Business
The Hanover Reports Record First Quarter Net Income and Operating Income of $5.20 and $5.25 per Diluted Share, Respectively; Record Net and Operating Return on Equity of 20.9% and 20.3%, Respectively
The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $186.8 million, or $5.20 per diluted share, in the first quarter of 2026, compared to $128.2 million, or $3.50 per diluted share, in the prior-year quarter. Operating income(5) was $188.5 million, or $5.25 per diluted share, in the first quarter of 2026, compared to $141.8 million, or $3.87 per diluted share, in the prior-year quarter. The company reported net and operating return on equity(6) of 20.9% and 20.3%, respecti
About this update from Hanover Insurance Group Inc
[{"type":"text","content":"First Quarter Highlights","length":24,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Combined ratio of 91.7%; combined ratio, excluding catastrophes(1), of 85.4%","length":76,"tagName":"p"}]},{"val":[{"type":"text","content":"Catastrophe losses of $98.9 million, or 6.3 points of the combined ratio","length":72,"tagName":"p"}]},{"val":[{"type":"text","content":"Net premiums written increase of 3.2%*","length":38,"tagName":"p"}]},{"val":[{"type":"text","content":"Renewal price increases(2) of 8.6% in Core Commercial, 8.4% in Personal Lines, and 4.6% in Specialty","length":100,"tagName":"p"}]},{"val":[{"type":"text","content":"Rate increases(2) of 7.5% in Core Commercial, 4.3% in Personal Lines, and 2.4% in Specialty","length":91,"tagName":"p"}]},{"val":[{"type":"text","content":"Loss and loss adjustment expense (LAE) ratio of 61.0%, 2.3 points below the prior-year quarter","length":94,"tagName":"p"}]},{"val":[{"type":"text","content":"Current accident year loss and LAE ratio, excluding catastrophes(3), of 56.3%, 2.0 points below the prior-year quarter","length":118,"tagName":"p"}]},{"val":[{"type":"text","content":"Net investment income of $126.9 million, up 19.6% from the prior-year quarter","length":77,"tagName":"p"}]},{"val":[{"type":"text","content":"Book value per share of $101.86, up 1.0% from December 31, 2025; excluding net unrealized depreciation on fixed maturity investments, net of tax(4), book value per share increased 2.8%","length":184,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":850,"olType":false},{"type":"text","content":"WORCESTER, Mass., April 29, 2026 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $186.8 million, or $5.20 per diluted share, in the first quarter of 2026, compared to $128.2 million, or $3.50 per diluted share, in the prior-year quarter. Operating income(5) was $188.5 million, or $5.25 per diluted share, in the first quarter of 2026, compared to $141.8 million, or $3.87 per diluted share, in the prior-year quarter. The company reported net and operating return on equity(6) of 20.9% and 20.3%, respectively, in the first quarter of 2026.","length":584,"tagName":"p"},{"type":"image","alt":"The Hanover Insurance Group, Inc. Logo. (PRNewsFoto/The Hanover Insurance Group, Inc.) (PRNewsfoto/The Hanover Ins...