Hanover Insurance

THG

Market cap $6.6B

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The Hanover Insurance Group gets its prior buy rating reaffirmed, agreeing with today's consensus from Wall Street and Seeking Alpha analysts. Top-line growth factors help move the needle to a bullish case, along with low balance sheet risk, proven dividend and cash flow growth. Profit margins vs. key property/casualty insurers could use improvement, particularly vs. peers like Hartford, Travelers, and Chubb.

WORCESTER, Mass. , Nov. 3, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the launch of Hanover Specialty Industrial Property (HSIP) Advantage, a new admitted property product designed to modernize insurance coverage for small to mid-sized businesses that manufacture, blend, distribute, warehouse or transport high-hazard products and materials.

The Hanover Insurance Group, Inc. ( THG ) Q3 2025 Earnings Call October 30, 2025 10:00 AM EDT Company Participants Oksana Lukasheva - Senior Vice President of Corporate Finance John "Jack" C. Roche - President, CEO & Director Jeffrey Farber - CFO, Executive VP & Principal Accounting Officer Richard Lavey - Executive VP & COO Bryan Salvatore - Executive VP & President of Specialty Conference Call Participants Michael Phillips - Oppenheimer & Co. Inc., Research Division Matthew Carletti - Citizens JMP Securities, LLC, Research Division Michael Zaremski - BMO Capital Markets Equity Research Jon Paul Newsome - Piper Sandler & Co., Research Division Meyer Shields - Keefe, Bruyette, & Woods, Inc., Research Division Presentation Operator Good day, and welcome to the Hanover Insurance Group's Third Quarter Earnings Conference Call.

The headline numbers for Hanover Insurance (THG) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Hanover Insurance Group (THG) came out with quarterly earnings of $5.09 per share, beating the Zacks Consensus Estimate of $3.79 per share. This compares to earnings of $3.05 per share a year ago.

Third Quarter Highlights Combined ratio of 91.1%; combined ratio, excluding catastrophes(1), of 88.1% Catastrophe losses of $46.2 million, or 3.0 points of the combined ratio Net premiums written increase of 4.5%* Renewal price increases(2) of 10.5% in Personal Lines, 9.9% in Core Commercial, and 8.3% in Specialty Rate increases(2) of 8.7% in Core Commercial, 6.8% in Personal Lines, and 5.8% in Specialty Loss and loss adjustment expense (LAE) ratio of 59.8%, 4.7 points below the prior-year quarter, primarily reflecting lower catastrophe losses Current accident year loss and LAE ratio, excluding catastrophes(3), of 57.6%, 0.6 points below the prior-year quarter, led by improvement in Personal Lines Net investment income of $117.0 million, up 27.5% from the prior-year quarter, driven primarily by higher earned yields and higher cashflows Book value per share of $96.00, up 7.1% and 21.2% from June 30, 2025 and December 31, 2024, respectively Book value per share, excluding net unrealized depreciation on fixed maturity investments, net of tax(4), of $100.13, increased 4.1% and 10.8% from June 30, 2025 and December 31, 2024, respectively WORCESTER, Mass. , Oct. 29, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $178.7 million, or $4.90 per diluted share, in the third quarter of 2025, compared to $102.1 million, or $2.80 per diluted share, in the prior-year quarter.

Hanover Insurance (THG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Hanover Insurance (THG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.