Hanover Insurance Group (THG) Tops Q1 EPS by 20c

Hanover Insurance Group (NYSE: THG) reported Q1 EPS of $3.26, $0.20 better than the analyst estimate of $3.06.

• Operating income(1) of $117.7 million increased 91.6% from $61.4 million in the prior-year quarter
• Combined ratio of 93.4%; combined ratio, excluding catastrophes(2) of 89.8%
• Net premiums written increase of 9.7%*, with strong growth from each segment
• Rate increases(3) of 6.3% in Core Commercial, 8.4% in Specialty, and 2.7% in Personal Lines
• Renewal price change(3) up 9.7% in Core Commercial, 12.6% in Specialty and 4.3% in Personal Lines

For earnings history and earnings-related data on Hanover Insurance Group (THG) click here.

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