Hanover Q3 net income $0.2M ($0.01 EPS); combined ratio 101.0%; book value down 10.5%

HANOVER INSURANCE GROUP, INC.

2022-Q3 EPS reported $3.53 revenue$3,989,900,000

Operating income $35.7M ($0.99/sh) vs $30.8M prior year; net income $0.2M ($0.01/sh) down from $34.0M.
Net premiums written +9.5% to $1,505M; core commercial +5.9%, specialty +12.6%, personal lines +11.3%.
Catastrophe losses $90.1M (6.8 pts), including $28M from Hurricane Ian; combined ratio 101.0% vs 102.3%.
Book value per share $64.59, down 10.5% from June 30, 2022 due to fixed maturity fair value decline.
Personal lines operating loss $18.8M; current accident year loss ratio excl. catastrophes rose 9.9 pts to 72.3% on inflation.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

HANOVER INSURANCE GROUP, INC. reported the quarter ended September 30, 2022 results: net income $0.2 million, EPS $0.01 per diluted share.

Period: the quarter ended September 30, 2022
Net income: $0.2 million
EPS: $0.01 per diluted share
Result: reported results

Exact text from the filing

The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $0.2 million, or $0.01 per diluted share, in the third quarter of 2022

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

HANOVER INSURANCE GROUP, INC. filing history →

Source: SEC EDGAR

accession 0000950170-22-020890

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