Hanover Insurance Group (THG) Misses Q3 EPS by 89c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/1/2026

1. INTC
2. AMZN
3. RDDT
4. PINS
5. COIN
6. FSLR
7. SYK
8. DASH
9. FND
10. GILD

Go back to Hanover Insurance Group (THG) Misses Q3 EPS by 89c

The Hanover Reports Third Quarter Results

November 1, 2022 4:06 PM EDT

Third Quarter Highlights

Combined ratio of 101.0%; combined ratio, excluding catastrophes(1), of 94.2%Catastrophe losses of $90.1 million, or 6.8 points of the combined ratio, including the impact from Hurricane Ian of $28.0 millionNet premiums written increase of 9.5%*, with contributions from each segmentRenewal price change(2) of 11.2% in Core Commercial, 12.4% in Specialty and 7.3% in Personal Lines, driven by homeowners renewal price change of 12.1%Rate increases(2) of 7.3% in Core Commercial, 8.0% in Specialty and 4.0% in Personal LinesCurrent accident year loss and loss adjustment expense ("LAE") ratio, excluding catastrophes(3), of 64.1% reflecting higher-than-expected inflation, primarily... More