Hanover Insurance Group (THG) Tops Q3 EPS by 35c, Revenues Miss
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The Hanover Reports Third Quarter Net Income and Operating Income of $3.13 and $2.46 per Diluted Share, Respectively; Combined Ratio of 94.2%; Combined Ratio, Excluding Catastrophes, of 88.4%; Enters
October 27, 2020 4:16 PM EDTWORCESTER, Mass., Oct. 27, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $118.9 million, or $3.13 per diluted share, in the third quarter of 2020, compared to net income of $118.9 million, or $2.96 per diluted share, in the prior-year quarter. Operating income (1)  was $93.5 million, or $2.46 per diluted share, for the third quarter of 2020, compared to $93.0 million, or $2.31 per diluted share, in the prior-year quarter. The difference between net and operating income in the quarter was... More
