secwatch.observer — SEC 8-K summary
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Issuer:     HANOVER INSURANCE GROUP, INC. (THG)
CIK:        0000944695
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0000950170-23-016753
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hanover posts Q1 net loss of $12.0M; operating EPS $0.13 vs $3.26 prior; combined ratio 104.4%
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- Net loss $12.0M (-$0.34/sh); operating income $4.6M ($0.13/sh) vs $117.7M ($3.26/sh) a year ago.
- Combined ratio 104.4% (catastrophes 12.7 pts); underlying ex-cat ratio 91.7% in line with expectations.
- Catastrophe losses $175.0M driven by severe freeze events in Northeast/Midwest and widespread storms.
- Net premiums written +8.3%; renewal price change: Core Commercial 11.5%, Specialty 12.6%, Personal Lines 12.7%.
- Book value per share $66.89, up 2.0% from Dec. 31, 2022; no share repurchases in quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944695/000095017023016753/0000950170-23-016753-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944695/000095017023016753/thg-20230502.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-016753

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