The Hanover Insurance (THG)

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Hanover Insurance Group Stock Near 52-Week High: Time to Buy?
ZACKS· 2024-08-30 17:15
Shares of The Hanover Insurance Group (THG) closed at $143.98 on Thursday, near its 52-week high of $144.10, after having gained 34.9% in a year. Shares outperformed the industry, the Finance sector as well as the Zacks S&P 500 composite index in the same time frame. Continued strong performing Core Commercial and Specialty segments, stable retention, better pricing, strong market presence and a solid capital position poise this insurer well for long-term growth. Hanover Insurance believes that it is well-p ...
The Hanover Insurance Group to Present at theKeefe, Bruyette & Woods Insurance Conference on September 5
Prnewswire· 2024-08-22 14:01
WORCESTER, Mass., Aug. 22, 2024 /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, will participate in a fireside chat at the Keefe, Bruyette & Woods Insurance Conference on Thursday, September 5 from 11:20 a.m. to 12:00 p.m. E.T. The discussion will be broadcast live through the company's website on hanover.com under "Investors." A replay of the event ...
Hanover Insurance Group (THG) is a Top Dividend Stock Right Now: Should You Buy?
ZACKS· 2024-08-21 16:45
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that me ...
The Hanover Enhances Workers' Compensation Claim Services with Expanded Work Safe Program
Prnewswire· 2024-08-15 14:02
WORCESTER, Mass., Aug. 15, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the expansion of Hanover Work Safe, a portfolio of value-added services designed to deliver a personalized approach to worker safety. As part of the company's distinctive workers' compensation offering, The Hanover offers claims specialists who proactively gain insights into factors that may impact the treatment of an injured worker beyond physical recovery and help structure a more holistic and ind ...
The Hanover Insurance (THG) - 2024 Q2 - Earnings Call Transcript
2024-08-03 22:31
The Hanover Insurance Group, Inc (NYSE:THG) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Oksana Lukasheva - Senior Vice President of Corporate Finance John Roche - Chief Executive Officer & President Jeff Farber - Chief Financial Officer Richard Lavey - Executive VP & President of Hanover Agency Markets Bryan Salvatore - Executive VP & President of Specialty Conference Call Participants Michael Phillips - Oppenheimer Mike Zaremski - BMO Paul Newsome - Piper Sandler Grace C ...
The Hanover Insurance (THG) - 2024 Q2 - Quarterly Report
2024-08-01 19:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbols Name of each exchange on which registered Common Stock, $.01 par value THG New York Stock Exchange 7 5/8% Senior Debentures due 2025 THG New York Stock Exchange 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 June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT O ...
Compared to Estimates, Hanover Insurance (THG) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-01 01:05
Hanover Insurance Group (THG) reported $1.57 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 4.3%. EPS of $1.88 for the same period compares to -$1.91 a year ago. The reported revenue represents a surprise of +0.37% over the Zacks Consensus Estimate of $1.57 billion. With the consensus EPS estimate being $1.88, the company has not delivered EPS surprise. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...
The Hanover Insurance (THG) - 2024 Q2 - Quarterly Results
2024-07-31 21:06
Exhibit 99.2 FINANCIAL SUPPLEMENT SECOND QUARTER 2024 THE HANOVER INSURANCE GROUP FINANCIAL SUPPLEMENT 1 2 3 4 5-7 8-9 10-11 12-15 16 17 18 19 20 Non-GAAP Financial Measures. 21 Premium Related Metric Definitions 22 Corporate Information. 23 Market and Dividend Information. 23 Financial Strength and Debt Ratings. 23 TABLE OF CONTENTS Segment Descriptions . | --- | |----------------------------------------------------------------| | | | Financial Highlights | | | | Consolidated Financial Statements | | Incom ...
The Hanover Reports Strong Second Quarter Net Income and Operating Income of $1.12 and $1.88 per Diluted Share, Respectively
Prnewswire· 2024-07-31 20:05
Second Quarter Highlights Combined ratio of 99.2%; combined ratio, excluding catastrophes(1), of 88.5% Catastrophe losses of $157.1 million, or 10.7 points of the combined ratio Net premiums written increase of 5.1%* Renewal price increases(2) of 18.5% in Personal Lines, 11.7% in Core Commercial and 11.7% in Specialty Rate increases(2) of 16.6% in Personal Lines, 9.3% in Core Commercial and 8.2% in Specialty Loss and loss adjustment expense (LAE) ratio of 68.4%, 12.3 points below the prior-year quarter Curr ...
The Hanover Recognized as a Best Place to Work by U.S. News & World Report, Disability Equality Index
Prnewswire· 2024-07-25 15:00
"We place a strong focus on cultivating a workplace culture that attracts highly skilled professionals, ensuring that these employees feel a sense of appreciation and belonging, and that we are helping them build rewarding and fulfilling careers," said Denise Lowsley, chief human resources officer at The Hanover. "In our line of work, where our customers depend on us to protect what matters most to them, our employees are our greatest asset. Creating an inclusive environment where they feel appreciated and ...