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Stock impact report

The Hanover Reports Strong First Quarter Net Income and Operating Income of $3.18 and $3.08 per Diluted Share, Respectively; Net and Operating Return on Equity of 18.5% and 15.1%, Respecti...

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: Yahoo! Finance
Catastrophe losses of $86.9 million , or 6.0 points of the combined ratio Net premiums written increase of 2.3%* Renewal price increases of 22.8% in Personal Lines, 11.5% in Core Commercial and 11.0% in Specialty Rate increases of 15.8% in Personal Lines, 9.3% in Core Commercial and 8.4% in Specialty Loss and loss adjustment expense (LAE) ratio of 64.6%, 9.1 points below the prior-year quarter, driven by lower catastrophe and non-catastrophe losses Current accident year loss and LAE ratio, excluding catastrophes , of 59.3%, 1.9 points below the prior-year quarter Net investment income of $89.7 million , up 14.0% from the prior-year quarter, primarily due to higher bond reinvestment rates, higher partnership income, and the continued investment of operational cashflows Book value per share of , up 1.9% from December 31, 2023 , primarily due to strong earnings in the quarter WORCESTER, Mass. May 1, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today Show less Read more
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