---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-013905"
form_type: "8-K"
ticker: "THG"
cik: "0000944695"
company_name: "HANOVER INSURANCE GROUP, INC."
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T06:15:25.482664+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hanover Q2 operating EPS $2.32, net $0.63; combined ratio 96.2%; ex-CAT combined ratio guidance raised to 90.5-91.5%

## Summary
- Net income fell to $22.6M ($0.63/diluted share) from $128.5M ($3.52) in Q2 2021; operating income $83.9M ($2.32) vs $104.0M ($2.85).
- Combined ratio 96.2% (cat losses 6.0 pts); ex-cat combined ratio 90.2% vs 87.9% prior year. Personal Lines combined ratio 103.2%.
- Net premiums written grew 10.4% to $1,332.8M; renewal price change: Core Commercial +11%, Specialty +12%, Personal Lines +5.4%.
- Book value per share $72.20, down 9.3% from March 31, 2022, due to higher interest rates.
- 2022 outlook: ex-cat combined ratio 90.5-91.5% (up 1 pt from original); pre-tax net investment income $280-285M (up ~5%).

## SEC filing metadata
- accession: 0000950170-22-013905
- form_type: 8-K
- ticker: THG
- cik: 0000944695
- company_name: HANOVER INSURANCE GROUP, INC.
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944695/000095017022013905/0000950170-22-013905-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944695/000095017022013905/thg-20220802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-013905
- JSON: https://secwatch.observer/filing/0000950170-22-013905.json
- Plain text: https://secwatch.observer/filing/0000950170-22-013905.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.