Hanover Insurance Group (THG) Tops Q1 EPS by 22c

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Go back to Hanover Insurance Group (THG) Tops Q1 EPS by 22c

The Hanover Reports First Quarter Net Income of $1.22 per Diluted Share; Operating Income(1) of $1.27 per Diluted Share; Combined Ratio of 97.1%, including Catastrophe Impact of 5.1 points

April 30, 2015 4:05 PM EDT

WORCESTER, Mass., April 30, 2015 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $54.9 million, or $1.22 per diluted share, for the first quarter of 2015, compared to net income of $54.6 million, or $1.22 per diluted share, in the prior-year quarter.  Operating income was $57.1 million, or $1.27 per diluted share, in the first quarter of 2015, compared to $47.0 million, or $1.05 per diluted share, in the prior-year quarter. 

First Quarter Highlights

Operating income before taxes, excluding catastrophes, increased by 14%, to... More