated in the 2024 annual giving campaign, benefiting nearly 1,900 nonprofits nationwide in 2025 [2] - The company's charitable foundation provided matching contributions to the donations [2] Leadership and Partnerships - John C Roche, president and CEO of The Hanover, emphasized the company's commitment to giving back and the impact of employee involvement in community support [3] - Angela F Williams, president and CEO of United Way Worldwide, praised The Hanover for its community spirit and generosity, highlighting the power of collective action in addressing critical needs [3]

WORCESTER, Mass., Jan. 28, 2025 /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 participate in a fireside chat at the Bank of America Securities 2025 Financial Services Conference on Tuesday, February 11, 2025, from 8:50 a.m. to 9:30 a.m. Eastern Time. Roche and Farber will also host several one-on-one and group meetings with invest ...

WORCESTER, Mass., Jan. 16, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) recently has been recognized by Newsweek as one of America's Most Responsible Companies and by the Human Rights Campaign Foundation with a score of 100 on its Corporate Equality Index. These awards mark the fourth consecutive year the company has earned the Newsweek recognition and the seventh consecutive recognition from the Human Rights Campaign Foundation. Companies named to Newsweek's Most Responsible Companies ...

NEW YORK, Dec. 19, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating The Hanover Insurance Group, Inc. (NYSE: THG) on behalf of the company's shareholders. The investigation seeks to determine whether The Hanover Insurance Group's directors breached their fiduciary duties in connection with recent corporate actions.If you are a shareholder of The Hanover Insurance Group, Inc. and are interested in obtaining additional information regarding your rights and options, free of charg ...

WORCESTER, Mass., Dec. 19, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its fourth quarter and full-year financial results after the market closes on Tuesday, February 4, 2025. The company expects to webcast a discussion of its results on Wednesday, February 5, at 10:00 a.m. ET, through its website at hanover.com. About The HanoverThe Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute on ...

New Hedera HBAR ETP Launched on Euronext: Valour Digital Securities Limited has introduced a new Hedera HBAR ETP (ISIN: GB00BRC6JM96) on Euronext Amsterdam, expanding access to Hedera's native token, HBAR, for European investors. Distinct Offering: This new listing represents the first physically backed Hedera ETP under Valour's Digital Securities Limited base prospectus, distinct from the previously launched product on Börse Frankfurt, enabling broader market accessibility for institutional and retail inv ...

The board of directors of The Hanover Insurance Group, Inc. (THG) approved a 5.9% hike in its quarterly dividend, marking the 20th straight year of increase. The payout now stands at 90 cents per share compared with the earlier payout of 85 cents per share. The company’s five-year annualized dividend growth of about 6.8% and the payout ratio of 30 not only reflect this Zacks Rank #3 (Hold) insurer’s operational strength but also its commitment to distributing wealth to shareholders. This insurer also pays s ...

WORCESTER, Mass., Dec. 2, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has approved an increase in the company's quarterly dividend to $0.90 per share on the issued and outstanding common stock of the company, payable December 27, 2024, to shareholders of record at the close of business on December 13, 2024."This is the 20th consecutive year we have increased our quarterly dividend, demonstrating our commitment to delivering enhanced value to our ...

Financial Data and Key Metrics Changes - The company generated operating income of $3.5 per diluted share, yielding an operating return on equity of 14.4% [9] - The ex-cat combined ratio improved by 2.4 points compared to the previous year's quarter, reaching 88.3%, marking the best performance in several years [34][37] - The consolidated expense ratio increased to 31%, reflecting higher agency and employee compensation, but the company remains committed to improving the expense ratio by 20 basis points per year [40][41] Business Line Data and Key Metrics Changes - Personal Lines reported a premium growth of 6.8% in the quarter, driven entirely by pricing, with policies in force declining year-over-year [12][46] - Core Commercial Lines delivered a combined ratio excluding catastrophes of 91.1%, up 1 point from the prior year quarter, with a current accident year loss ratio of 58.2% [47] - Specialty segment's combined ratio excluding catastrophes increased by 1.3 points to 82.6%, driven by higher expenses, while net written premiums grew 3.4% in the quarter [50][52] Market Data and Key Metrics Changes - The company strategically limited exposure in Florida and the Carolinas, opting not to over-participate in the Gulf Coast wind markets [35] - The company expects net written premium growth in the fourth quarter to exceed 6%, with minimal impact anticipated from Hurricane Milton [60] Company Strategy and Development Direction - The company is focused on enhancing pricing, insurance to value adjustments, and targeted underwriting actions to improve profitability [7][10] - The company aims to accelerate growth in states with attractive profitability and geographic profiles while mitigating overall catastrophe risk exposures [14][15] - Investments in technology and talent in the specialty business are expected to enhance underwriting and operational efficiencies [26][27] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating social inflation trends and maintaining strong profitability, despite challenges in the industry [10][25] - The company anticipates a continued improvement in margins and profitability, with expectations to achieve target returns in Personal Lines by mid-2025 [45][46] - Management remains optimistic about the growth trajectory in the specialty market, particularly in E&S and surety lines [30][32] Other Important Information - The company reported a 12.6% increase in book value per share from Q2 to $79.90, driven by earnings and changes in unrealized losses [56] - The company has not repurchased shares during the winter season but remains committed to returning capital to investors through dividends and strategic buybacks [57][93] Q&A Session Summary Question: Insights on Personal Lines segment and future growth - Management indicated that both auto and home lines are at target margins and expressed excitement about moving towards more offensive growth strategies in states where they have achieved target returns [62][63] Question: Impact of deductible changes on future storm events - Management noted that by April of next year, the portfolio will be significantly improved due to pricing and deductible changes, which will provide meaningful benefits in future storm events [68][69] Question: Commentary on liability picks in core commercial - Management clarified that the increase in liability picks is a conservative approach to guard against volatility in loss trends, with expectations for a balanced loss ratio in 2024 [71][72] Question: Competitive environment and pricing trends - Management observed a flattening of property pricing but an increase in liability pricing, indicating a competitive landscape with variances across different market segments [81][84] Question: Future capital management strategies - Management expressed support for routine dividend growth and potential share buybacks, indicating a likelihood of returning to capital management sooner rather than later [93][94]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-13754 THE HANOVER INSURANCE GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 04-3 ...