Hanover Insurance Group (THG) Tops Q1 EPS by 5c
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The Hanover Reports First Quarter Net Income of $1.80 per Diluted Share; Record First Quarter Operating Income(1) of $1.64 per Diluted Share; Combined Ratio of 95.0%, including Catastrophe Impact of 2
May 4, 2016 4:18 PM EDTWORCESTER, Mass., May 4, 2016 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $78.2 million, or $1.80 per diluted share, for the first quarter of 2016, compared to net income of $54.9 million, or $1.22 per diluted share, in the prior-year quarter. Operating income was $71.5 million, or $1.64 per diluted share, for the first quarter of 2016, compared to $57.1 million, or $1.27 per diluted share, in the prior-year quarter.Â
First Quarter Highlights
Growth in operating income per share of... More