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Stock impact report

A.M. Best Comments on Credit Ratings of The Hanover Insurance Group, Inc. Following Announced Sale of Certain International Subsidiaries

Hanover Insurance Group Inc (THG) 
Last hanover insurance group inc earnings: 4/28 04:13 pm Check Earnings Report
US:NYSE Investor Relations: www2.snl.com/irw/corporateprofile/103541
Company Research Source: Business Wire
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best has commented that the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of The Hanover Insurance Group, Inc. (THG) [NYSE:THG] (Worcester, MA) is unchanged following the announcement on Sept. 13, 2018, that THG has entered into a definitive agreement with China Reinsurance (Group) Corporation (China Re) under which it will sell three of its wholly owned subsidiaries, The Hanover Insurance International Holdings Ltd., The Hanover Australia Holding Company Pty Ltd and Chaucer Insurance Company Designated Activity Company to China Re. These three companies collectively comprise Chaucer, an international specialty (re)insurer and Lloyd’s market participant. The Long-Term Issue Credit Ratings (Long-Term IR) and the indicative Long-Term IRs of THG and the Financial Strength Rating of A (Excellent) and the Long-Term ICRs of “a” of its operating insurance subsidiaries, co Show less Read more
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