Hanover Insurance Group (THG) Tops Q1 EPS by 74c, Revenues Beat
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The Hanover Reports First Quarter Net Income and Operating Income of $2.51 and $1.66 per Diluted Share, Respectively; Combined Ratio of 98.8%; Combined Ratio, Excluding Catastrophes, of 87.3%
April 29, 2021 4:05 PM EDTWORCESTER, Mass., April 29, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $92.7 million, or $2.51 per diluted share, in the first quarter of 2021, compared to a net loss of $40.0 million, or $1.04 per basic share*, in the prior-year quarter. Operating income (1) was $61.4 million, or $1.66 per diluted share, for the first quarter of 2021. This compared to operating income of... More
