---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-053992"
form_type: "8-K"
ticker: "THG"
cik: "0000944695"
company_name: "HANOVER INSURANCE GROUP, INC."
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T22:19:23.376227+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hanover estimates Q3 catastrophe losses of $195.8M, combined ratio 104.4%

## Summary
- Catastrophe loss estimate of $195.8M pre-tax (13.7 pts of NEP) from Midwest convective storms; hail and wind damage primarily in Personal Lines.
- Expected Q3 combined ratio of 104.4%; combined ratio ex-catastrophes 90.7%.
- Expected after-tax net income $0.24 per diluted share; operating income $0.19 per diluted share.
- Homeowners renewal prices increased 23.4% in Q3; expected 27% in Q4 as part of margin recapture plan.
- CEO cites decisive underwriting actions including wind/hail deductibles, aged roof amortization, and strengthened terms and conditions.

## SEC filing metadata
- accession: 0000950170-23-053992
- form_type: 8-K
- ticker: THG
- cik: 0000944695
- company_name: HANOVER INSURANCE GROUP, INC.
- filed_at: 2023-10-18T23:59:59+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/944695/000095017023053992/0000950170-23-053992-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944695/000095017023053992/thg-20231018.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-053992
- JSON: https://secwatch.observer/filing/0000950170-23-053992.json
- Plain text: https://secwatch.observer/filing/0000950170-23-053992.txt

## Key facts
- Earnings Releases
  HANOVER INSURANCE GROUP, INC. reported third quarter 2023 results: net income after-tax net income of $0.24 per diluted share, EPS $0.24 per diluted share.
  - Period: third quarter 2023
  - Net income: after-tax net income of $0.24 per diluted share
  - EPS: $0.24 per diluted share
  - Result: preliminary results
  source text: The company also expects to generate after-tax net income of $0.24 per diluted share and operating income of $0.19 per diluted share (2) for the third quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/944695/000095017023053992/0000950170-23-053992-index.htm

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