Hanover Q1 net income $115.5M ($3.18/diluted share); combined ratio 95.5%

HANOVER INSURANCE GROUP, INC.

2024-Q1 EPS reported $3.18 revenue$1,551,100,000

Operating income $111.9M ($3.08/diluted) vs $4.6M ($0.13) a year ago.
Net premiums written $1.454B, up 2.3% YoY; renewal price increases of 22.8% in Personal Lines.
Combined ratio improved to 95.5% from 104.4%; ex-cat combined ratio 89.5% vs 91.7%.
Net investment income $89.7M, up 14.0% YoY on higher bond reinvestment rates and partnership income.
Book value per share $70.22, up 1.9% from Dec 31, 2023.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

HANOVER INSURANCE GROUP, INC. reported the quarter ended March 31, 2024 results: net income $115.5 million, EPS $3.18 per diluted share.

Period: the quarter ended March 31, 2024
Net income: $115.5 million
EPS: $3.18 per diluted share
Result: reported results

Exact text from the filing

On May 1, 2024, The Hanover Insurance Group, Inc. (the Company) issued a press release announcing its financial results for the quarter ended March 31, 2024.

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HANOVER INSURANCE GROUP, INC. filing history →

Source: SEC EDGAR

accession 0000950170-24-051367

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