Hanover Insurance Group Inc · NYSE:THG
Hanover Insurance — The Hanover Insurance Group — Corporate Update (March 2022)
15 slides from Hanover Insurance's corporate update, Mar 28, 2022
Slide 1: The Hanover Insurance Group, Inc.
The Hanover Insurance Group, Inc. Segment Reporting Changes and Select Historical Financial Information March 28, 2022 To be read in conjunction with the press release dated March 28, 2022, and select historical financial information published on the company’s website
Slide 2: Table of Contents
Table of Contents Segment reporting changes 3 Segment descriptions and definitions 5 Core Commercial historical information 8 Specialty historical information 10 Personal Lines select historical information 12 About The Hanover and non-GAAP financial measures 14 2
Slide 3: Segment Reporting Changes
Segment Reporting Changes The following disclosures provide supplemental information related to the changes to the company’s segment reporting, as was announced on its fourth quarter earnings call. The change in segment reporting has no effect on the company’s previously reported consolidated result
Slide 4: Summary of Segment Reporting Changes
Summary of Segment Reporting Changes Personal Lines Commercial Lines Other P&C (operating results) (operating results) Prior Personal Commercial Commercial Workers’ Home Other Other auto multiple peril auto compensation (premium and losses only) (premium and losses only) Personal Lines Core Commerci
Slide 5: Segment Descriptions
Segment Descriptions Core Commercial Sub-segment Customer and business type Primary lines of business Small Coverage to small businesses w ith annual premiums of $50,000 or less. Products • Business ow ners' policy/Commercial multiple peril Commercial are tailored to specific industry segments as ne
Slide 6: Premium-Related Metric Definitions
Premium-Related Metric Definitions • Renewal Price Change – Core Commercial and Specialty: Represents the average change in premium on renewed policies caused by the estimated net effect of base rate changes, discretionary pricing, specific inflationary changes or changes in policy level exposure or
Slide 7: Select Historical Financial Information
Select Historical Financial Information 2019 - 2021 7
Slide 8: Core Commercial Operating Income Information and Ratios
Core Commercial Operating Income Information and Ratios THE HANOVER INSURANCE GROUP GAAP UNDERWRITING AND OPERATING INCOME INFORMATION AND RATIOS CORE COMMERCIAL YTD YTD YTD (In millions, except percentage data) 1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 2Q2021 3Q2021 4Q2021 2019 2020 2021 Gross premiums wr
Slide 9: Core Commercial Premium and Related Measures
Core Commercial Premium and Related Measures 9
Slide 10: Specialty Operating Income Information and Ratios
Specialty Operating Income Information and Ratios THE HANOVER INSURANCE GROUP GAAP UNDERWRITING AND OPERATING INCOME INFORMATION AND RATIOS SPECIALTY YTD YTD YTD (In millions, except percentage data) 1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 2Q2021 3Q2021 4Q2021 2019 2020 2021 Gross premiums written $ 313.
Slide 11: Specialty Premium and Related Measures
Specialty Premium and Related Measures THE HANOVER INSURANCE GROUP PREMIUMS WRITTEN AND RELATED METRICS SPECIALTY YTD YTD YTD (In millions, except percentage data) 1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 2Q2021 3Q2021 4Q2021 2019 2020 2021 Written Prem ium s Gross $ 313.2 $ 295.0 $ 337.3 $ 306.1 $ 344.1
Slide 12: Personal Lines Premium and Related Measures
Personal Lines Premium and Related Measures THE HANOVER INSURANCE GROUP PREMIUMS WRITTEN AND RELATED METRICS PERSONAL LINES YTD YTD YTD (In millions, except percentage data) 1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 2Q2021 3Q2021 4Q2021 2019 2020 2021 Written Premiums Gross $ 458.4 $ 497.6 $ 521.4 $ 476.1
Slide 13: Homeowners & Other Personal Lines Premiums and Losses
Homeowners & Other Personal Lines Premiums and Losses THE HANOVER INSURANCE GROUP GAAP UNDERWRITING AND OPERATING INCOME INFORMATION AND RATIOS PERSONAL LINES - HOME & OTHER YTD YTD YTD (In millions, except percentage data) 1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 2Q2021 3Q2021 4Q2021 2019 2020 2021 Net p
Slide 14: About The Hanover
About The Hanover The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions through a select group of ind
Slide 15: Non-GAAP Financial Measures
Non-GAAP Financial Measures The Hanover uses non-GAAP financial measures as important measures of the Company’s operating performance, which we believe provide investors with additional information regarding management’s evaluation of our results of operations and financial performanc e. The Company
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